Life License Qualification Program (LLQP) Practice Exam

An accident policy will most likely pay a benefit for a(n)?

1. Self-inflicted injury

2. Critical illness

3. On-the-job accident

4. Off-the-job accident

The correct answer is: Off-the-job accident

An accident policy is typically designed to provide coverage for injuries resulting from accidents, and it is more likely to pay benefits for unintentional injuries that occur outside the scope of employment. This includes injuries sustained during leisure activities, transportation, or other off-the-job scenarios. In particular, accidents that happen off-the-job are frequently covered under standard accident policies, which aim to protect individuals from financial burdens resulting from unexpected incidents. This coverage often encompasses a variety of incidents as long as they are not excluded by the policy terms. The other options do not align as well with the intent of a standard accident policy. Self-inflicted injuries are generally excluded from coverage, as these are considered intentional. Critical illnesses are typically covered under different types of policies, such as critical illness insurance, rather than accident policies. On-the-job accidents are commonly covered by workers' compensation or specific employer liability insurance, rather than individual accident policies meant for general, non-work-related injuries. Thus, claiming benefits for an off-the-job accident aligns best with the purpose of a typical accident policy.