LLQP Accident & Sickness · Component 3.2 · 25% of the exam
A 40-year-old self-employed architect with no group coverage, moderate savings and rising income. The most suitable core recommendation is:
- AAccident-only coverage to age 65 with a 30-day waiting period, since his work carries no sickness risk
- Non-can DI to 65 with own-occ, a 90-day wait funded by savings, residual, FPO and COLA
- CA two-year benefit with a 30-day wait and no riders, since a short waiting period matters most
- DGroup LTD through a professional association, since group rates are lower than individual
Correct answer: B) Non-can DI to 65 with own-occ, a 90-day wait funded by savings, residual, FPO and COLA
The profile calls for long-term, non-cancellable protection with riders matched to self-employment (residual), income growth (FPO) and youth (COLA). Savings fund the waiting period.
Why the other options are wrong
- AAccident-only ignores sickness.
- CShort benefit period leaves the main risk uncovered.
- DHe has no employer group, and association plans lack non-can terms.
Exam tip
Self-employed professional: non-can, to-65, residual, FPO, COLA, 90-day wait.
Common mistake
Recommending a short benefit period to save premium.
What this tests
CISRO competency component 3.2 — Implement a recommendation adapted to the client's needs and situation — which is weighted at 25% of the Accident & Sickness module. Written against the published curriculum.
More from component 3
- An underwriter assigns a disability applicant to occupational class 2 rather than class 4. The practical effect is that:
- A disability applicant discloses a back condition that resolved four years ago with no recurrence. The likely underwriting outcome is:
- Financial underwriting for an individual disability application exists to:
- A critical illness applicant's mother and sister both had breast cancer before fifty. The underwriter is likely to:
- An applicant for long-term care coverage is seventy-two. The insurer is most likely to require:
- Group long-term disability coverage within the non-evidence maximum is issued without individual medical questions because:
Practice the whole Accident & Sickness module
Timed sets weighted like the exam, and review of every question you miss. Free to start.