life, accident and health insurance state exam- OH Questions and Answers Updated 2026

life, accident and health
insurance state exam- OH
Questions and Answers Updated
2026
ABpersonBwhoBisBaBnonsmoker,BofBaverageBweightBandBinBexcellentBhealthBwouldBm
ostBlikelyBbeBinBwhichBriskBclassification?B-BAnswerBpreferred



PreferredBriskBpoliciesBwithBreducedBpremiumsBareBissuedBbyBinsuranceBcompaniesBb
cBtheBinsuredBhasB-BAnswerBbetterBthanBaverageBmortality



TheBwaiverBofBpremiumBdoesBNOTBincludeBwhichBprovision?B-
BAnswerBAlBfutureBpremiumsBareBwaivedBifBtheBinsuredBrecoversBfromBtheBdisability



AnBadvertisementBforBanBinsuranceBproductBmayBcontainB-
BAnswerBtheBinsurer'sBname



ABmedicareBsupplementBplanBcanBbeBcanceledBbyBtheBinsurerB-
BAnswerBforBnonpaymentBofBpremiums



TheBprincipleBofBinsurableBinterest,BinBregardsBtoBaBlifeBinsuranceBcontract,BisBaccurat
elyBdescribedBinBwhichBstatement?B-
BAnswerBInsurableBinterestBcanBbeBbasedBonBtheBloveBandBaffectionBofBindividualsBr
elatedBbyBbloodBorBlaw



CraigBsubmitsBaB%500BclaimBforBmedicalBexpenses.BWithBaBpastBdueBpremiumBofB$1
00,BtheBinsurerBpaysB$400.BwhichBofBtheBuniformBoptionalBprovisionsBcoversBthisBsitu
ation?B-BAnswerBunpaidBpremium



AnBexampleBofBaBhealthBinsuringBcorporationB(HIC)BspecialtyBcareBproviderBisB-
BAnswerBneurologist

,anBinsuranceBcompanyBneedsBtoBobtainBpersonalBinfoBfromBaB3rdBpartBconcerningBa
nBapplicant.BwhichBlawBdoBallBinsurersBandBtheirBproducersBneedBtoBcomplyBwith?B-
BAnswerBfairBcreditBreportingBact



timeBisBcoveredBunderBaBgroupBplanBandBwouldBlikeBtoBchangedBhisBcoverageBtoBan
BindividualBpolicyBwBtheBsameBinsurerBbcBofBemploymentBtermination.BwhichBofBthes
eBdescribesBtheBchangeBthatBwillBtakeBplace?B-BAnswerBconversion



anBagentsBapptBhasBbeenBterminatedBbyBinsurer.BtheBinsurerBmustBthenBnotifyBtheBs
uperintendentBwithinBhowBmanyBdaysBofBtheBtermination?B-BAnswerB30



theBsuicideBclauseBofBaBlifeBinsuranceBpolicyBstatesBthatBifBanBinsuredBcommitsBsuici
deBwBinBaBstatedBperiodBfromBtheBpolicyBinception,BtheBinsurerBwillBonlyBbeBliableBf
orBaBreturnBofBprismsBpaidB-BAnswerBminusBindebtednessBandBwithoutBinterest



whichBofBtheBfollowingBisBconsideredBtoBbeBanBalternativeBtoBaBlifeBsettlement?B-
BAnswerBacceleratedBdeathBbenefitBrider



ifBtheBannuitantBdiesBbeforeBtheBannuityBstartBdate,B-
BAnswerBtheBpremiumsBpaidBplusBinterestBearnedBwillBbeBgivenBtoBtheBbeneficiary



aBlifeBinsuranceBpolicyBthatBhasBpremiumsBfullyBpaidBupBwithinBaBstatedBtimeBperiod
BisBcalledB-BAnswerBlimitedBpaymentBinsurance



shoppingBforBannuityBthatBguaranteesBheBcannotBoutliveBtheBbenefits.BwhichBofBthes
eBbenefitBoptionsBwouldBheBchooseB-BAnswerBguaranteedBlifetimeBwithdrawalBbenefit



whatBisBmedicareBpartBbBknownBasB-BAnswerBsupplementaryBmedicalBinsurance



fieldBunderwritingBperformedBbyBtheBproducerBinvolvesB-
BAnswerBcompletingBtheBapplicationBandBcollectingBinitialBpremium

, aBlifeBinsuranceBpolicyBwhichBcontainsBcashBvaluesBthatBvaryBaccordingBtoBitsBinvestm
entBperformanceBofBstocksBisBcalledB-BAnswerBvariableBwholeBlife



aBlifeBinsuranceBpolicyBownerBwasBinjuredBinBanBautomobileBaccidentBwhichBresultsBi
nBtotalBandBpermanentBdisability.BwhichBriderBwouldBpayBaBmonthlyBamountBbcBofBt
hisBdisability?B-BAnswerBdisabilityBincomeBrider



pierreBisBcoveredBbyBhisBemployersBgroupBmajorBmedicalBplan.BhisBemployerBpaysBfo
rB75%BofBtheBpremiumBandBheBpaysBforB25%.BhowBmuchBwouldBaB10000BbenefitBb
eBtaxableBasBincomeBunderBthisBplanB-BAnswerB0



whatBisBnotBanBelementBofBaBvalidBcontractB-BAnswerBcountersignature



aBhealthBinsuranceBpolicyBwillBtypicallyBcoverB-BAnswerBpreventativeBhealthBservices



whichBsettlementBoptionBinvolvesBhavingBtheBproceedsBremainBwithBtheBinsurerBandB
earningsBpaidBonBaBmonthlyBbasisBtoBtheBbeneficiary?B-BAnswerBinterestBonly



allBofBtheBfollowingBareBqualificationsBforBestablishingBaBhealthBsavingsBactB(HSA)Bexc
eptB-BAnswerBenrolledBinBaBhealthBplanBwithBaBprescriptionBdrugBbenefit



legalBpurposeBisBaBtermBusedBinBcontractBlawBmeaningB-
BAnswerBthereBmustBbeBlegalBreasonsBforBenteringBintoBtheBcontract



donaldBisBtheBprimaryBinsuredBofBaBlifeBinsuranceBpolicyBandBaddsBaBchildren'sBterm
Brider.BwhatBisBtheBadvantageBofBaddingBthisBrider?B-
BAnswerBcanBbeBconvertedBtoBaBpermanentBcoverage



TheBfactorBusedBmostBoftenBwhenBunderwritingBaBdisabilityBincomeBpolicyBisB-
BAnswerBannualBearnings