Ohio Health and life insurance exam 100% Pass

Ohio Health and life insurance exam 100% Pass The type of policy where the insurer can send a notice to the insured that the policy has been cancelled in the middle of the term is called - Answer ️️ -cancelable 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 amoun