LLQP Accident & Sickness · Component 3.2 · 25% of the exam
The recommended waiting period for a client with group STD lasting 26 weeks and six months of savings is most likely:
- 180 days, since STD and savings cover the first six months and the longer wait cuts premium
- BTwo years, since the client's savings could be stretched to cover a long period of disability
- CZero days, since a client with savings can afford the higher premium of immediate coverage
- DThirty days, since the individual policy should begin paying as soon as possible
Correct answer: A) 180 days, since STD and savings cover the first six months and the longer wait cuts premium
Waiting period is set where other resources end. Paying for a 30-day wait duplicates STD.
Why the other options are wrong
- BToo long; STD ends at 26 weeks.
- CUnnecessary and expensive.
- DDuplicates STD coverage.
Exam tip
Waiting period = when STD/savings run out.
Common mistake
Defaulting to 90 days without mapping resources.
What this tests
CISRO competency component 3.2 — 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.