LLQP Accident & Sickness · Component 4.1 · 10% of the exam
A client exercises an FPO option. The insurer will require:
- Financial evidence of current income and other coverage, but no medical evidence
- BFull medical evidence, since the insurer must confirm that the client's health has not changed since issue
- CNothing at all, since the option was underwritten at issue and the increase is guaranteed on request
- DA paramedical examination, since the increased amount takes the benefit above the non-medical limit
Correct answer: A) Financial evidence of current income and other coverage, but no medical evidence
FPO removes medical underwriting only. Income must still support the increase.
Why the other options are wrong
- BMedical evidence is waived.
- CFinancial evidence is required.
- DParamedicals are medical evidence.
Exam tip
FPO exercise: financial evidence only.
Common mistake
Advising that FPO increases are automatic.
What this tests
CISRO competency component 4.1 — Provide customer service during the validity period of the coverage — which is weighted at 10% of the Accident & Sickness module. Written against the published curriculum.
More from component 4
- The agent's role in the claims process is to:
- A client with a non-cancellable DI policy stops paying premiums after a dispute with the insurer about a claim. The agent should warn that:
- When a client moves to another province, the agent should:
- A client asks to reduce the waiting period on his in-force disability policy. The agent should explain that the change:
- A client's disability policy lapsed six weeks ago for non-payment. The agent should:
- A client on claim asks whether she must keep paying premiums. The accurate answer depends on:
Practice the whole Accident & Sickness module
Timed sets weighted like the exam, and review of every question you miss. Free to start.