OHIO Life Insurance

OHIO LIFE INSURANCE EXAM FINAL STUDY GUIDE 2026 QUESTIONS AND ANSWERS

This document provides a complete set of Ohio Life Insurance exam questions along with their fully correct answers. It covers the key concepts required for the state licensing exam, including policy types, provisions, state regulations, and real exam–style scenarios. The material is designed to support high-score preparation with clear and accurate solutions.

This document includes the complete and updated set of verified questions and correct answers for the Ohio Life Insurance Exam, designed to help candidates achieve an A+ score. It covers all major topics tested on the state licensing exam, including policy types, underwriting, annuities, beneficiary designations, taxation, and state-specific insurance regulations. Ideal for comprehensive exam preparation and last-minute review for the 2025 testing cycle.

This document includes the complete and updated set of verified questions and correct answers for the Ohio Life Insurance Exam, designed to help candidates achieve an A+ score. It covers all major topics tested on the state licensing exam, including policy types, underwriting, annuities, beneficiary designations, taxation, and state-specific insurance regulations. Ideal for comprehensive exam preparation and last-minute review for the 2025 testing cycle.

ohio life insurance exam Questions and Answers (2024 / 2025) (Verified Answers) Return of Premium Rider (increasing term insurance) - CORRECT ANSWER insured buys an increasing amount of term insurance that always equals the total amount of premiums paid to date Return of Cash Value Rider (increasing term insurance0 - CORRECT ANSWER Pays an amount equal to the cash value along with the face amount if the insured dies Riders - CORRECT ANSWER cost extra, but none of the extra premiu...

ohio life insurance 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 is considered to be a living benefit option in a life insurance policy - CORRECT ANSWER Accelerated death benefit An example of naming a beneficiary by class would be "To the children born of my union with Ned Jackson: David Jackson, Jennifer Jackson, and Scot...

Ohio Life Insurance Exam Questions and Answers (2024 / 2025) (Verified Answers) According to the entire contract provision, the entire contract includes all of the following EXCEPT - CORRECT ANSWER The premium payment (other answers any attachments, any endorsements, and the insurance policy) In most states, the policy becomes incontestable after - CORRECT ANSWER 2 years Consideration for an insurance policy includes - CORRECT ANSWER The statements made in the application and the pr...

Ohio Life Insurance Exam Questions and Answers (2024 / 2025) (Verified Answers) According to the entire contract provision, the entire contract includes all of the following EXCEPT - CORRECT ANSWER The premium payment (other answers any attachments, any endorsements, and the insurance policy) In most states, the policy becomes incontestable after - CORRECT ANSWER 2 years Consideration for an insurance policy includes - CORRECT ANSWER The statements made in the application and the pr...