LLQP Ethics & Professional Practice · Component 1.4 · 60% of the exam
A beneficiary asks whether the accidental death rider pays because the insured died of a heart attack while driving. The agent should explain that:
- Athe rider pays for any death occurring in a motor vehicle, whatever the medical cause
- Bthe rider pays whenever a death occurs suddenly and without any prior warning signs
- the rider pays for death resulting from an accident, not from a medical event
- Dthe rider doubles the death benefit in all circumstances covered by the base policy
Correct answer: C) the rider pays for death resulting from an accident, not from a medical event
Accidental death riders cover death caused by external, violent and accidental means within a stated period of the accident. A medical event that causes the death, even if a collision follows, is generally not covered.
Why the other options are wrong
- ALocation of the death does not determine whether the cause was accidental.
- BSuddenness is not the test; the cause must be accidental.
- DThe rider adds an amount only when the cause meets the accidental definition.
Exam tip
Accidental death riders test the cause, not the suddenness or the setting.
Common mistake
Describing an accidental death rider as doubling the benefit in every case.
What this tests
CISRO competency component 1.4 — Integrate into practice the legal aspects of insurance and annuity contracts — which is weighted at 60% of the Ethics & Professional Practice module. Written against the published curriculum.
More from component 1
- An 'assignee' of a life insurance policy is:
- A corporation as policyowner and beneficiary of a policy on a key employee:
- A 'trustee' named to receive proceeds on behalf of a beneficiary:
- The 'automatic premium loan' (APL) provision:
- A life insurance contract 'matures' when:
- The 'assignment' provision typically states that:
Practice the whole Ethics & Professional Practice module
Timed sets weighted like the exam, and review of every question you miss. Free to start.