LLQP Accident & Sickness · Component 2.2 · 30% of the exam
Which rider is generally NOT available or NOT useful on a group LTD plan but is common on individual DI?
- ARehabilitation benefit, since group plans leave retraining to workers' compensation boards
- Future purchase option, since group benefits are formula-based and adjust with salary
- CCost-of-living adjustment, since group plans are prohibited by law from indexing benefits
- DWaiver of premium, since group plans require premiums to continue throughout any claim
Correct answer: B) Future purchase option, since group benefits are formula-based and adjust with salary
Group LTD benefits track salary through the formula. FPO exists to let individual policies grow without evidence.
Why the other options are wrong
- ARehabilitation is common in group plans.
- CCOLA can be a group plan feature.
- DGroup plans waive premiums during a claim.
Exam tip
FPO is an individual DI feature; group benefits follow salary automatically (up to limits).
Common mistake
Looking for FPO in a group booklet.
What this tests
CISRO competency component 2.2 — 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.