Ohio Health and life insurance exam Exam Questions Exam Prep Questions
And Answers (202472025)
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 policies? - ✔✔Private insurance companies
Under the Health Insurance Portability and Accountability Act (HIPAA), the employee's new
Group Health Plan will verify Creditable Coverage so that the - ✔✔employee's waiting period for
coverage of a preexisting condition can be reduced under the new employer's health plan
Which of the following is typically NOT eligible for the coverage in a group health policy? -
✔✔Temporary employee
Which of the following is a reinstatement condition? - ✔✔Proof of insurability
Ohio requires that a licensee complete ______ hours of continuing education on the subject of
ethics every reporting period. - ✔✔3
Carole is a licensed agent who lives in Michigan and transacts insurance in Ohio. In Ohio, Carole
is considered to be a - ✔✔nonresident agent
Long- term care insurance applications must contain plain and unambiguous health questions. The
exception to this rule would be applications for - ✔✔guaranteed issue
, Continuous 24- hour care provided by licensed medical professionals under the direct supervision
of a physician is called - ✔✔skilled nursing care
The entire contract includes the actual policy and the - ✔✔application
The branch of dentistry which deals with the replacement of missing parts is called -
✔✔Prosthodontics
An agent's license has been suspended for non-renewal. The agent my apply for reinstatement -
✔✔within 12 months of the license renewal date
Which of the following is an annuity that is linked to a market-related index? - ✔✔Equity- indexed
annuity
A closed network plan offers a a primary physician copay of $25. If a subscriber chooses a primary
care physician outside of the network, the subscriber will likely pay - ✔✔100% of the billed
amount
An accident and health insurer has just received written proof of loss from one of its insureds. The
insured must now wait 60 days before - ✔✔bringing legal action against the insurer
An individual most likely will have an insurable interest in insuring a person's life if - ✔✔An
economic interest exists for the continuance of the insured's life
According to the Health Insurance Portability and Accountability Act (HIPPA), when can a group
health policy renewal be denied? - ✔✔Participation or contribution rules have been violated
Medicaid is a government-funded program designed to provide health care to - ✔✔poor people
Medicare Part A does not pay for medical benefits provided for the treatment in a skilled nursing
facility beyond - ✔✔100 days
And Answers (202472025)
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 policies? - ✔✔Private insurance companies
Under the Health Insurance Portability and Accountability Act (HIPAA), the employee's new
Group Health Plan will verify Creditable Coverage so that the - ✔✔employee's waiting period for
coverage of a preexisting condition can be reduced under the new employer's health plan
Which of the following is typically NOT eligible for the coverage in a group health policy? -
✔✔Temporary employee
Which of the following is a reinstatement condition? - ✔✔Proof of insurability
Ohio requires that a licensee complete ______ hours of continuing education on the subject of
ethics every reporting period. - ✔✔3
Carole is a licensed agent who lives in Michigan and transacts insurance in Ohio. In Ohio, Carole
is considered to be a - ✔✔nonresident agent
Long- term care insurance applications must contain plain and unambiguous health questions. The
exception to this rule would be applications for - ✔✔guaranteed issue
, Continuous 24- hour care provided by licensed medical professionals under the direct supervision
of a physician is called - ✔✔skilled nursing care
The entire contract includes the actual policy and the - ✔✔application
The branch of dentistry which deals with the replacement of missing parts is called -
✔✔Prosthodontics
An agent's license has been suspended for non-renewal. The agent my apply for reinstatement -
✔✔within 12 months of the license renewal date
Which of the following is an annuity that is linked to a market-related index? - ✔✔Equity- indexed
annuity
A closed network plan offers a a primary physician copay of $25. If a subscriber chooses a primary
care physician outside of the network, the subscriber will likely pay - ✔✔100% of the billed
amount
An accident and health insurer has just received written proof of loss from one of its insureds. The
insured must now wait 60 days before - ✔✔bringing legal action against the insurer
An individual most likely will have an insurable interest in insuring a person's life if - ✔✔An
economic interest exists for the continuance of the insured's life
According to the Health Insurance Portability and Accountability Act (HIPPA), when can a group
health policy renewal be denied? - ✔✔Participation or contribution rules have been violated
Medicaid is a government-funded program designed to provide health care to - ✔✔poor people
Medicare Part A does not pay for medical benefits provided for the treatment in a skilled nursing
facility beyond - ✔✔100 days
