LLQP Accident & Sickness · Component 3.1 · 25% of the exam
LTC underwriting focuses on:
- AHobbies and sports, since accidental injury is the main reason people come to need long-term care
- Functional ability, cognitive status, chronic conditions and medications, often with an assessment
- CIncome and assets, since the insurer must confirm that the client can afford the cost of care
- DOccupational class, since physically demanding work leads to earlier and longer care needs
Correct answer: B) Functional ability, cognitive status, chronic conditions and medications, often with an assessment
LTC risk is about future need for care. Underwriters test cognition and functional status. Applicants already needing help are uninsurable.
Why the other options are wrong
- AHobbies rarely affect LTC underwriting.
- CLTC is not income-based.
- DOccupation is a DI factor.
Exam tip
LTC underwriting: function, cognition, chronic disease, assessment interview.
Common mistake
Applying for LTC after the client already needs assistance.
What this tests
CISRO competency component 3.1 — 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.