Ohio life i Study guides, Class notes & Summaries

400 Must Have Words for the TOEFL Exam Questions with Verified Answers 2023 abandon (v.) - CORRECT ANSWER to leave; to give up Ex: To save their lives, the sailors had to ~ the sinking ship. adversely (adj.) - CORRECT ANSWER in a harmful way; negatively Ex: Excessive rainfall early in the spring can ~ affect the planting of crops. Usage Tips: ~ is often followed by affect. aggregate (adj.) - CORRECT ANSWER gathered into or amounting to a whole Ex: It is impossible to judge last ye...

WALDEN UNIVERSITY NRNP 6568 WEEK 10 ASSIGNMENT: NURSE PRACTITIONER PROFESSIONAL CAREER PLANNER Nurse Practitioner Professional Career Planner COVER LETTER Brooke Thompson 8165 New England Road Stewart, Ohio 45723 08th August 2022 OhioHealth Athens, Ohio, USA To Whom It May Concern: REF: APPLICATION FOR A FAMILY NURSE PRACTITIONER I am writing this letter in efforts to place a role within your health care system, particularly in regards to the position that is open for a Fami...

OHIO Life Insurance Exam Solved 100% Correct

What type of report provides information about an applicant's hobbies, habits, and financial status? - CORRECT ANSWER-Investigative consumer report What are the three factors that determine the premium for a particular life insurance policy? - CORRECT ANSWER-Mortality, interest, expense How does the premium mode affect the total premium paid for insurance for the year? - CORRECT ANSWER-Higher frequency of payments will result in higher overall premium Can insurers advertise the existence...

Ohio Life Insurance Exam Questions and Answers (2024 / 2025) (Verified Answers) According to the entire contract provision, the entire contract includes all of the following EXCEPT - CORRECT ANSWER The premium payment (other answers any attachments, any endorsements, and the insurance policy) In most states, the policy becomes incontestable after - CORRECT ANSWER 2 years Consideration for an insurance policy includes - CORRECT ANSWER The statements made in the application and the pr...

Insurance: - ANSWER A contract in which the insurance company agrees to indemnify the insured party against loss, damage or liability arising from an unknown event. Insurance Transfers: - ANSWER The risk of loss from an individual or business entity to an insurance company, which in turn spreads costs of unexpected losses to many individuals. Direct response marketing: - ANSWER A direct response marketing system effectively bypasses the insurance agent. Business is conducted over the phone...

OHIO LIFE INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS A life insurance company has transferred some of its risk to another insure. The insurer assuming the risk is called - correct answer all of the following are examples of business continuation plan except - correct answer Deffered Compensation All of these are valid options for an Adjustable Life Policy EXCEPT The policy's premium can be increased or decreased The policy's death benefit can be increased or decreased A no...

ohio life insurance exam Questions and Answers (2024 / 2025) (Verified Answers) Return of Premium Rider (increasing term insurance) - CORRECT ANSWER insured buys an increasing amount of term insurance that always equals the total amount of premiums paid to date Return of Cash Value Rider (increasing term insurance0 - CORRECT ANSWER Pays an amount equal to the cash value along with th

ohio life insurance exam Questions and Answers (2024 / 2025) (Verified Answers) How soon can the benefit payments begin with a deferred annuity? - CORRECT ANSWER a minimum of 12 months after date of purchase which of these is considered to be a living benefit option in a life insurance policy - CORRECT ANSWER Accelerated death benefit An example of naming a beneficiary by class would be "To the children born of my union with Ned Jackson: David Jackson, Jennifer Jackson, and Scot...

Insurance: - ANSWER A contract in which the insurance company agrees to indemnify the insured party against loss, damage or liability arising from an unknown event. Insurance Transfers: - ANSWER The risk of loss from an individual or business entity to an insurance company, which in turn spreads costs of unexpected losses to many individuals. Direct response marketing: - ANSWER A direct response marketing system effectively bypasses the insurance agent. Business is conducted over the phone...

Insurance: - ANSWER-A contract in which the insurance company agrees to indemnify the insured party against loss, damage or liability arising from an unknown event. Insurance Transfers: - ANSWER-The risk of loss from an individual or business entity to an insurance company, which in turn spreads costs of unexpected losses to many individuals. Direct response marketing: - ANSWER-A direct response marketing system effectively bypasses the insurance agent. Business is conducted over the phone...