Free Life Accident and Health Insurance Basics Practice Questions
Ohio Life, Accident & Health exam (series 11-35) — 111 practice questions.
Subtopics: Employer-owned life, Insurable interest, Consideration, Concealment, Warranty, Underwriting, Premium mode, Application accuracy, Mortality and morbidity, Backdating, Insurable interest - employer, Charities as owners, Illustrations, Buyer's guide, Disclosure rule scope, Viatical definitions, Personal uses, Determining amount, Business uses, Viatical settlements, Classes of policies, Premium factors, Premium frequency, Producer responsibilities, Policy delivery, Company underwriting, Classification of risks, Legal concepts, Definitions of perils, Types of losses and benefits, Limited health policies, Replacing health insurance, Premium determination, Conditional receipt, Binding receipt, Insuring clause, Consideration clause, Free-look provision, Policy ownership, Third-party ownership, Mortality table, Level premium concept, Net amount at risk, Policy reserves, Living benefits of cash value, Attending physician statement, Inspection report, Declined risk, Flat extra premium, Replacement, Buyer's Guide, Controlling adverse selection, Premature death, Final expense insurance, Estate liquidity, Charitable uses, Survivorship policy, Juvenile insurance, Life settlement, Creditor insurable interest, Human life value, Application signatures, Third-party consent, Application changes, Incomplete application, Premium receipt, Risk classification, Substandard rating, Underwriting sources, Accelerated underwriting, Genetic information, STOLI, Needs analysis, Social Security, A&H types of losses, AD&D, Limited policies, Workers compensation, Subrogation, Health underwriting, Dependent coverage, Newborn coverage
Read the Life Accident and Health Insurance Basics study guide
Sample questions & answers
1. Before an Ohio employer may insure an employee's life for the employer's own benefit, it must obtain:
The employee's prior written consent
Ohio Rev. Code 3911.091 gives employers an insurable interest in employees but requires the prospective insured's prior written consent, with written disclosure that coverage may continue after employment ends.
2. Insurable interest in a life insurance contract must be held by:
The policyowner at the time of application
The policyowner must have insurable interest at the time of application.
3. The premium an applicant agrees to pay represents the contract's:
Consideration
Premium is the insured's consideration supporting the contract.
4. Failing to disclose a known material fact on an application is:
Concealment
Withholding a known material fact is concealment.
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Practice: Life Accident and Health Insurance Basics
Answer choices are shuffled every time, and every question comes with an explanation.
Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.
