Ohio Department of Insurance OH-Life-Agent-Series-11-44 Q&A - in .pdf

  • OH-Life-Agent-Series-11-44 pdf
  • Exam Code: OH-Life-Agent-Series-11-44
  • Exam Name: OHIO Life Insurance Agent Series 11-44
  • Updated: Sep 08, 2026
  • Q & A: 107 Questions and Answers
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  • Exam Name: OHIO Life Insurance Agent Series 11-44
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  • Updated: Sep 08, 2026
  • Q & A: 107 Questions and Answers
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Ohio Department of Insurance OH-Life-Agent-Series-11-44 Q&A - Testing Engine

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  • Exam Code: OH-Life-Agent-Series-11-44
  • Exam Name: OHIO Life Insurance Agent Series 11-44
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  • Q & A: 107 Questions and Answers
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Ohio Department of Insurance OH-Life-Agent-Series-11-44 Exam Syllabus Topics:

SectionObjectives
Ohio Insurance Law and Regulations- State licensing requirements
  • 1. Continuing education requirements
    • 2. Producer licensing rules
      - Ethics and compliance
      • 1. Unfair trade practices
        • 2. Fraud prevention
          Life Insurance Concepts- Policy provisions and riders
          • 1. Common policy riders
            • 2. Beneficiaries and ownership rights
              - Life insurance policies
              • 1. Term life insurance
                • 2. Universal life insurance
                  • 3. Whole life insurance
                    Annuities and Retirement Products- Annuity basics
                    • 1. Suitability standards
                      • 2. Fixed vs variable annuities
                        Insurance Basics- Insurance principles and risk management
                        • 1. Risk classification and types of risk
                          • 2. Insurance contract fundamentals

                            Ohio Department of Insurance OHIO Life Insurance Agent Series 11-44 Sample Questions:

                            Question #1

                            If an Insured under a life insurance policy dies with an outstanding loan balance then the death benefit
                            will

                            • A. be paid less the amount of the loan but not the interest.
                            • B. not be paid until the loan is repaid.
                            • C. be paid less the amount of the loan interest but not the principal.
                            • D. be reduced by the amount of the loan and interest owed.
                            Answer: A
                            Question #2

                            Under an executive bonus plan, premiums paid by the employer are

                            • A. reported as taxable Income to the employer.
                            • B. reported as taxable income to the employee.
                            • C. only tax deductible when the bonus is an insurance plan.
                            • D. tax deductible to both the employee and employer.
                            Answer: B
                            Question #3

                            Which of the following is a characteristic of a non-admitted Insurer?

                            • A. A non-admitted insurer is also known as a domestic insurer.
                            • B. A non-admitted insurer is required to submit forms to the Department of Insurance.
                            • C. A non-admitted insurer is not afforded protection by the guaranty fund.
                            • D. A non-admitted insurer is required to submit rates for approval.
                            Answer: C
                            Question #4

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

                            • A. accelerate the benefits under the policy.
                            • B. are subject to Federal estate tax.
                            • C. generate nontaxable interest income.
                            • D. are not treated as taxable income.
                            Answer: D
                            Question #5

                            Which of the following is a provision in an interest-sensitive life policy which allows the policyowner to
                            withdraw the policy's cash value Interest free?

                            • A. Spendthrift Clause.
                            • B. Automatic Premium Loan.
                            • C. Partial Surrender.
                            • D. Waiver of Premium.
                            Answer: C
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