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Exam (elaborations)

Ohio Insurance Exam

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Ohio Insurance Exam Revised. All of these are valid options for an Adjustable Life Policy Except? - CORRECT ANSWER a nonforfeiture option can be used to increase the death benefit Which disability policy provision would address any concerns of the value of the benefits decreasing over time? - CORRECT ANSWER Cost of living benefit Every admitted insurance company in Ohio must have their financial affairs examined by the superintendent at least every___ years? - CORRECT ANSWER 3 The conversion privilege under a group life plan allows an employee to convert to a(n)? - CORRECT ANSWER individual plan upon employment termination What is the primary factor that determines the befits paid under a disability income policy? - CORRECT ANSWER Wages Which of the following provides Medicare supplements policies? - CORRECT ANSWER Private insurance companies A life insurance applicant in Ohio may backdate the application for up to ___ Month(s) - CORRECT ANSWER 3 According to HIPAA when an insured individual leaves an employer and immediately begins working for a new company that offers group health insurance the individual - CORRECT ANSWER is eligible for coverage upon hire Which of the following is not typically included under "hospital care" for most health insuring corporation (HIC) plans? - CORRECT ANSWER Private duty nursing The waiting period for a disability insurance policy - CORRECT ANSWER excludes payments for a short term illness or injury Paul is an employee who caught a disease unique to the trade in which he was exposed to. Paul has a(n) - CORRECT ANSWER occupational disease In an insurance contract the insurer is the only party legally obligated to perform. Because of this an insurance contract is considered - CORRECT ANSWER unilateral David submits a $500 claim for medical expenses. There is a past-due amount owed for insurance premiums of $200. As a result, the insurer only pays $300 for the claim. This deduction came as a result of which provision? - CORRECT ANSWER unpaid provision XYZ company has applied for group health insurance for its employees. What information would the insurer's underwriters likely use to determine the appropriate coverage and the final premium rte given to the group? - CORRECT ANSWER Experience rating The double indemnity provision in a life insurance provision in a life insurance policy pertains to an insured's death caused by a(n) - CORRECT ANSWER accident All of these are settlement options for life insurance policies except - CORRECT ANSWER Extended term If an employee contributes 50% toward the disability plan premium provided by an employer what would be considered the taxable income of a $1,000 monthly disability benefit? - CORRECT ANSWER $500

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Institution
Ohio
Module
Ohio

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Ohio Driving Test Advanced.
When does your Ohio driver's license expire? - CORRECT ANSWER Every four years on your birthday



Slow moving traffic must use which lane when driving on the roadway? - CORRECT ANSWER Right



When an emergency vehicle approaches from in front or behind you, what should you do? - CORRECT
ANSWER Pull over to the right edge of the roadway and stop



Which class of license-A, B, C, or D-is intended for a non-commercial operator driver license? - CORRECT
ANSWER D



What is the maximum distance you can park from the curb? - CORRECT ANSWER 12 inches



What is the correct way to make a left turn where traffic is restricted to one direction on one or more of
the roads entering the intersection? - CORRECT ANSWER From the extreme left-hand lane, turning into
the lane farthest left



Which parts of the road are more likely to freeze first in cold weather? - CORRECT ANSWER Shaded
spots, Bridges, and Underpasses



Who has the right-of-way in the following scenario: A car going straight ahead or the one that wants to
make a left hand turn? - CORRECT ANSWER The vehicle going straight



What is the hand signal for stop or slow down? - CORRECT ANSWER Put left hand and arm down,
keeping hand and arm still

, When a stop is required at an intersection and there are no pavement markings to indicate a stop line or
crosswalk, which of the following is the appropriate place to stop? - CORRECT ANSWER At a point
nearest the intersecting roadway where the driver can see approaching traffic on the intersecting
roadway without entering the roadway



What is the hand signal for a left turn? - CORRECT ANSWER Put left hand and arm straight out, keeping
hand and arm still



What should you do when a school bus is stopped on a road that has four or more lanes? - CORRECT
ANSWER Yield to vehicles already on the main road and to pedestrians on the main road



What should you do when you see a school bus traveling with its lights flashing? - CORRECT ANSWER
Proceed with caution and prepare to stop



What must you do when you are entering a road from a driveway, alley, or roadside? - CORRECT
ANSWER Yield to vehicles already on the main road and to pedestrians on the main road



What is the "three-second rule"? - CORRECT ANSWER The amount of time you should allow between
you and another vehicle for safety



When driving, in which of the following situations must you yield the right of way? - CORRECT ANSWER -
At a yield sign

-Approaching a pedestrian in a marked or unmarked crosswalk

-Crossing or entering a highway from a smaller, less-traveled road

-To oncoming traffic when making a left turn



When passing another vehicle you should return to the right lane before coming within how many feet
of any approaching vehicle? - CORRECT ANSWER 200 feet

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Institution
Ohio
Module
Ohio

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Uploaded on
December 3, 2024
Number of pages
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Written in
2024/2025
Type
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