1 OHIO LIFE AND HEALTH PRACTICE EXAM QUESTIONS AND ANSWERS, GRADED A+

1 OHIO LIFE AND HEALTH PRACTICE EXAM QUESTIONS AND ANSWERS, GRADED A+ Which settlement option pays a stated amount to an annuitant, but no residual value to a beneficiary? - -Life income Someone needing custodial care at home would require which type of coverage? - -Long term care coverage Which of these is not considered a supplemental health insuring corporation (HIC) service? - - Outpatient medical services An employer may qualify for health care tax credits through SHOP Marketplace if that employer has fewer than how many employees? - -25 Justin is receiving disability income benefits from a group policy paid for by his employer. How are these benefits treated for tax purposes? - -Taxable income The typical long-term care insurance policy is designed to provide a minimum of __ year(s) of coverage. - -1 Which situation would qualify an individual for receiving benefits from a qualified long-term care policy? - -Becoming cognitively impaired (mentally ill) Which of the following would be considered a possible applicant and contract policyholder for group health benefits? - -Employe