OHIO LIFE AND HEALTH STATE EXAM 2024

OHIO LIFE AND HEALTH STATE EXAM 2024 What type of policy would only provide coverage for specific type of illnesses? - correct answer Dread disease insurance Justin is receiving disability income benefits from a group policy paid for by his employer. How are these benefits treated for tax purposes? - correct answer taxable income And insurance company needs to obtain personal information from a third-party concerning an applicant. Which law do you all ensures in there producers need to comply with? - correct answer The fair credit reporting act Under a disability income policy, which provision would be payable to the cause of an injury is unexpected an accidental? - correct answer Accidental bodily injury provision A company that is authorized by the superintendent to transact insurance business in Ohio is called? - correct answer Authorized insurer The entire contract includes actual policy and the - correct answer application The monthly benefit for an individual disability income policy is usually limited to a percentage of the insured income in order to avoid - correct answer Over insurance Which of the following actions may insurance company not do in a healthy policy that contains a guaranteed renewable premium benefit? - correct answer Increase the premiums on an individual basis I life insurance application in Ohio may backdate the application for up to___months - correct ans