LLQP Accident & Sickness · Component 1.1 · 35% of the exam
A client who has recently moved from another province asks whether his coverage needs change. The agent should note that:
- Provincial health coverage, drug plans and workers' compensation differ, and there may be a waiting period
- BHis individual policy lapses on a move and a new application must be made in the new province
- CHe must wait three months before any individual disability policy can be issued in the new province
- DProvincial plans are identical across Canada, so nothing in the analysis needs to be revisited
Correct answer: A) Provincial health coverage, drug plans and workers' compensation differ, and there may be a waiting period
Government coverage is provincial, so a move changes the public layer of the analysis and can leave a gap during the residency waiting period before the new plan begins.
Why the other options are wrong
- BAn individual policy is portable and continues after a move within Canada.
- CThe waiting period applies to provincial health coverage, not to issuing a private policy.
- DDrug coverage, paramedical limits and compensation schemes vary considerably by province.
Exam tip
A move changes the government layer, not the individual contract.
Common mistake
Assuming provincial health coverage is the same everywhere.
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.