LLQP Accident & Sickness · Component 3.2 · 25% of the exam
A recommendation for a physician's CI amount is commonly framed as:
- One to two years of after-tax income plus specific costs, within the insurer's maximum
- BZero, since a physician with disability insurance has no need for a critical illness lump sum
- CTen times her annual gross income, the standard multiple applied to a professional's coverage
- DThe appraised value of her practice, since a serious illness could force her to sell it
Correct answer: A) One to two years of after-tax income plus specific costs, within the insurer's maximum
CI sizing reflects the recovery period and specific uses. Multiples of ten are life insurance heuristics.
Why the other options are wrong
- BDI and CI are complementary.
- CThat is life insurance logic.
- DPractice value is a buyout matter.
Exam tip
CI amount: 1–2 years' net income + specific costs, within limits.
Common mistake
Sizing CI like life insurance.
What this tests
CISRO competency component 3.2 — 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.