Laws and Rules OHIO Life & Health Insurance XCEL
EXAM QUESTIONS AND VERIFIED CORRECT ANSWERS
LATEST 2026-2027 NEW VERSION
When screening an applicant for HIV, the insurer:
may require a blood test for HIV
may inquire about applicant's sexual history
may inquire about applicant's sexual orientation
may ask applicant's relatives confirming sexual orientation - answer>>>may require
blood test for HIV
Inducement is BEST defined as - answer>>>offer to buy, sell, give or allow the
prospective insured employment, stock, or special favors in exchange for insurance
transaction
An agent's license has been suspended for non-renewal. The agent may apply for
reinstatement within ___ months of the license renewal date - answer>>>12 months
The first payment for newborn accident and health coverage is due ___ days after
birth - answer>>>31 days
How are health plans classified according to the Affordable Care Act? -
answer>>>Bronze, Silver, Gold and Platinum
An insurer may refuse to renew an employer's small group health plan due to: -
answer>>>nonpayment of premium
If an agent is believed to be causing considerable harm, the superintendent may: -
answer>>>issue a cease and desist order against the agent
, -
An insurance company has just received a request for verification from a viatical
settlement provider. The insurer is required to respond within ___ calendar days to
this request. - answer>>>30 days
Prior to conducting an HIV-related test, the insurer must obtain: - answer>>>written
authorization from the proposed insured
An agent is legally permitted to share his/her commissions with: -
answer>>>another licensed agent
Long-term care policies or certificates issued in Ohio are required to have: -
answer>>>nonforfeiture value
Tim's life insurance policy has just recently lapsed. His policy may be reinstated at
any time within ___ year(s). - answer>>>3 years
An employer with under 20 employees must allow a terminated employee to
continue accident and health coverage for a MINIMUM of ___ months -
answer>>>12 months
Pete the Agent recently had his license suspended because he was found in violation
of a state insurance law. Due to this suspension, Pete: - answer>>>may be assessed
administrative costs sustained by the department
An advertisement for an insurance product may contain: - answer>>>the insurer's
name
A foreign insurance company doing business in Ohio is: - answer>>>a company
domiciled under the laws of another state
, An agent's renewal date for his/her license is on or before: - answer>>>the last day
of the licensee's birth month
Unmarried children who are incapable of self support and have proof of incapacity
are included under their parents' health coverage until: - answer>>>policy
termination
Advertising regulations exist in order to: - answer>>>demonstrate full and truthful
disclosures to the public
To be eligible for small employer group coverage, an employee must work a
MINIMUM of ___ hours in a typical week. - answer>>>25 hours
Long-term care insurance applications MUST contain plain and unambiguous health
questions. The exception to this rule would be application for: -
answer>>>guaranteed issue
Advertisements for accident and health policies that ONLY cover a stated illness
MUST display a statement that: - answer>>>the policy is limited
An agent has committed insurance crime that violates US Code 1033 (interstate
commerce). Who would be responsible for the prosecution of this crime? -
answer>>>United States Attorney General
An insurance company advertises an accident and health insurance product in a local
Ohio newspaper and refers to dollar amount benefits. The insurer may also
disclosed what in the advertisement? - answer>>>any applicable benefit reduction
Knowingly making an untrue or incomplete statement during an insurance
transaction is considered an example of: - answer>>>misrepresentation
EXAM QUESTIONS AND VERIFIED CORRECT ANSWERS
LATEST 2026-2027 NEW VERSION
When screening an applicant for HIV, the insurer:
may require a blood test for HIV
may inquire about applicant's sexual history
may inquire about applicant's sexual orientation
may ask applicant's relatives confirming sexual orientation - answer>>>may require
blood test for HIV
Inducement is BEST defined as - answer>>>offer to buy, sell, give or allow the
prospective insured employment, stock, or special favors in exchange for insurance
transaction
An agent's license has been suspended for non-renewal. The agent may apply for
reinstatement within ___ months of the license renewal date - answer>>>12 months
The first payment for newborn accident and health coverage is due ___ days after
birth - answer>>>31 days
How are health plans classified according to the Affordable Care Act? -
answer>>>Bronze, Silver, Gold and Platinum
An insurer may refuse to renew an employer's small group health plan due to: -
answer>>>nonpayment of premium
If an agent is believed to be causing considerable harm, the superintendent may: -
answer>>>issue a cease and desist order against the agent
, -
An insurance company has just received a request for verification from a viatical
settlement provider. The insurer is required to respond within ___ calendar days to
this request. - answer>>>30 days
Prior to conducting an HIV-related test, the insurer must obtain: - answer>>>written
authorization from the proposed insured
An agent is legally permitted to share his/her commissions with: -
answer>>>another licensed agent
Long-term care policies or certificates issued in Ohio are required to have: -
answer>>>nonforfeiture value
Tim's life insurance policy has just recently lapsed. His policy may be reinstated at
any time within ___ year(s). - answer>>>3 years
An employer with under 20 employees must allow a terminated employee to
continue accident and health coverage for a MINIMUM of ___ months -
answer>>>12 months
Pete the Agent recently had his license suspended because he was found in violation
of a state insurance law. Due to this suspension, Pete: - answer>>>may be assessed
administrative costs sustained by the department
An advertisement for an insurance product may contain: - answer>>>the insurer's
name
A foreign insurance company doing business in Ohio is: - answer>>>a company
domiciled under the laws of another state
, An agent's renewal date for his/her license is on or before: - answer>>>the last day
of the licensee's birth month
Unmarried children who are incapable of self support and have proof of incapacity
are included under their parents' health coverage until: - answer>>>policy
termination
Advertising regulations exist in order to: - answer>>>demonstrate full and truthful
disclosures to the public
To be eligible for small employer group coverage, an employee must work a
MINIMUM of ___ hours in a typical week. - answer>>>25 hours
Long-term care insurance applications MUST contain plain and unambiguous health
questions. The exception to this rule would be application for: -
answer>>>guaranteed issue
Advertisements for accident and health policies that ONLY cover a stated illness
MUST display a statement that: - answer>>>the policy is limited
An agent has committed insurance crime that violates US Code 1033 (interstate
commerce). Who would be responsible for the prosecution of this crime? -
answer>>>United States Attorney General
An insurance company advertises an accident and health insurance product in a local
Ohio newspaper and refers to dollar amount benefits. The insurer may also
disclosed what in the advertisement? - answer>>>any applicable benefit reduction
Knowingly making an untrue or incomplete statement during an insurance
transaction is considered an example of: - answer>>>misrepresentation
