Smartly Prepare Exam with Free Online OH-Life-Agent-Series-11-44 Practice Test

We offer the latest OH-Life-Agent-Series-11-44 practice test designed for free and effective online OHIO Life Insurance Agent Series 11-44 certification preparation. It's a simulation of the real OH-Life-Agent-Series-11-44 exam experience, built to help you understand the structure, complexity, and topics you'll face on exam day.

Question 1

All the following riders can Increase the death benefit amount EXCEPT

Options :

A : Cost of Living.

B : Waiver of Premium.

C : Accidental Death Rider.

D : Guaranteed Insurability.

Answer: C

Question 2

When a beneficiary Inherits a traditional IRA, which of the following Is TRUE about taxation when the money is withdrawn?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

Options :

A : no tax.

B : an estate tax.

C : capital gains tax.

D : income tax.

Answer: D

Question 3

Insurance agents have duties and responsibilities to the insured and the insurer. Which of the following responsibilities does an agent owe the insured during the policy year?

Options :

A : Help the insured file and follow up on claims.

B : Notify the insurance department when claims are paid.

C : Work with rating bureaus to establish insurer ratings.

D : Pay the insured-s premiums if they are unable to do so.

Answer: A

Question 4

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

Options :

A : interest-only

B : nonforfeiture

C : cash value

D : settlement

Answer: B

Question 5

Loans may generally be obtained against the cash value of a personal life Insurance policy and policy loan proceeds

Options :

A : accelerate the benefits under the policy.

B : are not treated as taxable income.

C : are subject to Federal estate tax.

D : generate nontaxable interest income.

Answer: B