Ohio laws and rules exam Latest Questions With Passed Solutions
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Course
Ohio laws and rules
Institution
Ohio Laws And Rules
If an insurer refuses to pay a claim, how many days must the insured wait to take legal
action against a health insurer after submitting written proof of loss? - ️️60
A viatical settlement broker may NOT - ️️make any transactions before being
approved for a license
A non-admitted insure...
Ohio laws and rules exam
If an insurer refuses to pay a claim, how many days must the insured wait to take legal
action against a health insurer after submitting written proof of loss? - ✔️✔️60
A viatical settlement broker may NOT - ✔️✔️make any transactions before being
approved for a license
A non-admitted insurer - ✔️✔️is not afforded protection by the guaranty fund
An agent's renewal date for his/her license is on or before - ✔️✔️the last day of the
licensee's birth month
Jim recently sold his whole life insurance policy under a viatical settlement contract. The
proceeds of this contract could be subject to the claims of - ✔️✔️creditors
Informing an insured of inaccurate terms of an insurance policy is considered to be a
form of - ✔️✔️misrepresentation
The entire contract provision includes all of the following EXCEPT the - ✔️✔️changes
made by the agent
Open enrollment for Medicare Supplement coverage starts - ✔️✔️3 months before
your 65th birthday
Coverage for newborns under an accident and health plan MUST include coverage for -
✔️✔️birth abnormalities
A life insurance applicant in Ohio may backdate the application for up to __ month(s). -
✔️✔️3 months
Proof of loss on a health insurance claim must be submitted to an insurer within __ days
after the insured's date of loss - ✔️✔️90 days
A minor may receive a life insurance policy's death benefit ONLY - ✔️✔️if they have an
appointed guardian
A life insurance policyowner is allowed __ days upon policy delivery to return the policy
for a full premium refund - ✔️✔️10
An agent must notify the superintendent within __ days of a felony conviction. - ✔️✔️30
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