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Ohio Department of Insurance OH-Life-Agent-Series-11-44 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Insurance Regulation | 12% | - Continuing education requirements - Temporary licenses - Change of address and contact information - Licensing requirements - Resident and nonresident rules - Reporting convictions and disciplinary actions - Renewal and nonrenewal - Assumed business names |
| Topic 2: Life Insurance Product Knowledge | - Modified Endowment Contracts and taxation - Cash value, dividends, policy loans and surrenders - Section 1035 exchanges and rollover rules - Settlement options and beneficiary provisions - Policy provisions and types |
Ohio Department of Insurance OHIO Life Insurance Agent Series 11-44 Sample Questions:
What is the approach to assessing the consumer's need for life insurance that focuses on an individual's future
stream of income?
- A. Human Life Value approach
- B. Return of Investment approach
- C. Needs approach
- D. Affordability approach
Which of the following retirementplans will allow for a nonworking spouse to set up a separate account and
make contributions based on the working spouse's Income?
- A. SIMPLE IRA
- B. IRA
- C. SEP IRA
- D. 401(k)
An Individual buys an annuity that will pay her spouse an income for 20 years. If the spouse dies within that
time, the Income will be paid to their children for the remainder of the period. What kind of annuity did the
Insured buy?
- A. Temporary annuity certain
- B. Joint life annuity
- C. Joint life and survivorship annuity
- D. Life annuity with period certain
Kelvin is receiving tax deferred growth until retirement. In what phase would Kelvin's annuity be?
- A. Annuity period.
- B. Payout period.
- C. Accumulation period.
- D. Nonforfeiture period.
All the following riders can Increase the death benefit amount EXCEPT
- A. Waiver of Premium.
- B. Guaranteed Insurability.
- C. Accidental Death Rider.
- D. Cost of Living.








