LLQP Accident & Sickness · Component 1.2 · 35% of the exam
A client's existing LTC policy pays a daily benefit for facility care only. The review should consider:
- AAdding travel medical coverage, since facility care abroad is excluded
- BTreating the coverage as complete, since facility care is the costlier scenario
- CCancelling it and replacing it with a comprehensive policy at today's rates, since older policies are rarely worth keeping
- Whether care at home is covered, since many policies distinguish it from facility care
Correct answer: D) Whether care at home is covered, since many policies distinguish it from facility care
Most people prefer to receive care at home. A facility-only policy leaves that preference unfunded. Assessing the appropriateness of LTC coverage includes the home-versus-facility distinction.
Why the other options are wrong
- ATravel insurance is unrelated to long-term care design.
- BMost people prefer care at home, which a facility-only policy leaves unfunded.
- CCancelling loses coverage that may not be replaceable at the client's age and health.
Exam tip
LTC review: home care versus facility care benefits; benefit amount and period.
Common mistake
Assuming any LTC policy covers care at home.
What this tests
CISRO competency component 1.2 — 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.