2024 Valid OH-Life-Agent-Series-11-44 Real Exam Questions, practice OHIO Life Insurance [Q62-Q80]

QUESTION 62
In Ohio, an agent must be appointed by the Insurer within how many days from the date the agency contract Is
executed, or the first Insurance application Is submitted?

QUESTION 63
All of the following statements apply to the surrender of an annuity contract EXCEPT

QUESTION 64
Upon the divorce of an insured who designated their spouse as the beneficiary, which of the following actions
will result?

QUESTION 65
The grace period is a period of time

QUESTION 66
The PRIMARY reason for purchasing life Insurance Is to provide

QUESTION 67
An exposure Is a condition or situation that presents the possibility of

QUESTION 68
Which activity does NOT require an Insurance agent’s license?

QUESTION 69
It is unlawful for a person to provide an advertisement which

QUESTION 70
Each of the following are characteristics of a fixed annuity contract EXCEPT

QUESTION 71
Interest earned on a Traditional IRA is taxed

QUESTION 72
Who can surrender an annuity during the accumulation period?

QUESTION 73
Statements by an applicant concerning personal health history, family health history, occupation, and hobbies
are referred to as

QUESTION 74
In reference to life Insurance in contract law, a person MOST likely will have an insurable interest in insuring
a person’s life If

QUESTION 75
The period after an annuity Is purchased but before distributions begin Is referred to as the

QUESTION 76
The structure of a credit life insurance policy does NOT allow for

QUESTION 77
Which rider would allow additional insurance to be purchased at specified dates or events, without additional
underwriting?

QUESTION 78
Making a statement that is false and maliciously critical of the financial condition of an insurer is known as

QUESTION 79
The most common use of a group life insurance policy is to insure

QUESTION 80
What type of insurance is the cheapest option to pay off a 30-year mortgage balance?