[UPDATED 2024] OH-Life-Agent-Series-11-44 dumps Free Test Engine Verified By Certified Experts [Q30-Q51]

Q30. Reinsurers are a specialized branch of the insurance industry because they

Q31. An agent’s underwriting duties Include which of the following?

Q32. The structure of a credit life insurance policy does NOT allow for

Q33. Which of the following policies allows the policyowner to change two policy features?

Q34. The most common use of a group life insurance policy is to insure

Q35. In reference to life Insurance in contract law, a person MOST likely will have an insurable interest in insuring
a person’s life If

Q36. All of the following statements regarding a group annuity are correct, EXCEPT

Q37. An insured wants to purchase a policy with three key elements: flexible premium, death benefit, and the choice
of mutual funds where the cash value will be Invested In a separate account. The Insured should purchase

Q38. What law do all Insurers and their agents need to comply with In regards to Information being obtained from a
third party concerning the applicant?

Q39. Rob, Joe, and Mike are brothers who have a $60,000 “first-to-die” Joint life policy covering all three of their
lives. If Joe dies first, the policy proceeds

Q40. The PRIMARY reason for purchasing life Insurance Is to provide

Q41. After the hearing, if the insurance superintendent has determined a licensee has committed a violation of Ohio
Insurance Laws, what can the insurance superintendent do?

Q42. Which of the following is TRUE of a payor benefit rider?

Q43. All the following riders can Increase the death benefit amount EXCEPT

Q44. Which of the following is a provision in an interest-sensitive life policy which allows the policyowner to
withdraw the policy’s cash value Interest free?

Q45. Survivorship life insurance policies are useful in estate planning because they

Q46. Bettie has a $200,000 whole life policy with a $50,000 cash value. She wishes to borrow $30,000 for the
purchase of a new van. Which of the following Is TRUE In this situation?

Q47. An agent’s actions or deeds demonstrate what kind of authority?

Q48. While texting and driving, an Insured loses control of the vehicle and hits a tree. The resulting collision Is

Q49. Upon annuitization, which of the following will have the HIGHEST monthly payout?

Q50. Competency of an Individual to enter into an Insurance contract is determined based on

Q51. Each of the following are characteristics of a fixed annuity contract EXCEPT