LLQP Accident & Sickness · Component 2.1 · 30% of the exam
Under an individual DI policy, benefits for total disability are usually paid:
- AOnly after the benefit period has ended, as a single settlement covering the whole claim
- BWeekly for life, with no benefit period limit as long as the total disability continues
- Monthly in arrears after the waiting period, with periodic proof of continuing disability
- DIn one lump sum at the start of the claim, calculated from the expected duration of the disability
Correct answer: C) Monthly in arrears after the waiting period, with periodic proof of continuing disability
Monthly payment in arrears is the norm. Insurers require ongoing proof — attending physician statements — at intervals.
Why the other options are wrong
- ABenefits are paid during, not after, the benefit period.
- BIndividual DI is monthly and runs to the benefit period, not for life.
- DLump sums are for CI or buyout, not income replacement.
Exam tip
DI benefits: monthly, in arrears, with periodic proof of continuing disability.
Common mistake
Promising a lump-sum DI benefit.
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.