LLQP Accident & Sickness · Component 1.3 · 35% of the exam
A client's analysis shows she would return to part-time work after a serious illness rather than stop entirely. The design feature that matters most is:
- AA return of premium rider, which refunds her premiums if she resumes any work
- BA shorter waiting period, so benefits begin before she attempts a return to work
- CAn accidental death rider, which adds a lump sum if the illness proves fatal
- A residual or partial disability benefit, which pays in proportion to the income she loses
Correct answer: D) A residual or partial disability benefit, which pays in proportion to the income she loses
Residual provisions are what allow a claimant to work reduced hours or duties without losing the benefit entirely, which fits a gradual recovery far better than an all-or-nothing test.
Why the other options are wrong
- AReturn of premium refunds premiums at the end of a claim-free period.
- BThe waiting period governs when benefits start, not what happens on a partial return.
- CAn accidental death rider has nothing to do with a return to work.
Exam tip
Residual benefits reward a partial return instead of punishing it.
Common mistake
Choosing a policy with no residual provision for a client likely to work part time.
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.