Life insurance ohio laws - Study guides, Class notes & Summaries

MPOETC CERTIFICATION TEST/151 QUESTIONS AND ANSWERS (A+) 1st Amendment (1791) - √Answer :Freedom of speech, religion and press and the right to petition Quiz :2nd Amendment (1791) - √Answer :Right to bear arms Quiz :3rd Amendment (1791) - √Answer :The government may not house soldiers in private homes without consent of the owner Quiz :4th Amendment (1791) - √Answer :Freedom from unreasonable search and seizures Quiz :5th Amendment (1791) - √Answer :Double jeopardy, ...

OHIO Life & Health Insurance XCEL Laws and Rules Already Passed maximum benefits upper limit of total lifetime benefits that the insurance company will pay Misrepresentation falsifying terms, benefits, advantages, or conditions of insurance policy defamation publishing information that is false and maliciously critical to an insurer and intended to cause injury An insurer can exclude coverage for a pre-existing condition on Medicare Supplement policy for up to ___ months 6 months ...

1 LAWS AND RULES OHIO LIFE & HEALTH INSURANCE XCEL REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE/ maximum benefits - -upper limit of total lifetime benefits that the insurance company will pay Misrepresentation - -falsifying terms, benefits, advantages, or conditions of insurance policy defamation - -publishing information that is false and maliciously critical to an insurer and intended to cause injury An insurer can exclude coverage for a pre-existing condition on Medicare Supplement po...

Washington Laws Chapter 12 Questions and Answers Graded A+ A producer's fiduciary responsibility includes which of the following activities? - Recording the receipt and distribution of premiums due to an insurer - Properly remunerating persons who furnish leads on prospects - Providing needed insurance to prospective insureds through any sources that are available - Guaranteeing payment to insureds for losses covered by policies that the producer sold Recording the receipt and dist...

Laws and Rules OHIO Life & Health Insurance XCEL Final Exam Prediction Questions 2024. maximum benefits - CORRECT ANSWER upper limit of total lifetime benefits that the insurance company will pay Misrepresentation - CORRECT ANSWER falsifying terms, benefits, advantages, or conditions of insurance policy defamation - CORRECT ANSWER publishing information that is false and maliciously critical to an insurer and intended to cause injury An insurer can exclude coverage for a pre-existi...

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...

1 OHIO LIFE AND HEALTH EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ Confidentiality of health information (as stated by Ohio HIC laws) applies to information supplied by - -Both by the covered individual and by providers An agent has committed an insurance crime that violates US CODE 1033 (interstate commerce). Who would be responsible for the prosecution of this crime - -US attorney general A nonparticipating policy will - -not pay dividend What is the elimination period of an individu...

All Ohio Life Insurance Exam Questions and Answers 100% Pass A condition increasing chance of loss, e.g. icy roads. - Answer- Hazard Immediate event causing loss, e.g. earthquake. - Answer- Peril Potential for loss. - Answer- Risk Presents chance for loss or gain, e.g. gambling. - Answer- Speculative Risk Insurable risk with potential for loss only, e.g. illness. - Answer- Pure Risk Criteria for insurable risk, e.g. definite and measurable loss. - Answer- Elements of Insurable Risk Cert...

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...