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OHIO SERIES 11-35 EXAM
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Incorrect 11
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11 missed terms
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1 of 11
Definition
Kurt is an active duty serviceman who was recently killed in an accident
while home on leave. Which military service exclusion clause would
pay upon his death?
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, Results
The "results clause" states the
Falling below the federal poverty line. insurer is excused from paying
the amount only if the death is a
result of war.
Aleatory consideration
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2 of 11
Definition
Ted has a health insurance plan that requires him to pay a specific sum
out of pocket before any benefits are paid in a calendar year. Which of
these does his health plan have?
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Waiting period deductible Family deductible
Calendar year deductible Flat dollar deductible
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3 of 11
,Definition
An example of a tax qualified retirement plan would be a
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Defined contribution plan 1035 exchange plan
Executive index plan Defined benefit plan
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4 of 11
Definition
A life insurance company has transferred some of its risks to another
reinsure
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Reinsurer Participating Insurer
Mutual Insurer Insured
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, Match term to definition 5-7 of 11
Select a definition to match it with its term
May never raise premiums
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In contrast to a guaranteed renewable policy, a noncancellable policy
consideration
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In an insurance contract, the element that shows each party is giving
something of value is called
Aleatory
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The term which describes the fact that both parties of a contract may NOT
receive the same value is referred to as
8 of 11
OHIO SERIES 11-35 EXAM
Your time: 1 min.
Correct 0
0%
Incorrect 11
Next steps
11 missed terms
Practise terms in Learn Take a new test
Practise your missed terms Take another test to boost
more until you get them your confidence.
right.
Your answers
1 of 11
Definition
Kurt is an active duty serviceman who was recently killed in an accident
while home on leave. Which military service exclusion clause would
pay upon his death?
Give this one a go later!
, Results
The "results clause" states the
Falling below the federal poverty line. insurer is excused from paying
the amount only if the death is a
result of war.
Aleatory consideration
Don't know?
2 of 11
Definition
Ted has a health insurance plan that requires him to pay a specific sum
out of pocket before any benefits are paid in a calendar year. Which of
these does his health plan have?
Give this one a go later!
Waiting period deductible Family deductible
Calendar year deductible Flat dollar deductible
Don't know?
3 of 11
,Definition
An example of a tax qualified retirement plan would be a
Give this one a go later!
Defined contribution plan 1035 exchange plan
Executive index plan Defined benefit plan
Don't know?
4 of 11
Definition
A life insurance company has transferred some of its risks to another
reinsure
Give this one a go later!
Reinsurer Participating Insurer
Mutual Insurer Insured
Don't know?
, Match term to definition 5-7 of 11
Select a definition to match it with its term
May never raise premiums
Give this one a go later!
In contrast to a guaranteed renewable policy, a noncancellable policy
consideration
Give this one a go later!
In an insurance contract, the element that shows each party is giving
something of value is called
Aleatory
Give this one a go later!
The term which describes the fact that both parties of a contract may NOT
receive the same value is referred to as
8 of 11
