OHIO LIFE INSURANCE 2026
CERTIFICATION SCRIPT FULL QUESTIONS
AND CORRECT ANSWERS
◉When an insurance appointment with an agent is terminated, the
party that must notify the agent of the termination is the Answer:
insurer
◉An agent license is renewed by paying the applicable renewal fee
and completing Answer: continuing education
◉With the majority of companies, within how many days does the
free-look provision allow the insured the right to return the life
insurance policy for full premium? Answer: 10 days
◉Which of the following is the specified period when the insured
may still make payment for the continuance of the policy after the
premium payment due date? Answer: grace period
◉All of the following may be considered forms of advertisement for
life insurance EXCEPT Answer: buyers guide
, ◉To receive proceeds from a death benefit, a minor Answer: must
have an appointed guardian
◉When an agent's license is suspended or revoked because the
licensee is found to be in violation of a state law Answer: the
licensee may be assessed the administrative costs incurred by the
Department
◉If a licensee is suspended for non-renewal, the licensee may apply
for reinstatement within Answer: the 12 month period following
the date when the license should have been renewed
◉A cease and desist order issued by the superintendent against an
agent Answer: prohibits a specific practice listed in the order
◉The superintendent is empowered to Answer: enforce state laws
relating to insurance
◉The superintendent is NOT responsible for Answer: endorsing
insurers
◉Which of the following is a characteristic of a non-admitted
insurer? Answer: A non-admitted insurer is not afforded protection
by the guaranty fund
CERTIFICATION SCRIPT FULL QUESTIONS
AND CORRECT ANSWERS
◉When an insurance appointment with an agent is terminated, the
party that must notify the agent of the termination is the Answer:
insurer
◉An agent license is renewed by paying the applicable renewal fee
and completing Answer: continuing education
◉With the majority of companies, within how many days does the
free-look provision allow the insured the right to return the life
insurance policy for full premium? Answer: 10 days
◉Which of the following is the specified period when the insured
may still make payment for the continuance of the policy after the
premium payment due date? Answer: grace period
◉All of the following may be considered forms of advertisement for
life insurance EXCEPT Answer: buyers guide
, ◉To receive proceeds from a death benefit, a minor Answer: must
have an appointed guardian
◉When an agent's license is suspended or revoked because the
licensee is found to be in violation of a state law Answer: the
licensee may be assessed the administrative costs incurred by the
Department
◉If a licensee is suspended for non-renewal, the licensee may apply
for reinstatement within Answer: the 12 month period following
the date when the license should have been renewed
◉A cease and desist order issued by the superintendent against an
agent Answer: prohibits a specific practice listed in the order
◉The superintendent is empowered to Answer: enforce state laws
relating to insurance
◉The superintendent is NOT responsible for Answer: endorsing
insurers
◉Which of the following is a characteristic of a non-admitted
insurer? Answer: A non-admitted insurer is not afforded protection
by the guaranty fund
