Free OH-Life-Agent-Series-11-44 Exam Questions - Easiest Way for Success

Prepare for the Ohio Department of Insurance OH-Life-Agent-Series-11-44 exam questions with our authentic preparation materials, including free OH-Life-Agent-Series-11-44 practice exam questions and answers. TheExamsLab provides all the support you need to succeed in the OHIO Life Insurance Agent Series 11-44 OH-Life-Agent-Series-11-44 exam. This dedication to student success is why we have the most satisfied OH-Life-Agent-Series-11-44 certification exam candidates worldwide.

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Total 106 Questions | Updated On: Sep 12, 2024

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Question 1

When a beneficiary Inherits a traditional IRA, which of the following Is TRUE about taxation when the money is withdrawn? The beneficiary pays

A : no tax.

B : an estate tax.

C : capital gains tax.

D : income tax.

Answer: D

Question 2

The proposed insured's statements on a life insurance application are considered to be

A : absolute statements.

B : misrepresentations.

C : representations

D : warranties

Answer: C

Question 3

The type of insurance used to indemnify a firm for the loss of earnings brought about by the death or disability of an officer or other significant employee Is

A : business continuation life.

B : business overhead.

C : key person.

D : employee welfare.

Answer: C

Question 4

Extended term Insurance can be selected under which whole life policy provision?

A : interest-only

B : nonforfeiture

C : cash value

D : settlement

Answer: B

Question 5

Under the children's term rider, what occurs when a child reaches the specified age? He or she

A : automatically becomes the beneficiary of the life insurance policy.

B : must show evidence of insurability to remain covered.

C : may Increase the term coverage of the rider.

D : is eliminated from coverage.

Answer: B

Page: 1 / 22

Total 106 Questions | Updated On: Sep 12, 2024

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