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LIFE, ACCIDENT AND HEALTH INSURANCE STATE EXAM- OH EXAM
LATEST 2026 ACTUAL EXAM WITH COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (100% VERIFIED ANSWERS)
|ALREADY GRADED A+| ||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
premiums that exceed 7.5% of an insured adjusted gross income
are tax deductible when paid for which of the following plans -
ANSWER-group disability income plan
custodial care at home would require - ANSWER-long term care
coverage
which of the following is not a power for the superintendent -
ANSWER-enact insurance legislation.
they can administer oaths, issue subpoenas and approve policy
forms
written notice for health claim must be given to the insurer ___
days after the occurrence of the loss - ANSWER-20
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which of the following would disqualify a company's retirement
plan from receiving favorable tax treatment - ANSWER-it is
temporary
who were keogh plans designed to provide pension benefits for -
ANSWER-the self employed
a field underwriters main task is - ANSWER-ensure info is
accurate and complete
When does an immediate annuity begin making payments?
After multiple premiums have been paid
After the first premium has been paid
After policy has been active for one year
After the incontestable period - ANSWER-after the first premium
is paid
how much does medicare b pay for physicians fees - ANSWER-
80%
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medicare part b pays for 80% of most doctors services, outpatient
treatments, and durable medical equipment (like oxygen or
wheelchairs)
insurable interest does not occur in which group - ANSWER-bus
owner and bus client
An insurer must furnish to a claimant forms for filing proof of loss
within ___ days upon receiving a notice of claim. - ANSWER-15
days
violation of us code 1033 who deals w it - ANSWER-us attorney
general
reduced paid-up nonforfeiture - ANSWER-policy has a decreased
face amount
eligible for part d: prescription drug coverage - ANSWER-must
have medicare coverage
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valid prescription is incorrect
the first payment for newborn accident and health coverage is due
___ days after the birth - ANSWER-31
Premium mode is a term used to describe the - ANSWER-
frequency of the premium payment
all of the following are considered appropriate uses of life
insurance for bus purposes except - ANSWER-protecting the bus
by covering entry level employees w life insurance
life insurance policy that contains a guaranteed interest rate with
the chance to earn a rate that is higher than the guaranteed rate
is called - ANSWER-universal life
`
a plan in which an employer pays insurance benefits from a fund
derived form the employers current revenues is called -
ANSWER-a self-funded plan
LIFE, ACCIDENT AND HEALTH INSURANCE STATE EXAM- OH EXAM
LATEST 2026 ACTUAL EXAM WITH COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (100% VERIFIED ANSWERS)
|ALREADY GRADED A+| ||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
premiums that exceed 7.5% of an insured adjusted gross income
are tax deductible when paid for which of the following plans -
ANSWER-group disability income plan
custodial care at home would require - ANSWER-long term care
coverage
which of the following is not a power for the superintendent -
ANSWER-enact insurance legislation.
they can administer oaths, issue subpoenas and approve policy
forms
written notice for health claim must be given to the insurer ___
days after the occurrence of the loss - ANSWER-20
,2|Page
which of the following would disqualify a company's retirement
plan from receiving favorable tax treatment - ANSWER-it is
temporary
who were keogh plans designed to provide pension benefits for -
ANSWER-the self employed
a field underwriters main task is - ANSWER-ensure info is
accurate and complete
When does an immediate annuity begin making payments?
After multiple premiums have been paid
After the first premium has been paid
After policy has been active for one year
After the incontestable period - ANSWER-after the first premium
is paid
how much does medicare b pay for physicians fees - ANSWER-
80%
,3|Page
medicare part b pays for 80% of most doctors services, outpatient
treatments, and durable medical equipment (like oxygen or
wheelchairs)
insurable interest does not occur in which group - ANSWER-bus
owner and bus client
An insurer must furnish to a claimant forms for filing proof of loss
within ___ days upon receiving a notice of claim. - ANSWER-15
days
violation of us code 1033 who deals w it - ANSWER-us attorney
general
reduced paid-up nonforfeiture - ANSWER-policy has a decreased
face amount
eligible for part d: prescription drug coverage - ANSWER-must
have medicare coverage
, 4|Page
valid prescription is incorrect
the first payment for newborn accident and health coverage is due
___ days after the birth - ANSWER-31
Premium mode is a term used to describe the - ANSWER-
frequency of the premium payment
all of the following are considered appropriate uses of life
insurance for bus purposes except - ANSWER-protecting the bus
by covering entry level employees w life insurance
life insurance policy that contains a guaranteed interest rate with
the chance to earn a rate that is higher than the guaranteed rate
is called - ANSWER-universal life
`
a plan in which an employer pays insurance benefits from a fund
derived form the employers current revenues is called -
ANSWER-a self-funded plan
