LLQP Accident & Sickness · Component 3.1 · 25% of the exam
Occupational classes are also used to set:
- AThe grace period, which is longer for the professional classes than for manual classes
- BThe beneficiary, since certain classes must name the employer as beneficiary
- The maximum benefit period and issue limits; lower classes may be restricted to shorter periods
- DThe survival period, which is extended for hazardous occupations
Correct answer: C) The maximum benefit period and issue limits; lower classes may be restricted to shorter periods
Class influences more than price. Manual and hazardous classes often cannot buy to-65 benefit periods or own-occ definitions.
Why the other options are wrong
- AGrace period is standard for all classes.
- BBeneficiary is unrelated to class.
- DSurvival period is a CI term.
Exam tip
Class limits benefit period, amount and definition availability.
Common mistake
Quoting a to-65 benefit period to a class that cannot buy it.
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.