Free Ohio Department of Insurance OH-Life-Agent-Series-11-44 Exam Dumps Questions & Answers

Which of the following is a life insurance contract written on the life of an individual?

• A.Survivorship Policy.
• B.Joint Life Contract.
• C.Insurance.
• D.Single-Life Insurance.

Something that increases the probability of loss is called

• A.a risk.
• B.an exposure.
• C.a peril.
• D.a hazard.

Generally, rates charged for Insurance may NOT be

• A.different for persons withdiffering risk profiles.
• B.cost prohibitive.
• C.discriminatory.
• D.excessive, inadequate, or unfairly discriminatory.

In which of the following dividend options would an Insurer invest the policyowners money and add interest
earnings to the Initial amount of the dividends as such earnings accrue?

• A.Cash Dividend Option.
• B.Reduced Premium Dividend Option.
• C.Paid-up Additions Option.
• D.Accumulation at Interest Option.

To avoid tax consequences, a rollover from a Traditional IRA to another IRA MUST be done within

• A.60 days.
• B.45 days.
• C.90 days.
• D.30 days.