OHIO Life Insurance Agent Series 11-44 Version: Demo [ Total Questions: 10] Web: www.dumpscafe.com Email: support@dumpscafe.com Ohio Department of Insurance OH-Life-Agent-Series-11-44 IMPORTANT NOTICE Feedback We have developed quality product and state-of-art service to ensure our customers interest. If you have any suggestions, please feel free to contact us at feedback@dumpscafe.com Support If you have any questions about our product, please provide the following items: exam code screenshot of the question login id/email please contact us at and our technical experts will provide support within 24 hours. support@dumpscafe.com Copyright The product of each order has its own encryption code, so you should use it independently. Any unauthorized changes will inflict legal punishment. We reserve the right of final explanation for this statement. Ohio Department of Insurance - OH-Life-Agent-Series-11-44 Pass Exam 1 of 4 Verified Solution - 100% Result A. B. C. D. A. B. C. D. A. B. C. D. A. Question #:1 The premium mode defines the premium limit. premium amount. frequency of the premium payment. method of premium payment. Answer: C Question #:2 The PRIMARY reason for purchasing life Insurance Is to provide death benefits. college tuition. retirement Income. safety of principal. Answer: A Question #:3 An insured owns a whole life insurance policy on himself. He would also like coverage for his minor son and /or daughter. One way the Insured can accomplish this goal Is to purchase a child term rider. family income rider. famitp maintenance rider. guaranteed insurability rider. Answer: C Question #:4 Generally, rates charged for Insurance may NOT be Ohio Department of Insurance - OH-Life-Agent-Series-11-44 Pass Exam 2 of 4 Verified Solution - 100% Result A. B. C. D. A. B. C. D. A. B. C. D. A. B. C. discriminatory. cost prohibitive. excessive, inadequate, or unfairly discriminatory. different for persons withdiffering risk profiles. Answer: C Question #:5 As a form of level premium permanent Insurance, ordinary life Insurance accumulates a reserve that eventually equals the face amount of the policy. results In a dividend payment to the policyowner. ceases to earn interest or grow in a positive earnings direction. requires mandatory cash value distributions. Answer: A Question #:6 Which nonforfeiture option allows the policyowner to purchase less coverage for life? Reduced Paid-Up Insurance. Cash Surrender Value. Settlement Value. Extended Term. Answer: A Question #:7 Contributions made to a Roth IRA are partially tax deductible. not tax deductible. only tax deductible at age 50 or older. Ohio Department of Insurance - OH-Life-Agent-Series-11-44 Pass Exam 3 of 4 Verified Solution - 100% Result D. A. B. C. D. A. B. C. D. A. B. C. D. tax deductible at retirement. Answer: B Question #:8 An agent qualified to sell variable products in Ohio must report each of the following to the superintendent of Insurance EXCEPT a suspension from the National Association of Securities Dealers. the revocation of an insurance license held in another state. the sharing of commissions with another qualified agent. a felony criminal conviction. Answer: C Question #:9 What type of insurance is the cheapest option to pay off a 30-year mortgage balance? Increasing term insurance. Decreasing term insurance. Level term insurance. Variable life insurance. Answer: B Question #:10 Which of the following describes the process of selection, classification, and rating of risks? underwriting cost containment adverse selection claims experience Answer: A Ohio Department of Insurance - OH-Life-Agent-Series-11-44 Pass Exam 4 of 4 Verified Solution - 100% Result About dumpscafe.com dumpscafe.com was founded in 2007. We provide latest & high quality IT / Business Certification Training Exam Questions, Study Guides, Practice Tests. We help you pass any IT / Business Certification Exams with 100% Pass Guaranteed or Full Refund. Especially Cisco, CompTIA, Citrix, EMC, HP, Oracle, VMware, Juniper, Check Point, LPI, Nortel, EXIN and so on. View list of all certification exams: All vendors We prepare state-of-the art practice tests for certification exams. You can reach us at any of the email addresses listed below. Sales: sales@dumpscafe.com Feedback: feedback@dumpscafe.com Support: support@dumpscafe.com Any problems about IT certification or our products, You can write us back and we will get back to you within 24 hours.