LLQP Accident & Sickness · Component 2.2 · 30% of the exam
An 'exclusion rider' (impairment rider) on a DI policy:
- Removes coverage for a named condition or activity so the rest can be issued at standard rates
- BShortens the waiting period for any disability that arises from the specified condition or body part
- CIncreases the benefit payable for the specified condition in exchange for a higher monthly premium
- DAdds coverage for a specified condition that the base policy would otherwise have excluded
Correct answer: A) Removes coverage for a named condition or activity so the rest can be issued at standard rates
Exclusion riders are underwriting tools. They can sometimes be reviewed for removal after a symptom-free period.
Why the other options are wrong
- BThe waiting period is unchanged.
- CThe benefit is unchanged for other causes.
- DAn exclusion rider removes coverage for the named condition; it adds nothing.
Exam tip
Exclusion rider: named condition/activity excluded; review for removal later.
Common mistake
Not explaining an exclusion rider clearly at delivery.
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.