Ohio accident and health - Study guides, Class notes & Summaries

1 OHIO HEALTH INSURANCE EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+ ACCIDENTAL AND HEALTH INSURANCE BASICS STARTS: 15% - -... Two major perils under a health insurance policy: - -Policies may cover both accident and sickness or accident only. Accidental bodily injury: - -An unforeseen and unintended injury that resulted from an accident rather than a sickness. Sickness: - -Normally defined as an illness, which first manifests itself while the policy is in force. This is where a major...

Ohio Laws and Rules Questions and Answers Already Passed Ohio requires a licensee to complete _____ hours of continuing education hours each licensing period. 24 hours of continuing education credit hours every 2 years. When an agent is replacing an existing ordinary life insurance policy, the agent must take all of the following actions EXCEPT: Obtain the beneficiary's signature. -Exceptions include: Provide the applicant with a copy of the sales proposal -Submit to the agent's...

XCEL OHIO LIFE AND HEALTH STATE PRACTICE EXAM 2024 Which of these describes the result of a modified endowment contract that failed to meet the seven-pay test? - correct answer Pre-death distributions are typically taxable. A medical provider that accepts Medicare Assignment must - correct answer accept payment based upon a defined Medicare schedule as payment in full. Which of the following statements regarding Group Disability Income Insurance is TRUE? - correct answer It provides ...

1 XCEL OHIO LIFE AND HEALTH EXAM STUDY QUESTIONS AND ANSWERS, 100% ACCURATE, RATED A+ completely and permanently disabled - -A waiver of premium rider allows an insured to waive premium payments if the insured is A paid premium - -Which of the following is an example of the insured's consideration? private duty nursing - -which of the following is NOT typically under "Hospital care" for most health insuring corporation 10 - -A life insurance policyowner is allowed __ days upon polic...

Ohio life and Health Insurance Practice Final Exam Questions with accurate answers. Graded A. 2022/2023. Rated A Document Content and Description Below Ohio life and Health Insurance Practice Final Exam Questions with accurate answers. Graded A. 2022/2023. Rated A Premiums paid that exceed 7 1/2% of an insured's Adjusted Gross Income (AGI) are tax-deductible when paid for which of the following plans? - Qualified Long-Term Care plan All _____ policies must be guaranteed renewable. - long-term...

life, accident and health insurance state exam- Ohio 2024 Latest Review A person who is a nonsmoker, of average weight and in excellent health would most likely be in which risk classification? - CORRECT ANSWER-preferred Preferred risk policies with reduced premiums are issued by insurance companies bc the insured has - CORRECT ANSWER-better than average mortality The waiver of premium does NOT include which provision? - CORRECT ANSWER-Al future premiums are waived if the insured reco...

Life and Health Insurance - Ohio Licensing Exam Questions & Answers 2023-24 Absolute Assignment - ANSWER-The assignment by the policy owner of all control and rights to a third party. This differs from collateral assignment, which allows all the rights and control to revert to the owner once a loan is paid off Accident - ANSWER-A fortuitous event; unforeseen and unintended Accidental Death Insurance - ANSWER-A form of health insurance that provides payment if death of the insured resu...

1 OHIO LIFE AND HEALTH PRACTICE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ Request for verification from a viatical settlement provider - -needs to respond within 30 calendar days what does medical Part D cover? - -Part D covers prescription drugs With violation of a state insurance law - -may be assessed the administrative costs sustained by the department over the course of the year, which premium payment mode is the most expensive? - -monthly when screening an applicant for HIV, ...

LIFE, ACCIDENT AND HEALTH INSURANCE OHIO EXAM QUESTIONS Which statement BEST describes the tax responsibilities under a Business Overhead policy? a. Premiums are deductible, benefits are deductible. b. Premiums are deductible, benefits are taxed. c. Premiums are not deductible, expenses are deductible. d. Premiums are not deductible, benefits are taxed. - CORRECT ANSWER -Premiums are deductible, benefits are taxed The Group Insurance provision that prevents two insurers from payi...