LLQP Accident & Sickness · Component 2.1 · 30% of the exam
An 'accident-only' disability policy is characterized by:
- ACoverage of disability from sickness only, with accidents specifically excluded
- Coverage of disability from accidental injury only, with no sickness coverage
- CCoverage of all disabilities but only for the first two years of any claim
- DLifetime benefits for any disability that begins before the insured turns 65
Correct answer: B) Coverage of disability from accidental injury only, with no sickness coverage
Illness causes the majority of long-term disabilities. Accident-only coverage is a limited product often sold where full coverage is unavailable, and must be explained as such.
Why the other options are wrong
- AIt covers accidents, not sickness.
- CIt excludes sickness entirely; the benefit period is a separate matter.
- DBenefit periods vary and are not inherently lifetime.
Exam tip
Accident-only = no sickness coverage. Disclose the gap.
Common mistake
Selling accident-only coverage as 'disability insurance' without qualification.
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.