Ohio Health and life insurance exam Exam Questions and Answers (2024 / 2025) (Verified Answers)

Ohio Health and life insurance exam Exam Questions and Answers (2024 / 2025) (Verified Answers) How soon can the benefit payments begin with a deferred annuity? - CORRECT ANSWER A minimum of 12 months after date of purchase Which of these factors is NOT taken into consideration when determining the cost of a long- term care policy? - CORRECT ANSWER Personal income An agent is legally permitted to share his/her commissions - CORRECT ANSWER with another licensed agent The waiver of premium does NOT include which provision? - CORRECT ANSWER All future premiums are waived if the insured recovers from the disability An employer is issued a group medical insurance policy. This single contract is known as a(n) - CORRECT ANSWER Master policy Who is the individual paid on a fee-for-service basis - COR