LLQP Accident & Sickness · Component 2.2 · 30% of the exam
A shared care rider on a couple's long-term care policies allows one spouse to:
- Claim on the other spouse's benefit pool once their own benefits have been exhausted
- BPay a single premium covering both spouses until the first of them makes a claim
- CReceive a benefit for care provided personally to the other spouse at home
- DTransfer the policy to the other spouse if the first spouse no longer wants the coverage
Correct answer: A) Claim on the other spouse's benefit pool once their own benefits have been exhausted
Pooling the two benefit amounts means a spouse with a long claim can draw on coverage the other has not used, which is the commonest way a couple runs out of long-term care benefits.
Why the other options are wrong
- BEach spouse holds a contract with its own premium.
- CInformal care by a spouse is not an eligible reimbursable service.
- DThe rider pools benefits; it does not transfer ownership.
Exam tip
Shared care pools the two benefit amounts.
Common mistake
Sizing each spouse's long-term care coverage in isolation.
What this tests
CISRO competency component 2.2 — 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.