OHIO HEALTH AND LIFE INSURANCE EXAM
2026/2027 – 100% CORRECT VERIFIED
QUESTIONS AND ANSWERS FULL TEST BANK.
◎ 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. ANSWER:- The
face amount and premium will remain constant over the 10 year period
◎ Which of the following provides Medicare supplement policies?. ANSWER:- 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.
ANSWER:- 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?. ANSWER:- Temporary employee
◎ Which of the following is a reinstatement condition?. ANSWER:- Proof of insurability
◎ Ohio requires that a licensee complete ______ hours of continuing education on the
subject of ethics every reporting period.. ANSWER:- 3
◎ Carole is a licensed agent who lives in Michigan and transacts insurance in Ohio. In
Ohio, Carole is considered to be a. ANSWER:- nonresident agent
◎ Long- term care insurance applications must contain plain and unambiguous health
questions. The exception to this rule would be applications for. ANSWER:- guaranteed
issue
◎ Continuous 24- hour care provided by licensed medical professionals under the
direct supervision of a physician is called. ANSWER:- skilled nursing care
◎ The entire contract includes the actual policy and the. ANSWER:- application
◎ The branch of dentistry which deals with the replacement of missing parts is called.
ANSWER:- Prosthodontics
◎ An agent's license has been suspended for non-renewal. The agent my apply for
reinstatement. ANSWER:- within 12 months of the license renewal date
, ◎ Which of the following is an annuity that is linked to a market-related index?.
ANSWER:- 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.
ANSWER:- 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. ANSWER:- bringing legal action
against the insurer
◎ An individual most likely will have an insurable interest in insuring a person's life if.
ANSWER:- 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?. ANSWER:- Participation or contribution
rules have been violated
◎ Medicaid is a government-funded program designed to provide health care to.
ANSWER:- poor people
◎ Medicare Part A does not pay for medical benefits provided for the treatment in a
skilled nursing facility beyond. ANSWER:- 100 days
◎ A partial surrender in which of the following life policies?. ANSWER:- universal life
◎ An agent's appointment may only be terminated by the. ANSWER:- insurer
◎ An applicant's character and personal habits can be obtained for underwriting
purposes from which source?. ANSWER:- 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?. ANSWER:- Business overhead expense policy
◎ Advertisements for accident and health policies that ONLY cover a stated illness
MUST display a statement that the. ANSWER:- policy is limited
◎ Loss of income insurance provides. ANSWER:- 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?. ANSWER:- Family Term
2026/2027 – 100% CORRECT VERIFIED
QUESTIONS AND ANSWERS FULL TEST BANK.
◎ 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. ANSWER:- The
face amount and premium will remain constant over the 10 year period
◎ Which of the following provides Medicare supplement policies?. ANSWER:- 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.
ANSWER:- 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?. ANSWER:- Temporary employee
◎ Which of the following is a reinstatement condition?. ANSWER:- Proof of insurability
◎ Ohio requires that a licensee complete ______ hours of continuing education on the
subject of ethics every reporting period.. ANSWER:- 3
◎ Carole is a licensed agent who lives in Michigan and transacts insurance in Ohio. In
Ohio, Carole is considered to be a. ANSWER:- nonresident agent
◎ Long- term care insurance applications must contain plain and unambiguous health
questions. The exception to this rule would be applications for. ANSWER:- guaranteed
issue
◎ Continuous 24- hour care provided by licensed medical professionals under the
direct supervision of a physician is called. ANSWER:- skilled nursing care
◎ The entire contract includes the actual policy and the. ANSWER:- application
◎ The branch of dentistry which deals with the replacement of missing parts is called.
ANSWER:- Prosthodontics
◎ An agent's license has been suspended for non-renewal. The agent my apply for
reinstatement. ANSWER:- within 12 months of the license renewal date
, ◎ Which of the following is an annuity that is linked to a market-related index?.
ANSWER:- 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.
ANSWER:- 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. ANSWER:- bringing legal action
against the insurer
◎ An individual most likely will have an insurable interest in insuring a person's life if.
ANSWER:- 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?. ANSWER:- Participation or contribution
rules have been violated
◎ Medicaid is a government-funded program designed to provide health care to.
ANSWER:- poor people
◎ Medicare Part A does not pay for medical benefits provided for the treatment in a
skilled nursing facility beyond. ANSWER:- 100 days
◎ A partial surrender in which of the following life policies?. ANSWER:- universal life
◎ An agent's appointment may only be terminated by the. ANSWER:- insurer
◎ An applicant's character and personal habits can be obtained for underwriting
purposes from which source?. ANSWER:- 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?. ANSWER:- Business overhead expense policy
◎ Advertisements for accident and health policies that ONLY cover a stated illness
MUST display a statement that the. ANSWER:- policy is limited
◎ Loss of income insurance provides. ANSWER:- 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?. ANSWER:- Family Term
