LLQP Accident & Sickness · Component 2.1 · 30% of the exam
A 'guaranteed insurability' feature on a group LTD plan (non-evidence maximum) means:
- AMembers receive unlimited coverage without evidence as long as they enrol within the initial window
- Members are covered up to the maximum without evidence; higher amounts are underwritten
- CCoverage is guaranteed for life once a member has been enrolled in the plan for two years
- DMembers are guaranteed individual coverage at group rates when they leave the employer's plan
Correct answer: B) Members are covered up to the maximum without evidence; higher amounts are underwritten
The non-evidence maximum is what makes group coverage accessible to members with health conditions. The excess is underwritten individually.
Why the other options are wrong
- AOnly amounts up to the maximum are automatic.
- CGroup coverage ends with employment.
- DGroup LTD rarely converts; that is not what the non-evidence maximum means.
Exam tip
Non-evidence maximum = automatic coverage ceiling; excess needs evidence.
Common mistake
Assuming a high earner's full formula amount is automatic.
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.