LLQP Accident & Sickness · Component 1.3 · 35% of the exam
A client asks why travel medical insurance matters when she is only visiting the United States for a week. The agent should explain that:
- AA one-week trip is too short for a claim, so coverage becomes relevant only after a month abroad
- BProvincial coverage pays foreign hospital charges in full once the claim forms are submitted
- CTravel medical insurance is required by law for every Canadian leaving the country
- Provincial coverage abroad is limited to a fraction of foreign costs, which can be very large
Correct answer: D) Provincial coverage abroad is limited to a fraction of foreign costs, which can be very large
The province reimburses at its own rates, which bear no relation to what a foreign hospital charges, so a short trip can still produce a catastrophic uninsured bill.
Why the other options are wrong
- AA serious event on day one costs as much as one on day thirty.
- BProvincial reimbursement abroad is a small fraction of actual charges.
- CNo law requires a traveller to buy coverage; the risk is financial.
Exam tip
The province pays its rate, not the foreign hospital's.
Common mistake
Skipping travel coverage for a short trip.
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.