Page 1 of 51
OHIO LAWS AND RULES PERTINENT TO INSURANCE
2025/2026 EXAM CURRENTLY TESTING QUESTIONS
AND DETAILED CORRECT (VERIFIED)
ANSWERS/GUARANTEED PASS/TOP-RATED A+.
LAWS AND RULES
Ace the Ohio Laws and Rules Pertinent to Insurance exam with
this state-specific guide, designed to master Ohio's unique
insurance regulations, ethical standards, and compliance
protocols. This resource delivers targeted practice questions
and clear explanations covering all major lines of authority, from
property and casualty to health and life insurance statutes.
Violations of US Code Title 18 section 1033, may result in
...... ANSWER ....... n Fine and/or imprisonment
A life insurance policyowner is allowed __ days upon policy
delivery to return the policy for a full premium paid ......
ANSWER ....... 10 days
Which of the following is required for an insurer to conduct
business in Ohio? ...... ANSWER ....... Certificate of
authority
, Page 2 of 51
An order issued by the superintendent that prohibits a
specific practice listed in the order is called ...... ANSWER
....... Cease and desist order
An insurance company advertises an accident and health
insurance product in a local OH newspaper and refers to
dollar amount benefits. This insurer must disclose which of
the following in the advertisement? ...... ANSWER .......
Any applicable benefit reduction
Long-term care policies or certificates issued in Ohio are
required to have ...... ANSWER ....... Nonforfeiture value
An agent's license has been suspended for non-renewal.
The agent may apply for reinstatement when? ......
ANSWER ....... Within 12 months of the license renewal
date
Inducement is best defined as ...... ANSWER .......
Offering to buy, sell, give, or allow a prospective insured
employment, stock or special favors in exchange for an
insurance transaction
, Page 3 of 51
Pete the agent recently had his license suspended because
he was found to be in violation of a state insurance law. Due
to this suspension, Pete may ...... ANSWER ....... Be
assessed the administrative costs sustained by the
department
An insurer may refuse to renew an employer's small group
health plan due to ...... ANSWER ....... Nonpayment of
premium
Unmarried children who are incapable of self-support and
have proof of incapacity are included under their parent's
health coverage until ...... ANSWER ....... Policy
termination
Which of the following is considered to be an act of
misrepresentation? ...... ANSWER ....... Falsifying the
terms, benefits, advantages or conditions of an
insurance policy
An agent's appointment has been terminated by the insurer.
The insurer must then notify the superintendent within __
days of the termination ...... ANSWER ....... 30 days
, Page 4 of 51
Group dental plans will frequently place a limit on annual
benefits in order to minimize ...... ANSWER ....... Adverse
selection
An insurance company has just received a request for
verification from a viatical settlement provider. The insurer is
required to respond within ___calendar days of this request
...... ANSWER ....... 30 days
Carole is licensed agent who lives in Michigan and transacts
insurance in OH. In OH, Carole is considered to be an ......
ANSWER ....... Nonresident agent
A minor may receive a life insurance policy's death benefit
only ...... ANSWER ....... If the minor has an appointed
guardian
An unauthorized insurer may place insurance business in
OH through an ...... ANSWER ....... Surplus lines agent
A policyowner who anticipates death or develops a life-
threatening condition may obtain proceeds from a life
insurance contract. These proceeds are known as ......
ANSWER ....... Accelerated benefits
OHIO LAWS AND RULES PERTINENT TO INSURANCE
2025/2026 EXAM CURRENTLY TESTING QUESTIONS
AND DETAILED CORRECT (VERIFIED)
ANSWERS/GUARANTEED PASS/TOP-RATED A+.
LAWS AND RULES
Ace the Ohio Laws and Rules Pertinent to Insurance exam with
this state-specific guide, designed to master Ohio's unique
insurance regulations, ethical standards, and compliance
protocols. This resource delivers targeted practice questions
and clear explanations covering all major lines of authority, from
property and casualty to health and life insurance statutes.
Violations of US Code Title 18 section 1033, may result in
...... ANSWER ....... n Fine and/or imprisonment
A life insurance policyowner is allowed __ days upon policy
delivery to return the policy for a full premium paid ......
ANSWER ....... 10 days
Which of the following is required for an insurer to conduct
business in Ohio? ...... ANSWER ....... Certificate of
authority
, Page 2 of 51
An order issued by the superintendent that prohibits a
specific practice listed in the order is called ...... ANSWER
....... Cease and desist order
An insurance company advertises an accident and health
insurance product in a local OH newspaper and refers to
dollar amount benefits. This insurer must disclose which of
the following in the advertisement? ...... ANSWER .......
Any applicable benefit reduction
Long-term care policies or certificates issued in Ohio are
required to have ...... ANSWER ....... Nonforfeiture value
An agent's license has been suspended for non-renewal.
The agent may apply for reinstatement when? ......
ANSWER ....... Within 12 months of the license renewal
date
Inducement is best defined as ...... ANSWER .......
Offering to buy, sell, give, or allow a prospective insured
employment, stock or special favors in exchange for an
insurance transaction
, Page 3 of 51
Pete the agent recently had his license suspended because
he was found to be in violation of a state insurance law. Due
to this suspension, Pete may ...... ANSWER ....... Be
assessed the administrative costs sustained by the
department
An insurer may refuse to renew an employer's small group
health plan due to ...... ANSWER ....... Nonpayment of
premium
Unmarried children who are incapable of self-support and
have proof of incapacity are included under their parent's
health coverage until ...... ANSWER ....... Policy
termination
Which of the following is considered to be an act of
misrepresentation? ...... ANSWER ....... Falsifying the
terms, benefits, advantages or conditions of an
insurance policy
An agent's appointment has been terminated by the insurer.
The insurer must then notify the superintendent within __
days of the termination ...... ANSWER ....... 30 days
, Page 4 of 51
Group dental plans will frequently place a limit on annual
benefits in order to minimize ...... ANSWER ....... Adverse
selection
An insurance company has just received a request for
verification from a viatical settlement provider. The insurer is
required to respond within ___calendar days of this request
...... ANSWER ....... 30 days
Carole is licensed agent who lives in Michigan and transacts
insurance in OH. In OH, Carole is considered to be an ......
ANSWER ....... Nonresident agent
A minor may receive a life insurance policy's death benefit
only ...... ANSWER ....... If the minor has an appointed
guardian
An unauthorized insurer may place insurance business in
OH through an ...... ANSWER ....... Surplus lines agent
A policyowner who anticipates death or develops a life-
threatening condition may obtain proceeds from a life
insurance contract. These proceeds are known as ......
ANSWER ....... Accelerated benefits
