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Practice Exam- Ohio Life Only Latest Update.
Which annuity payout option allows the policyowner to choose a pre-determined number of benefit payments? - CORRECT ANSWER Period certain
What happens when an insurance policy is backdated? - CORRECT ANSWER The policy's probation period is earlier than the present
What is an insurer required to do when faced with an error made under the Misstatement of Age provision? - CORRECT ANSWER Pay age-corrected benefits
An insurer will accept a p...
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