LLQP Accident & Sickness · Component 1.1 · 35% of the exam
A client changed employers three weeks ago and is within a probationary period. For group and individual A&S coverage this means:
- AHe should ask the new employer to waive probation, since insurers require immediate group eligibility
- BThe insurer will apply a temporary rating reflecting the instability of a new employment relationship
- CHe is uninsurable by any insurer until the probationary period has been completed in full
- Group coverage may not start until probation ends, so an individual policy could bridge the gap
Correct answer: D) Group coverage may not start until probation ends, so an individual policy could bridge the gap
Eligibility waiting periods are a common feature of group plans, and the client is without employer coverage during them even though individual insurance is freely available.
Why the other options are wrong
- AEmployers set eligibility periods, and insurers have no interest in waiving them.
- BProbation is not a rating factor on an individual policy.
- CIndividual insurers underwrite the person, not the employer's probationary rules.
Exam tip
Group eligibility periods create a real, datable gap.
Common mistake
Assuming a new employee is covered from the first day.
What this tests
CISRO competency component 1.1 — 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.