LLQP Accident & Sickness · Component 2.1 · 30% of the exam
A CI policy that is 'convertible' allows the insured to:
- AConvert the CI policy into disability insurance if the insured's occupation changes to a riskier one
- BConvert the CI policy into life insurance at the same face amount without evidence of insurability
- Convert term CI to permanent CI without evidence, within a stated window
- DConvert the benefit into a cash value that can be withdrawn at any time before a diagnosis
Correct answer: C) Convert term CI to permanent CI without evidence, within a stated window
Convertibility preserves the option to extend CI coverage for life even if health has deteriorated, mirroring term life conversion.
Why the other options are wrong
- AConversion is within CI product lines.
- BCI does not convert to life insurance.
- DThe benefit is paid on diagnosis, not converted to cash.
Exam tip
Term CI → permanent CI conversion, no evidence, within limits.
Common mistake
Selling non-convertible T-10 CI to a client who wants long-term coverage.
What this tests
CISRO competency component 2.1 — Analyze the available products that meet the client's needs — which is weighted at 30% of the Accident & Sickness module. Written against the published curriculum.
More from component 2
- A group benefits booklet lists AD&D coverage alongside life and LTD. The AD&D benefit pays:
- A hospital indemnity (hospital cash) policy pays:
- Employment Insurance sickness benefits are available to:
- Which government program coordinates with an individual DI policy through a possible offset AND also affects the definition of insurable income?
- A group plan's 'eligibility waiting period' (probationary period) is:
- A 'retirement protection' rider on a DI policy:
Practice the whole Accident & Sickness module
Timed sets weighted like the exam, and review of every question you miss. Free to start.