LLQP Accident & Sickness · Component 1.1 · 35% of the exam
A client is a self-employed electrician. Why does the agent need to know his daily job duties, not just his job title?
- ABecause the duties determine who may be named as beneficiary on a disability policy
- Because occupational class, premium and definition depend on what he physically does
- CBecause job titles are not accepted on disability applications in any Canadian province
- DBecause the duties are used to verify the applicant's age and years in the trade
Correct answer: B) Because occupational class, premium and definition depend on what he physically does
The curriculum lists type of job, daily duties, and training under occupation. An electrician who supervises from an office is a different risk from one who works live panels on ladders. Occupational class is set on duties.
Why the other options are wrong
- ADisability policies pay the insured; duties have nothing to do with beneficiaries.
- CTitles are accepted and recorded; they are simply not enough to set the class.
- DAge comes from the date of birth, not from a description of duties.
Exam tip
Record actual duties, percentage of time on each, and hazards. Occupational class is the biggest DI pricing factor after age.
Common mistake
Writing the job title alone on the application.
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.