OHIO LIFE INSURANCE EXAM LATEST
| 100 QUESTIONS | WITH COMPLETE
SOLUTIONS!!
1 of 99
Term
Which type of annuity guarantees a stated number of income
payments, whether or not the annuitant is still alive to receive them?
Give this one a try later!
life annuity certain guaranteed insurability rider
, "To the children born of my
union with Ned Jackson" nonresident agent
Don't know?
2 of 99
Term
Which of the following is NOT part of an insurance contract
policy
application
riders
certificate of authority
Give this one a try later!
certificate of authority number of children
hazard Flexible premium deffered annuity
Don't know?
, 3 of 99
Term
the double indemnity prevision in a life insurance policy pertains to
an insureds death caused by a(n)
Give this one a try later!
hazard pay age-corrected benefits
Average age accident
Don't know?
4 of 99
Term
Which of the following is NOT a specific power given to the
superintendent
Give this one a try later!
employee must be able to make
unlimited contributions certificate of authority
Determine financial strength of
an insurance company enact insurance legislation
, Don't know?
5 of 99
Definition
is not afforded protection by the guaranty fund
Give this one a try later!
What is the purpose of the Medical Information Bureau (MIB)
A non-admitted insurer
an agent's renewal date for his/his license is on or before
Donald is the primary insured of a life insurance policy and adds a children's term
rider. What is the advantage of adding this rider?
Can be converted to permanent coverage without evidence of insurability
Coverage can be different for each child
Premiums on this rider are not required until the limiting age is reached
Increases the policy's overall cash value
Don't know?
6 of 99
Term
| 100 QUESTIONS | WITH COMPLETE
SOLUTIONS!!
1 of 99
Term
Which type of annuity guarantees a stated number of income
payments, whether or not the annuitant is still alive to receive them?
Give this one a try later!
life annuity certain guaranteed insurability rider
, "To the children born of my
union with Ned Jackson" nonresident agent
Don't know?
2 of 99
Term
Which of the following is NOT part of an insurance contract
policy
application
riders
certificate of authority
Give this one a try later!
certificate of authority number of children
hazard Flexible premium deffered annuity
Don't know?
, 3 of 99
Term
the double indemnity prevision in a life insurance policy pertains to
an insureds death caused by a(n)
Give this one a try later!
hazard pay age-corrected benefits
Average age accident
Don't know?
4 of 99
Term
Which of the following is NOT a specific power given to the
superintendent
Give this one a try later!
employee must be able to make
unlimited contributions certificate of authority
Determine financial strength of
an insurance company enact insurance legislation
, Don't know?
5 of 99
Definition
is not afforded protection by the guaranty fund
Give this one a try later!
What is the purpose of the Medical Information Bureau (MIB)
A non-admitted insurer
an agent's renewal date for his/his license is on or before
Donald is the primary insured of a life insurance policy and adds a children's term
rider. What is the advantage of adding this rider?
Can be converted to permanent coverage without evidence of insurability
Coverage can be different for each child
Premiums on this rider are not required until the limiting age is reached
Increases the policy's overall cash value
Don't know?
6 of 99
Term
