LLQP Accident & Sickness · Component 3.1 · 25% of the exam
Temporary or 'conditional' coverage during A&S underwriting:
- ALasts for one year from the application date, whatever the outcome of underwriting
- BCovers the applicant unconditionally for the full benefit applied for from the date of signing
- CIs always provided by every insurer as soon as the application has been signed
- May be available if the first premium is paid and conditions are met, but many DI and CI insurers do not offer it
Correct answer: D) May be available if the first premium is paid and conditions are met, but many DI and CI insurers do not offer it
Conditional coverage is less common in A&S than life. Agents should read the receipt and not overstate protection during underwriting.
Why the other options are wrong
- AIt ends at issue or decline within a stated period.
- BIt is conditional and limited.
- CAvailability varies by insurer and product.
Exam tip
Conditional A&S coverage: check the receipt; often absent or limited.
Common mistake
Telling a client they are 'covered from today' when the receipt says otherwise.
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.