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| Section | Objectives |
|---|---|
| Topic 1: Insurance Basics | - Insurance principles and risk management
|
| Topic 2: Ohio Insurance Law and Regulations | - State licensing requirements
|
| Topic 3: Annuities and Retirement Products | - Annuity basics
|
| Topic 4: Life Insurance Concepts | - Life insurance policies
|
In Ohio, an agent must be appointed by the Insurer within how many days from the date the agency contract Is
executed, or the first Insurance application Is submitted?
Correct Answer: B 🗳️
The only beneficiary named in a life insurance policy died before the Insured. The policyowner did not name a
new beneficiary. When a claim is filed, the death benefit would be paid to the
Correct Answer: C 🗳️
Who can surrender an annuity during the accumulation period?
Correct Answer: B 🗳️
The grace period is a period of time
Correct Answer: A 🗳️
Which of the following individuals has the right to name a beneficiary?
Correct Answer: B 🗳️
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