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Ohio Department of Insurance OH-Life-Agent-Series-11-44 Exam Syllabus Topics:

SectionObjectives
Life Insurance Concepts- Life insurance policies
  • 1. Whole life insurance
    • 2. Term life insurance
      • 3. Universal life insurance
        - Policy provisions and riders
        • 1. Beneficiaries and ownership rights
          • 2. Common policy riders
            Insurance Basics- Insurance principles and risk management
            • 1. Insurance contract fundamentals
              • 2. Risk classification and types of risk
                Annuities and Retirement Products- Annuity basics
                • 1. Suitability standards
                  • 2. Fixed vs variable annuities
                    Ohio Insurance Law and Regulations- Ethics and compliance
                    • 1. Unfair trade practices
                      • 2. Fraud prevention
                        - State licensing requirements
                        • 1. Continuing education requirements
                          • 2. Producer licensing rules

                            Ohio Department of Insurance OHIO Life Insurance Agent Series 11-44 Sample Questions:

                            Which activity does NOT require an Insurance agent's license?

                            • A. underwriting
                            • B. soliciting
                            • C. negotiating
                            • D. selling
                            Reveal Solution  Discussion  0

                            Correct Answer: A  🗳️

                            Something that increases the probability of loss is called

                            • A. an exposure.
                            • B. a peril.
                            • C. a risk.
                            • D. a hazard.
                            Reveal Solution  Discussion  0

                            Correct Answer: D  🗳️

                            Contributions made to a Roth IRA are

                            • A. only tax deductible at age 50 or older.
                            • B. partially tax deductible.
                            • C. not tax deductible.
                            • D. tax deductible at retirement.
                            Reveal Solution  Discussion  0

                            Correct Answer: C  🗳️

                            An agent's actions or deeds demonstrate what kind of authority?

                            • A. delegated
                            • B. express
                            • C. inherent
                            • D. apparent
                            Reveal Solution  Discussion  0

                            Correct Answer: D  🗳️

                            Insurance agents have duties and responsibilities to the insured and the insurer. Which of the following
                            responsibilities does an agent owe the insured during the policy year?

                            • A. Work with rating bureaus to establish insurer ratings.
                            • B. Notify the insurance department when claims are paid.
                            • C. Pay the insured's premiums if they are unable to do so.
                            • D. Help the insured file and follow up on claims.
                            Reveal Solution  Discussion  0

                            Correct Answer: D  🗳️

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