Bail bonds test Questions and Correct Answers
Presenting any information to the public that is false or untrue, deceptive or misleading
is:
A - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must:
Must submit to a written examination.
An Insurance license is considered inactive when the fees are paid but:
License is null and void
Which statement is true of Build-Up Funds?
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?
180 days
An Insurance license is considered inactive when the fees are paid but:
License is null and void
A non-admitted insurer is a/an
A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except
, 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?
30 days
How much continuing education must a Surety Bail Agent complete?
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?
Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may
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?
Be a person of high character and integrity.
Who is responsible to show proof that the continuing education has been completed?
The Individual Licensee
Presenting any information to the public that is false or untrue, deceptive or misleading
is:
A - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must:
Must submit to a written examination.
An Insurance license is considered inactive when the fees are paid but:
License is null and void
Which statement is true of Build-Up Funds?
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?
180 days
An Insurance license is considered inactive when the fees are paid but:
License is null and void
A non-admitted insurer is a/an
A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except
, 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?
30 days
How much continuing education must a Surety Bail Agent complete?
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?
Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may
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?
Be a person of high character and integrity.
Who is responsible to show proof that the continuing education has been completed?
The Individual Licensee
