OHIO HEALTH AND LIFE INSURANCE
EXAM ACTUAL EXAM COMPLETE 450
QUESTIONS WITH DETAILED VERIFIED
ANSWERS (100% CORRECT ANSWERS)
ALREADY GRADED A+
The type of policy where the insurer can send a notice to the insured that
the policy has been cancelled in the middle of the term is called -
✔✔cancelable
Krissa purchases a 10-year level term life insurance policy that has a death
benefit of $200,000. Which of these statements is true?
The policy automatically converts to whole life after the 10-year period -
✔✔The face amount and premium will remain constant over the 10 year
period
1
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
,Which of the following provides Medicare supplement policies? - ✔✔Private
insurance companies
Under the Health Insurance Portability and Accountability Act (HIPAA), the
employee's new Group Health Plan will verify Creditable Coverage so that
the - ✔✔employee's waiting period for coverage of a preexisting condition
can be reduced under the new employer's health plan
Which of the following is typically NOT eligible for the coverage in a group
health policy? - ✔✔Temporary employee
Which of the following is a reinstatement condition? - ✔✔Proof of
insurability
Ohio requires that a licensee complete ______ hours of continuing
education on the subject of ethics every reporting period. - ✔✔3
Carole is a licensed agent who lives in Michigan and transacts insurance in
Ohio. In Ohio, Carole is considered to be a - ✔✔nonresident agent
Long- term care insurance applications must contain plain and
unambiguous health questions. The exception to this rule would be
applications for - ✔✔guaranteed issue
2
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
, Continuous 24- hour care provided by licensed medical professionals under
the direct supervision of a physician is called - ✔✔skilled nursing care
The entire contract includes the actual policy and the - ✔✔application
The branch of dentistry which deals with the replacement of missing parts
is called - ✔✔Prosthodontics
An agent's license has been suspended for non-renewal. The agent my
apply for reinstatement - ✔✔within 12 months of the license renewal date
Which of the following is an annuity that is linked to a market-related index?
- ✔✔Equity- indexed annuity
A closed network plan offers a a primary physician copay of $25. If a
subscriber chooses a primary care physician outside of the network, the
subscriber will likely pay - ✔✔100% of the billed amount
An accident and health insurer has just received written proof of loss from
one of its insureds. The insured must now wait 60 days before -
✔✔bringing legal action against the insurer
3
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
EXAM ACTUAL EXAM COMPLETE 450
QUESTIONS WITH DETAILED VERIFIED
ANSWERS (100% CORRECT ANSWERS)
ALREADY GRADED A+
The type of policy where the insurer can send a notice to the insured that
the policy has been cancelled in the middle of the term is called -
✔✔cancelable
Krissa purchases a 10-year level term life insurance policy that has a death
benefit of $200,000. Which of these statements is true?
The policy automatically converts to whole life after the 10-year period -
✔✔The face amount and premium will remain constant over the 10 year
period
1
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
,Which of the following provides Medicare supplement policies? - ✔✔Private
insurance companies
Under the Health Insurance Portability and Accountability Act (HIPAA), the
employee's new Group Health Plan will verify Creditable Coverage so that
the - ✔✔employee's waiting period for coverage of a preexisting condition
can be reduced under the new employer's health plan
Which of the following is typically NOT eligible for the coverage in a group
health policy? - ✔✔Temporary employee
Which of the following is a reinstatement condition? - ✔✔Proof of
insurability
Ohio requires that a licensee complete ______ hours of continuing
education on the subject of ethics every reporting period. - ✔✔3
Carole is a licensed agent who lives in Michigan and transacts insurance in
Ohio. In Ohio, Carole is considered to be a - ✔✔nonresident agent
Long- term care insurance applications must contain plain and
unambiguous health questions. The exception to this rule would be
applications for - ✔✔guaranteed issue
2
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
, Continuous 24- hour care provided by licensed medical professionals under
the direct supervision of a physician is called - ✔✔skilled nursing care
The entire contract includes the actual policy and the - ✔✔application
The branch of dentistry which deals with the replacement of missing parts
is called - ✔✔Prosthodontics
An agent's license has been suspended for non-renewal. The agent my
apply for reinstatement - ✔✔within 12 months of the license renewal date
Which of the following is an annuity that is linked to a market-related index?
- ✔✔Equity- indexed annuity
A closed network plan offers a a primary physician copay of $25. If a
subscriber chooses a primary care physician outside of the network, the
subscriber will likely pay - ✔✔100% of the billed amount
An accident and health insurer has just received written proof of loss from
one of its insureds. The insured must now wait 60 days before -
✔✔bringing legal action against the insurer
3
©NINJANERD 2025/2026. YEAR PUBLISHED 2025.
