OH-Life-Agent-Series-11-44 PDF Dumps Oct 04, 2024 Exam Questions – Valid OH-Life-Agent-Series-11-44 Dumps [Q19-Q39]

NO.19 As a form of level premium permanent Insurance, ordinary life Insurance accumulates a reserve that
eventually

NO.20 An insured wants to purchase a policy with three key elements: flexible premium, death benefit, and the choice
of mutual funds where the cash value will be Invested In a separate account. The Insured should purchase

NO.21 In Ohio, an agent must be appointed by the Insurer within how many days from the date the agency contract Is
executed, or the first Insurance application Is submitted?

NO.22 A policyowner may choose to have his/her life insurance policy dividends do all of the following EXCEPT

NO.23 The grace period is a period of time

NO.24 Which of the following describes the process of selection, classification, and rating of risks?

NO.25 Under Ohio insurance laws, what must a licensee do prior to operating under an assumed business name?

NO.26 Making a statement that is false and maliciously critical of the financial condition of an insurer is known as

NO.27 Which of the following is a characteristic of a contract of adhesion?

NO.28 Generally, rates charged for Insurance may NOT be

NO.29 What law do all Insurers and their agents need to comply with In regards to Information being obtained from a
third party concerning the applicant?

NO.30 While texting and driving, an Insured loses control of the vehicle and hits a tree. The resulting collision Is

NO.31 An agent’s underwriting duties Include which of the following?

NO.32 Rob, Joe, and Mike are brothers who have a $60,000 “first-to-die” Joint life policy covering all three of their
lives. If Joe dies first, the policy proceeds

NO.33 An applicant would be charged a higher premium for a life Insurance policy if they were

NO.34 Generally, If a life application Is NOT prepaid, the effective date of coverage begins on the date the

NO.35 The proposed insured’s statements on a life insurance application are considered to be

NO.36 Without written consent, a policyowner CANNOT change the beneficiary If he has named

NO.37 The Group Life Underwriting risk selection process helps protect Insurers from

NO.38 All of the following statements apply to the surrender of an annuity contract EXCEPT

NO.39 Which Is the name of the policy that combines a universal life policy with investment choices?