Today, Sabrina suffered a severe stroke.

Vendor: IFSE Institute
Product: LLQP
Update on: Jul 22, 2025
Questions: 298

IFSE Institute LLQP Question Answer

Today, Sabrina suffered a severe stroke. She owns a 20-year term critical illness policy that specifically covers this medical condition. Her contract provides for a $100,000 critical illnessbenefit after a 30-day waiting period. It also includes a return of premium rider on death and maturity. Sadly, Sabrina dies 28 days after her stroke. What will the insurer do in this situation?

The insurer will pay the $100,000 critical illness benefit to Sabrina’s estate.

The insurer will pay the policy’s cash surrender value to Sabrina’s estate.

The insurer will pay the return of premium benefit to Sabrina’s estate.

The insurer will not pay any benefit, because Sabrina died during the waiting period.