LLQP Accident & Sickness · Component 2.1 · 30% of the exam
A disability policy's benefit period 'to age 65' means:
- Benefits continue until the insured reaches 65, or recovers or dies earlier
- BThe waiting period is 65 days before the first monthly benefit is paid
- CBenefits are paid for a maximum of 65 months for any one disability
- DThe policy can be purchased only until the insured's 65th birthday
Correct answer: A) Benefits continue until the insured reaches 65, or recovers or dies earlier
To-65 is the standard long benefit period. Some policies pay to 67 or offer lifetime for accidents. Shorter periods (2 or 5 years) are cheaper but leave the long claim unfunded.
Why the other options are wrong
- BThe waiting period is a separate provision.
- CThe period runs to the age, not a count of months.
- DIssue ages are a separate limit.
Exam tip
Benefit period to 65 = the long-claim protection; shorter periods are cost compromises.
Common mistake
Confusing benefit period with the policy's expiry age.
What this tests
CISRO competency component 2.1 — Analyze the available products that meet the client's needs — which is weighted at 30% of the Accident & Sickness module. Written against the published curriculum.
More from component 2
- A group benefits booklet lists AD&D coverage alongside life and LTD. The AD&D benefit pays:
- A hospital indemnity (hospital cash) policy pays:
- Employment Insurance sickness benefits are available to:
- Which government program coordinates with an individual DI policy through a possible offset AND also affects the definition of insurable income?
- A group plan's 'eligibility waiting period' (probationary period) is:
- A CI policy that is 'convertible' allows the insured to:
Practice the whole Accident & Sickness module
Timed sets weighted like the exam, and review of every question you miss. Free to start.