BAIL BONDS TEST EXAM UPDATED QUESTIONS AND ANSWERS
Presenting any information to the public that is false or untrue, deceptive or misleading is: - CORRECT
ANSWER✅✅A - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: - CORRECT ANSWER✅✅Must
submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: - CORRECT ANSWER✅✅License
is null and void
Which statement is true of Build-Up Funds? - CORRECT ANSWER✅✅The fund shall not exceed forty
percent of the premium.
A Surety Bail Bond Agent cannot deliver and execute a bond for how many days after the license is
initially issued? - CORRECT ANSWER✅✅180 days
An Insurance license is considered inactive when the fees are paid but: - CORRECT ANSWER✅✅License
is null and void
A non-admitted insurer is a/an - CORRECT ANSWER✅✅A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except - CORRECT
ANSWER✅✅Setting insurance rates
A Surety Bail Bond Agent has how many days to report to the Department of Insurance any convictions
or crimes other than minor traffic offenses? - CORRECT ANSWER✅✅30 days
, How much continuing education must a Surety Bail Agent complete? - CORRECT ANSWER✅✅7 hours
every year
Engaging in any fraudulent or dishonest or coercive practice in connection with the business of
Insurance is a crime in the State of Ohio, if this crime crosses state lines, where will the parties be
prosecuted? - CORRECT ANSWER✅✅Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may - CORRECT
ANSWER✅✅A - Order the insurer, agent, or agency to pay expenses incurred by the Director for the
investigation.
B - Order the person or company to cease and desist
C - Suspend or revoke their license
What are the requirements for a person to apply for a Surety Bail license? - CORRECT ANSWER✅✅Be a
person of high character and integrity.
Who is responsible to show proof that the continuing education has been completed? - CORRECT
ANSWER✅✅The Individual Licensee
To transact surety business in the State of Ohio, the Ohio Department of Insurance must issue -
CORRECT ANSWER✅✅Certificate of authority
Which persons are prohibited from executing bail bonds? - CORRECT ANSWER✅✅A - Employees of
detention centers.
B - Court employees.
Surety Bail Bond Agents shall maintain all record of Surety Bonds executed or countersigned by the
agent for: - CORRECT ANSWER✅✅Three years
If a Surety Bail Bond Agent countersigns a Surety Bail Bond and sent an office secretary to go to the
court house or jail to post a bond, this is: - CORRECT ANSWER✅✅Not allowed
Presenting any information to the public that is false or untrue, deceptive or misleading is: - CORRECT
ANSWER✅✅A - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: - CORRECT ANSWER✅✅Must
submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: - CORRECT ANSWER✅✅License
is null and void
Which statement is true of Build-Up Funds? - CORRECT ANSWER✅✅The fund shall not exceed forty
percent of the premium.
A Surety Bail Bond Agent cannot deliver and execute a bond for how many days after the license is
initially issued? - CORRECT ANSWER✅✅180 days
An Insurance license is considered inactive when the fees are paid but: - CORRECT ANSWER✅✅License
is null and void
A non-admitted insurer is a/an - CORRECT ANSWER✅✅A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except - CORRECT
ANSWER✅✅Setting insurance rates
A Surety Bail Bond Agent has how many days to report to the Department of Insurance any convictions
or crimes other than minor traffic offenses? - CORRECT ANSWER✅✅30 days
, How much continuing education must a Surety Bail Agent complete? - CORRECT ANSWER✅✅7 hours
every year
Engaging in any fraudulent or dishonest or coercive practice in connection with the business of
Insurance is a crime in the State of Ohio, if this crime crosses state lines, where will the parties be
prosecuted? - CORRECT ANSWER✅✅Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may - CORRECT
ANSWER✅✅A - Order the insurer, agent, or agency to pay expenses incurred by the Director for the
investigation.
B - Order the person or company to cease and desist
C - Suspend or revoke their license
What are the requirements for a person to apply for a Surety Bail license? - CORRECT ANSWER✅✅Be a
person of high character and integrity.
Who is responsible to show proof that the continuing education has been completed? - CORRECT
ANSWER✅✅The Individual Licensee
To transact surety business in the State of Ohio, the Ohio Department of Insurance must issue -
CORRECT ANSWER✅✅Certificate of authority
Which persons are prohibited from executing bail bonds? - CORRECT ANSWER✅✅A - Employees of
detention centers.
B - Court employees.
Surety Bail Bond Agents shall maintain all record of Surety Bonds executed or countersigned by the
agent for: - CORRECT ANSWER✅✅Three years
If a Surety Bail Bond Agent countersigns a Surety Bail Bond and sent an office secretary to go to the
court house or jail to post a bond, this is: - CORRECT ANSWER✅✅Not allowed
