Ohio Health and life insurance exam
Ohio Health and Life Insurance Exam
UPDATED 2025
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 - Correct Ans-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 - Correct Ans-
The face amount and premium will remain constant over the 10 year period
Which of the following provides Medicare supplement policies? - Correct Ans-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 - Correct Ans-
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?
- Correct Ans-Temporary employee
Which of the following is a reinstatement condition? - Correct Ans-Proof of insurability
Ohio requires that a licensee complete ______ hours of continuing education on the
subject of ethics every reporting period. - Correct Ans-3
Carole is a licensed agent who lives in Michigan and transacts insurance in Ohio. In
Ohio, Carole is considered to be a - Correct Ans-nonresident agent
Long- term care insurance applications must contain plain and unambiguous health
questions. The exception to this rule would be applications for - Correct Ans-guaranteed
issue
Continuous 24- hour care provided by licensed medical professionals under the direct
supervision of a physician is called - Correct Ans-skilled nursing care
The entire contract includes the actual policy and the - Correct Ans-application
The branch of dentistry which deals with the replacement of missing parts is called -
Correct Ans-Prosthodontics
An agent's license has been suspended for non-renewal. The agent my apply for
reinstatement - Correct Ans-within 12 months of the license renewal date
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, Ohio Health and life insurance exam
Which of the following is an annuity that is linked to a market-related index? - Correct
Ans-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 -
Correct Ans-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 - Correct Ans-bringing legal action
against the insurer
An individual most likely will have an insurable interest in insuring a person's life if -
Correct Ans-An economic interest exists for the continuance of the insured's life
According to the Health Insurance Portability and Accountability Act (HIPPA), when can
a group health policy renewal be denied? - Correct Ans-Participation or contribution
rules have been violated
Medicaid is a government-funded program designed to provide health care to - Correct
Ans-poor people
Medicare Part A does not pay for medical benefits provided for the treatment in a skilled
nursing facility beyond - Correct Ans-100 days
A partial surrender in which of the following life policies? - Correct Ans-universal life
An agent's appointment may only be terminated by the - Correct Ans-insurer
An applicant's character and personal habits can be obtained for underwriting purposes
from which source? - Correct Ans-investigate consumer report
Which type of business insurance is meant to cover the costs of continuing to do a
business while the owner is disabled? - Correct Ans-Business overhead expense policy
Advertisements for accident and health policies that ONLY cover a stated illness MUST
display a statement that the - Correct Ans-policy is limited
Loss of income insurance provides - Correct Ans-an individual the means to replace
wages
A spouse and child can be added to the primary insured's coverage as what kind of
rider? - Correct Ans-Family Term
What is known as the immediate specific event causing loss and giving rise to risk? -
Correct Ans-Peril
2|Page
Ohio Health and Life Insurance Exam
UPDATED 2025
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 - Correct Ans-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 - Correct Ans-
The face amount and premium will remain constant over the 10 year period
Which of the following provides Medicare supplement policies? - Correct Ans-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 - Correct Ans-
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?
- Correct Ans-Temporary employee
Which of the following is a reinstatement condition? - Correct Ans-Proof of insurability
Ohio requires that a licensee complete ______ hours of continuing education on the
subject of ethics every reporting period. - Correct Ans-3
Carole is a licensed agent who lives in Michigan and transacts insurance in Ohio. In
Ohio, Carole is considered to be a - Correct Ans-nonresident agent
Long- term care insurance applications must contain plain and unambiguous health
questions. The exception to this rule would be applications for - Correct Ans-guaranteed
issue
Continuous 24- hour care provided by licensed medical professionals under the direct
supervision of a physician is called - Correct Ans-skilled nursing care
The entire contract includes the actual policy and the - Correct Ans-application
The branch of dentistry which deals with the replacement of missing parts is called -
Correct Ans-Prosthodontics
An agent's license has been suspended for non-renewal. The agent my apply for
reinstatement - Correct Ans-within 12 months of the license renewal date
1|Page
, Ohio Health and life insurance exam
Which of the following is an annuity that is linked to a market-related index? - Correct
Ans-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 -
Correct Ans-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 - Correct Ans-bringing legal action
against the insurer
An individual most likely will have an insurable interest in insuring a person's life if -
Correct Ans-An economic interest exists for the continuance of the insured's life
According to the Health Insurance Portability and Accountability Act (HIPPA), when can
a group health policy renewal be denied? - Correct Ans-Participation or contribution
rules have been violated
Medicaid is a government-funded program designed to provide health care to - Correct
Ans-poor people
Medicare Part A does not pay for medical benefits provided for the treatment in a skilled
nursing facility beyond - Correct Ans-100 days
A partial surrender in which of the following life policies? - Correct Ans-universal life
An agent's appointment may only be terminated by the - Correct Ans-insurer
An applicant's character and personal habits can be obtained for underwriting purposes
from which source? - Correct Ans-investigate consumer report
Which type of business insurance is meant to cover the costs of continuing to do a
business while the owner is disabled? - Correct Ans-Business overhead expense policy
Advertisements for accident and health policies that ONLY cover a stated illness MUST
display a statement that the - Correct Ans-policy is limited
Loss of income insurance provides - Correct Ans-an individual the means to replace
wages
A spouse and child can be added to the primary insured's coverage as what kind of
rider? - Correct Ans-Family Term
What is known as the immediate specific event causing loss and giving rise to risk? -
Correct Ans-Peril
2|Page
