Bail bonds test ACTUAL QUESTIONS
AND CORRECT ANSWERS
Presenting any information to the public that is false or untrue, deceptive or misleading is: -
CORRECT ANSWERS✅✅A - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: - CORRECT
ANSWERS✅✅Must submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: - CORRECT
ANSWERS✅✅License is null and void
Which statement is true of Build-Up Funds? - CORRECT ANSWERS✅✅The fund shall not
exceed forty percent of the premium.
A Surety Bail Bond Agent cannot deliver and execute a bond for how many days after the
license is initially issued? - CORRECT ANSWERS✅✅180 days
An Insurance license is considered inactive when the fees are paid but: - CORRECT
ANSWERS✅✅License is null and void
A non-admitted insurer is a/an - CORRECT ANSWERS✅✅A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except - CORRECT
ANSWERS✅✅Setting insurance rates
A Surety Bail Bond Agent has how many days to report to the Department of Insurance any
convictions or crimes other than minor traffic offenses? - CORRECT ANSWERS✅✅30
days
, How much continuing education must a Surety Bail Agent complete? - CORRECT
ANSWERS✅✅7 hours every year
Engaging in any fraudulent or dishonest or coercive practice in connection with the business
of
Insurance is a crime in the State of Ohio, if this crime crosses state lines, where will the
parties be
prosecuted? - CORRECT ANSWERS✅✅Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may -
CORRECT ANSWERS✅✅A - Order the insurer, agent, or agency to pay expenses incurred
by the Director for the investigation.
B - Order the person or company to cease and desist
C - Suspend or revoke their license
What are the requirements for a person to apply for a Surety Bail license? - CORRECT
ANSWERS✅✅Be a person of high character and integrity.
Who is responsible to show proof that the continuing education has been completed? -
CORRECT ANSWERS✅✅The Individual Licensee
To transact surety business in the State of Ohio, the Ohio Department of Insurance must issue
- CORRECT ANSWERS✅✅Certificate of authority
Which persons are prohibited from executing bail bonds? - CORRECT ANSWERS✅✅A -
Employees of detention centers.
B - Court employees.
Surety Bail Bond Agents shall maintain all record of Surety Bonds executed or countersigned
by the
agent for: - CORRECT ANSWERS✅✅Three years
AND CORRECT ANSWERS
Presenting any information to the public that is false or untrue, deceptive or misleading is: -
CORRECT ANSWERS✅✅A - Unfair Trade Practice
B - Misrepresentation and false advertising
To meet requirements, those who apply for a Surety bail License must: - CORRECT
ANSWERS✅✅Must submit to a written examination.
An Insurance license is considered inactive when the fees are paid but: - CORRECT
ANSWERS✅✅License is null and void
Which statement is true of Build-Up Funds? - CORRECT ANSWERS✅✅The fund shall not
exceed forty percent of the premium.
A Surety Bail Bond Agent cannot deliver and execute a bond for how many days after the
license is initially issued? - CORRECT ANSWERS✅✅180 days
An Insurance license is considered inactive when the fees are paid but: - CORRECT
ANSWERS✅✅License is null and void
A non-admitted insurer is a/an - CORRECT ANSWERS✅✅A - Domestic Insurer
B - Alien Insurer
C - Foreign Insurer
The Director of the Department of Insurance has the following duties except - CORRECT
ANSWERS✅✅Setting insurance rates
A Surety Bail Bond Agent has how many days to report to the Department of Insurance any
convictions or crimes other than minor traffic offenses? - CORRECT ANSWERS✅✅30
days
, How much continuing education must a Surety Bail Agent complete? - CORRECT
ANSWERS✅✅7 hours every year
Engaging in any fraudulent or dishonest or coercive practice in connection with the business
of
Insurance is a crime in the State of Ohio, if this crime crosses state lines, where will the
parties be
prosecuted? - CORRECT ANSWERS✅✅Federal court
If the Director of Insurance finds an agent guilty of Unfair Trade Practices, he may -
CORRECT ANSWERS✅✅A - Order the insurer, agent, or agency to pay expenses incurred
by the Director for the investigation.
B - Order the person or company to cease and desist
C - Suspend or revoke their license
What are the requirements for a person to apply for a Surety Bail license? - CORRECT
ANSWERS✅✅Be a person of high character and integrity.
Who is responsible to show proof that the continuing education has been completed? -
CORRECT ANSWERS✅✅The Individual Licensee
To transact surety business in the State of Ohio, the Ohio Department of Insurance must issue
- CORRECT ANSWERS✅✅Certificate of authority
Which persons are prohibited from executing bail bonds? - CORRECT ANSWERS✅✅A -
Employees of detention centers.
B - Court employees.
Surety Bail Bond Agents shall maintain all record of Surety Bonds executed or countersigned
by the
agent for: - CORRECT ANSWERS✅✅Three years
