LLQP Accident & Sickness · Component 1.3 · 35% of the exam
A client asks whether she needs individual DI when her employer's group plan is 'generous'. The most important portability point is:
- Group LTD ends with employment and may be irreplaceable later; individual DI stays with her
- BGroup coverage is always convertible to an individual policy within 31 days of leaving the employer
- CIndividual DI ends with the job unless the employer agrees in writing to keep paying the premium
- DGroup coverage follows her to any new employer under the provincial portability rules for benefits
Correct answer: A) Group LTD ends with employment and may be irreplaceable later; individual DI stays with her
Portability is a core gap in group coverage. Conversion options for group LTD are limited or absent. Individual DI secures insurability now.
Why the other options are wrong
- BGroup LTD conversion is uncommon and restricted; that is the life insurance rule.
- CIndividual DI is independent of employment.
- DGroup coverage is tied to the specific employer's plan.
Exam tip
Group LTD is not portable; individual DI locks in insurability.
Common mistake
Overlooking portability when a client has good group coverage.
What this tests
CISRO competency component 1.3 — Assess the client's needs and situation — which is weighted at 35% of the Accident & Sickness module. Written against the published curriculum.
More from component 1
- The single most important fact for sizing a client's disability income need is:
- A client's beneficiaries for assets are listed in the fact-finding. Why does this matter for A&S planning?
- A client asks why the agent wants to know how assets are owned (jointly or individually). In the A&S context the answer is:
- A client mentions a back injury five years ago that fully resolved. The agent should:
- Which element of a client's situation most affects the definition of disability that should be recommended?
- Which of the following health facts is most relevant to a client's disability insurance situation?
Practice the whole Accident & Sickness module
Timed sets weighted like the exam, and review of every question you miss. Free to start.