LLQP Accident & Sickness · Component 1.1 · 35% of the exam
A client supports an adult child with a developmental disability who lives at home. For the A&S analysis this means:
- ANothing changes, since provincial disability programs meet the whole cost of the child's support
- The client's own disability would end the income that funds the child's lifetime care
- CThe client is uninsurable, since a dependant with special needs makes the household risk too complex
- DThe child should be the life insured, since the household's exposure is the cost of the child's care
Correct answer: B) The client's own disability would end the income that funds the child's lifetime care
A dependant who will never be self-supporting extends the period over which income must be replaced and raises the priority of a long benefit period and a strong definition.
Why the other options are wrong
- AProvincial programs are income-tested and subsistence-level, and do not replace a parent's income.
- CA dependant with special needs raises the need for coverage; it does not affect insurability.
- DDisability insurance replaces the earner's income; insuring the child does not do that.
Exam tip
A lifelong dependant argues for the longest benefit period the budget allows.
Common mistake
Sizing the benefit period to the client's own working life and ignoring the dependant.
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.