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Ohio Life insurance Exam Questions & Answers 2023-24 A life insurance company has transferred some of its risk to another insure. The insurer assuming the risk is called - ANSWER- all of the following are examples of business continuation plan except - ANSWER-Deffered Compensation All of these are valid options for an Adjustable Life Policy EXCEPT The policy's premium can be increased or decreased The policy's death benefit can be increased or decreased A nonforfeiture option ...

OHIO LIFE INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS To qualify for appointment of agent - correct answer 18 YOA, US citizenship not required, no minimum residency Original certificate good for.... - correct answer 180 days Renewal for license - correct answer beinnially on birth month, $5 fee Types of risk - correct answer Pure risk - covered by insurance Speculative risk - not covered (gambling) How to handle risk - correct answer avoid it retain it - self insurance redu...

Which of the following is usually the owner of the annuity? - CORRECT ANSWER-The annuitant Which of the following is not true of the straight life income option for annuities? - CORRECT ANSWER-A beneficiary will receive any balance of the annuity upon the annuitant's death. When an insurance policy is taken out, if the owner of the policy is someone other than the actual insured, the owner must be able to prove: - CORRECT ANSWER-That he/she has an insurable interest Tax-sheltered annuit...

1 OHIO LIFE INSURANCE EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE/ A life insurance company has transferred some of its risk to another insure. The insurer assuming the risk is called - - all of the following are examples of business continuation plan except - -Deffered Compensation All of these are valid options for an Adjustable Life Policy EXCEPT The policy's premium can be increased or decreased The policy's death benefit can be increased or decreased A nonforfeiture option ...

OHIO LIFE INSURANCE EXAM

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A life insurance company has transferred some of its risk to another insure. The insurer assuming the risk is called - ANSWER all of the following are examples of business continuation plan except - ANSWER Deffered Compensation All of these are valid options for an Adjustable Life Policy EXCEPT The policy's premium can be increased or decreased The policy's death benefit can be increased or decreased A nonforfeiture option can be used to increase the death benefit The policy's ...

WALDEN UNIVERSITY NRNP 6568 WEEK 10 ASSIGNMENT: NURSE PRACTITIONER PROFESSIONAL CAREER PLANNER Nurse Practitioner Professional Career Planner COVER LETTER Brooke Thompson 8165 New England Road Stewart, Ohio 45723 08th August 2022 OhioHealth Athens, Ohio, USA To Whom It May Concern: REF: APPLICATION FOR A FAMILY NURSE PRACTITIONER I am writing this letter in efforts to place a role within your health care system, particularly in regards to the position that is open for a Fami...

Study Guide for OHIO Life Insurance Exam 2024 Final Q&A Insurance: - CORRECT ANSWER-A contract in which the insurance company agrees to indemnify the insured party against loss, damage or liability arising from an unknown event. Insurance Transfers: - CORRECT ANSWER-The risk of loss from an individual or business entity to an insurance company, which in turn spreads costs of unexpected losses to many individuals. Direct response marketing: - CORRECT ANSWER-A direct response marketin...

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