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

SectionWeightObjectives
Insurance Regulation12%- Reporting convictions and disciplinary actions
- Licensing requirements
- Resident and nonresident rules
- Temporary licenses
- Assumed business names
- Renewal and nonrenewal
- Continuing education requirements
- Change of address and contact information
Life Insurance Product Knowledge- Modified Endowment Contracts and taxation
- Section 1035 exchanges and rollover rules
- Policy provisions and types
- Cash value, dividends, policy loans and surrenders
- Settlement options and beneficiary provisions

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

Falsifying the terms, benefits, advantages, or conditions of an insurance policy Is an example of which of the
following?

  • A. Forgery
  • B. Concealment
  • C. Misrepresentation
  • D. Coercion
Answer: C

As a form of level premium permanent Insurance, ordinary life Insurance accumulates a reserve that
eventually

  • A. results In a dividend payment to the policyowner.
  • B. requires mandatory cash value distributions.
  • C. ceases to earn interest or grow in a positive earnings direction.
  • D. equals the face amount of the policy.
Answer: D

An applicant would be charged a higher premium for a life Insurance policy if they were

  • A. younger.
  • B. deaf.
  • C. older.
  • D. married.
Answer: C

Deliberate withholding of material facts that would affect the validity of an Insurance policy or a claim under
the policy Is known as

  • A. slanting.
  • B. aleatory contract.
  • C. concealment.
  • D. misrepresentation.
Answer: C

Risks are generally NOT Insurable if

  • A. the policyholder has a policy from another insurer.
  • B. deductibles would be required.
  • C. there are many individuals who may also experience a similar loss.
  • D. the loss is expected.
Answer: D

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