Ohio Health and life insurance Study guides, Class notes & Summaries

Ohio Health and life insurance exam questions perfectly answered.

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 - 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 - The face amount and premium will remain constant over the 10 year period Which of the following provides Medicare supplement policie...

Ohio Health and life insurance exam LATEST EXAM 2024/2025 WITH CORRECT 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 ...

Ohio Health and life insurance A+ exam with QUESTIONS AND 100% correct answers RATED A+ 2024 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 - correct 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 - correct answer The face...

OHIO HEALTH AND LIFE INSURANCE EXAM QUESTIONS AND ANSWERS VERIFIED

Ohio Health and life insurance exam-with 100% verified solutions

Ohio Health and life insurance exam-with 100% verified solutions

Ohio Health and life insurance exam-with 100% verified solutions

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 - correct 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 - correct answer The face amount and premium will remain constant over the 10 year period Which of the following prov...

OHIO HEALTH AND LIFE INSURANCE EXAM

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 - correct 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 - correct answer The face amount and premium will remain constant over the 10 year period Which of the following prov...