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Ohio Department of Insurance OH-Life-Agent-Series-11-44 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Life Insurance Concepts | - Life insurance policies
|
| Insurance Basics | - Insurance principles and risk management
|
| Annuities and Retirement Products | - Annuity basics
|
| Ohio Insurance Law and Regulations | - Ethics and compliance
|
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
Correct Answer: A 🗳️
Something that increases the probability of loss is called
- A. an exposure.
- B. a peril.
- C. a risk.
- D. a hazard.
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.
Correct Answer: C 🗳️
An agent's actions or deeds demonstrate what kind of authority?
- A. delegated
- B. express
- C. inherent
- D. apparent
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.
Correct Answer: D 🗳️
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