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OH-Life-Agent-Series-11-44 Exam Dumps - Ohio Department of Insurance OHIO Life Insurance Questions and Answers

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Questions 4

Rob, Joe, and Mike are brothers who have a $60,000 "first-to-die" Joint life policy covering all three of their lives. If Joe dies first, the policy proceeds

Options:

A.

will not provide further insurance protection.

B.

must be shared equally by Rob and Joe's wife.

C.

will accumulate with interest until another brother dies and then be awarded to the surviving brother.

D.

must be awarded to Joe's estate.

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Questions 5

What type of insurance is the cheapest option to pay off a 30-year mortgage balance?

Options:

A.

Increasing term insurance.

B.

Decreasing term insurance.

C.

Level term insurance.

D.

Variable life insurance.

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Questions 6

In which of the following fixed annuity features Is the surrender value tied to Interest rates?

Options:

A.

fixed value rates

B.

variable sub accounts

C.

market value adjustments

D.

interest sensitive trigger

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Questions 7

Which of the following dividend options is taxable?

Options:

A.

1-year term.

B.

Paid up additions.

C.

Return of premium.

D.

Accumulation at interest.

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Selected OH-Life-Agent-Series-11-44 OHIO Life Insurance Questions Answers, Legit OH-Life-Agent-Series-11-44 Exam Download, Free OH-Life-Agent-Series-11-44 Ohio Department of Insurance Updates, Ohio Department of Insurance OH-Life-Agent-Series-11-44 Online Access, Ohio Department of Insurance OH-Life-Agent-Series-11-44 Actual Questions, PDF OH-Life-Agent-Series-11-44 Study Guide,
Exam Code: OH-Life-Agent-Series-11-44
Exam Name: OHIO Life Insurance Agent Series 11-44
Last Update: May 14, 2024
Questions: 105
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