LLQP Accident & Sickness · Component 3.1 · 25% of the exam
A 'postponement' decision means:
- AThe application is declined permanently and the client is barred from reapplying to that insurer
- BThe policy is issued automatically at a later date once the stated period of time has passed
- CThe premium is deferred until the insured's medical condition has stabilized
- The insurer will not issue now but invites reapplication after a stated period
Correct answer: D) The insurer will not issue now but invites reapplication after a stated period
Postponement is used when a condition is recent or unstable. It differs from decline, which is a final refusal at this time.
Why the other options are wrong
- APostponement is temporary.
- BReapplication with new evidence is required.
- CNo policy exists to defer premium on.
Exam tip
Postpone = come back later with new evidence.
Common mistake
Treating a postponement as a decline and abandoning the case.
What this tests
CISRO competency component 3.1 — Implement a recommendation adapted to the client's needs and situation — which is weighted at 25% of the Accident & Sickness module. Written against the published curriculum.
More from component 3
- An underwriter assigns a disability applicant to occupational class 2 rather than class 4. The practical effect is that:
- A disability applicant discloses a back condition that resolved four years ago with no recurrence. The likely underwriting outcome is:
- Financial underwriting for an individual disability application exists to:
- A critical illness applicant's mother and sister both had breast cancer before fifty. The underwriter is likely to:
- An applicant for long-term care coverage is seventy-two. The insurer is most likely to require:
- Group long-term disability coverage within the non-evidence maximum is issued without individual medical questions because:
Practice the whole Accident & Sickness module
Timed sets weighted like the exam, and review of every question you miss. Free to start.