LLQP Accident & Sickness · Component 2.1 · 30% of the exam
Long-term care insurance benefits are triggered when the insured:
- ARetires from full-time work and files an application for the benefit
- BReaches 80, the age at which the policy's care benefit first becomes payable
- CIs diagnosed with cancer or another serious condition listed in the policy
- Cannot perform a stated number of daily-living activities or has a cognitive impairment
Correct answer: D) Cannot perform a stated number of daily-living activities or has a cognitive impairment
ADL and cognitive triggers are standard. Age and retirement are not triggers. Certification by a physician and often an assessment are required.
Why the other options are wrong
- ARetirement is not a trigger.
- BAge alone does not trigger benefits.
- CCancer is a CI trigger; LTC needs a care requirement.
Exam tip
LTC triggers: two-of-six ADLs or cognitive impairment.
Common mistake
Assuming LTC pays simply because the insured is elderly.
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.