OHIO LIFE AND HEALTH INSURANCE
EXAMINATION TEST 2026 FULL QUESTIONS
WITH CORRECT SOLUTIONS
◉ a medicare supplement basic benefit is Answer: the first 3 pints of
blood per year
◉ According to HIPAA, when an insured individual leaves an
employer and immediately begins working for a new company that
offers group health insurance, the individual Answer: is eligible for
coverage upon hire
◉ how many employees must an employer have for a terminated
employee to be eligible for COBRA Answer: 20
◉ a limited payment whole life policy provides Answer: lifetime
protection
◉ if the annuitant dies before the annuity start date Answer: the
premiums paid plus interest earned will be given to the beneficiary
,◉ an employer with under 20 employees must allow a terminated
employee to continue accident and health coverage for a minimum
of Answer: 12
◉ a life insurance applicant in ohio may backdate the application for
up to ___ months Answer: 3
◉ which of the following are the premium payments for a universal
life policy not used for Answer: separate account investments
◉ a payment system for health care in which the provider is paid for
each service given is called Answer: fee-for-service
◉ Shirley has a Medigap policy, which is designed to pay costs
associated with Answer: medicare parts A and B
◉ Richard owns an insurance policy that is renewable only at the
option of the insurance company. His policy is considered to be
Answer: optionally renewable
◉ amy has a group medical policy through her employer with a $500
deductible and a 90% coinsurance provision. she incurs $1500 in
covered health care services. how much will her group insurance
carrier pay? Answer: $900
,◉ an order issued by the superintendent that prohibits a specific
practice listed in the oder is called a Answer: cease and desist order
◉ the automatic premium loan provision authorizes an insurer to
withdraw from a policy's cash value the amount of Answer: past due
premiums that have not been paid by the end of the grace period
◉ All _____ policies must be guaranteed renewable. Answer: long
term care
◉ The principle of insurable interest, in regards to a life insurance
contract, is accurately described in which statement? Answer:
insurable interest can be based on the love and affection of
individuals related by blood or law
◉ Under a life insurance policy, what does the insuring clause state?
Answer: the insurers obligation to pay a death benefit upon an
approved death claim
◉ a change in an insurance application requires Answer: an initial
made by the applicant
◉ the double indemnity provision in a life insurance policy pertains
to an insureds death caused by an Answer: accident
, ◉ A minor may receive a life insurance policy's death benefit ONLY
Answer: if the minor has an appointed guardian
◉ kathy pays a monthly premium on her health insurance policy.
how long is her grace period Answer: 10 days
◉ a disability income policy can prevent an insured from earning a
higher income than if he/she were working by utilizing Answer:
benefit limits
◉ The time limit for filing claim disputes is addressed in which
provision of an accident and health policy? Answer: legal actions
◉ all of the following are considered appropriate uses of life
insurance for business purposes except Answer: protecting the
business by covering entry level employees with life insurance
◉ which of the following is ineligible to participate in a section 125
plan Answer: an s-corp owner with greater than a 2% share
◉ confidentiality of health information (as stated by ohio HIC laws)
applies to information supplied by Answer: both by the covered
individual and by providers
EXAMINATION TEST 2026 FULL QUESTIONS
WITH CORRECT SOLUTIONS
◉ a medicare supplement basic benefit is Answer: the first 3 pints of
blood per year
◉ According to HIPAA, when an insured individual leaves an
employer and immediately begins working for a new company that
offers group health insurance, the individual Answer: is eligible for
coverage upon hire
◉ how many employees must an employer have for a terminated
employee to be eligible for COBRA Answer: 20
◉ a limited payment whole life policy provides Answer: lifetime
protection
◉ if the annuitant dies before the annuity start date Answer: the
premiums paid plus interest earned will be given to the beneficiary
,◉ an employer with under 20 employees must allow a terminated
employee to continue accident and health coverage for a minimum
of Answer: 12
◉ a life insurance applicant in ohio may backdate the application for
up to ___ months Answer: 3
◉ which of the following are the premium payments for a universal
life policy not used for Answer: separate account investments
◉ a payment system for health care in which the provider is paid for
each service given is called Answer: fee-for-service
◉ Shirley has a Medigap policy, which is designed to pay costs
associated with Answer: medicare parts A and B
◉ Richard owns an insurance policy that is renewable only at the
option of the insurance company. His policy is considered to be
Answer: optionally renewable
◉ amy has a group medical policy through her employer with a $500
deductible and a 90% coinsurance provision. she incurs $1500 in
covered health care services. how much will her group insurance
carrier pay? Answer: $900
,◉ an order issued by the superintendent that prohibits a specific
practice listed in the oder is called a Answer: cease and desist order
◉ the automatic premium loan provision authorizes an insurer to
withdraw from a policy's cash value the amount of Answer: past due
premiums that have not been paid by the end of the grace period
◉ All _____ policies must be guaranteed renewable. Answer: long
term care
◉ The principle of insurable interest, in regards to a life insurance
contract, is accurately described in which statement? Answer:
insurable interest can be based on the love and affection of
individuals related by blood or law
◉ Under a life insurance policy, what does the insuring clause state?
Answer: the insurers obligation to pay a death benefit upon an
approved death claim
◉ a change in an insurance application requires Answer: an initial
made by the applicant
◉ the double indemnity provision in a life insurance policy pertains
to an insureds death caused by an Answer: accident
, ◉ A minor may receive a life insurance policy's death benefit ONLY
Answer: if the minor has an appointed guardian
◉ kathy pays a monthly premium on her health insurance policy.
how long is her grace period Answer: 10 days
◉ a disability income policy can prevent an insured from earning a
higher income than if he/she were working by utilizing Answer:
benefit limits
◉ The time limit for filing claim disputes is addressed in which
provision of an accident and health policy? Answer: legal actions
◉ all of the following are considered appropriate uses of life
insurance for business purposes except Answer: protecting the
business by covering entry level employees with life insurance
◉ which of the following is ineligible to participate in a section 125
plan Answer: an s-corp owner with greater than a 2% share
◉ confidentiality of health information (as stated by ohio HIC laws)
applies to information supplied by Answer: both by the covered
individual and by providers
