LLQP Accident & Sickness · Component 2.1 · 30% of the exam
A group long-term disability plan's 'own occupation period' is typically:
- AThe whole of the benefit period, since group plans apply a single definition of disability throughout
- Twenty-four months, after which an any-occupation test applies for the balance of the claim
- CNinety days, matching the plan's elimination period before benefits begin
- DFive years, after which the benefit converts to a retirement income supplement
Correct answer: B) Twenty-four months, after which an any-occupation test applies for the balance of the claim
The two-tier structure is almost universal in group long-term disability, and the change of test at the two-year point is the commonest reason a claim that was being paid is terminated.
Why the other options are wrong
- AGroup plans generally tighten the definition rather than apply one test throughout.
- CNinety days is a typical elimination period, not the own-occupation period.
- DNo conversion to a retirement supplement occurs at five years.
Exam tip
Two years own occupation, then any occupation, is the group norm.
Common mistake
Telling a group member their own-occupation protection lasts to sixty-five.
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.