LLQP Accident & Sickness · Component 3.3 · 25% of the exam
For group implementation, the employer must typically:
- AUnderwrite each employee individually and submit the results to the insurer for pricing of the plan
- BProvide each employee's tax returns so that the insurer can confirm the salaries recorded on the census
- CSign nothing at all, since the insurer issues the master contract directly to the employees who enrol
- Sign the master application, provide the census and enrolment forms, meet participation, pay the first premium
Correct answer: D) Sign the master application, provide the census and enrolment forms, meet participation, pay the first premium
Group implementation is a master contract between insurer and sponsor with employee enrolment. Participation and census accuracy are prerequisites.
Why the other options are wrong
- AThe insurer underwrites the group.
- BTax returns are not required for group.
- CThe master application is essential.
Exam tip
Group: master application, census, enrolment, participation, first premium.
Common mistake
Failing to enrol employees within the initial window, creating late applicants.
What this tests
CISRO competency component 3.3 — 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.