Life Insurance: Ohio Laws Exam Questions and Answers
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Course
Ohio life and Health Insurance
Institution
Ohio Life And Health Insurance
Life Insurance: Ohio Laws Exam
Questions and Answers
A licensee who is required to take continuing education must include how many ethics coursework
hours? - ANSWER-3
When determining whether an annuity is suitable for a client, the agent should ask about which of the
following? - ANSWER-Finan...
No insurer, agent, broker, solicitor, or person, in connection with an insurance transaction shall offer or
promise to buy, sell, give, or allow the prospective insured employment, stock or special favors. This is
the definition of - ANSWER✔✔-inducement
When can a policy no longer be cancelled for nonfraudulent misstatements after its date of issue? -
ANSWER✔✔-2 years
Proceeds payable under a life insurance contract to a policyowner in anticipation of death or upon the
occurrence of specified life-threatening conditions as defined by the policy are best described as: -
ANSWER✔✔-accelerated benefits
What information is NOT required to be included in advertising material for a life policy? - ANSWER✔✔-
The agent's compensation
Which of the following is NOT considered advertising? - ANSWER✔✔-An AM Best company rating
After a request has been received for verification from a viatical settlement provider, an insurance
company authorized to do business shall respond within - ANSWER✔✔-30 calendar days
Which of the following statements is TRUE about an insurer's right to screen applicants for HIV? -
ANSWER✔✔-An insurer can require a blood test for HIV
What is the renewal date of a resident insurance agent's license? - ANSWER✔✔-On or before the last
day of the licensee's birth month
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