LLQP Accident & Sickness · Component 1.1 · 35% of the exam
Which of the following is an example of a client's 'financial responsibilities and commitments between family members' relevant to A&S?
- AA gym membership the client pays for monthly by pre-authorized debit, since the payments would continue during disability
- BAnnual dues paid to the client's professional or trade association in order to keep working
- CA streaming subscription shared with everyone in the household
- Supporting an aging parent's care costs, which continue during disability
Correct answer: D) Supporting an aging parent's care costs, which continue during disability
Family financial commitments are listed under personal situation. Ongoing support of relatives is an expense that continues during disability and belongs in the needs analysis.
Why the other options are wrong
- AA gym membership is discretionary and cancellable, not a family commitment.
- BProfessional dues are an occupational expense, not a family obligation.
- CSubscriptions are trivial and cancellable.
Exam tip
Family obligations are continuing expenses; include them in the income to replace.
Common mistake
Counting only the client's own household expenses.
What this tests
CISRO competency component 1.1 — Assess the client's needs and situation — which is weighted at 35% of the Accident & Sickness module. Written against the published curriculum.
More from component 1
- The single most important fact for sizing a client's disability income need is:
- A client's beneficiaries for assets are listed in the fact-finding. Why does this matter for A&S planning?
- A client asks why the agent wants to know how assets are owned (jointly or individually). In the A&S context the answer is:
- A client mentions a back injury five years ago that fully resolved. The agent should:
- Which element of a client's situation most affects the definition of disability that should be recommended?
- Which of the following health facts is most relevant to a client's disability insurance situation?
Practice the whole Accident & Sickness module
Timed sets weighted like the exam, and review of every question you miss. Free to start.