Free Online Ohio Department of Insurance OH-Life-Agent-Series-11-44 Practice Test

Prepare Your Ohio Department of Insurance OH-Life-Agent-Series-11-44 Exam Questions with Free online OH-Life-Agent-Series-11-44 Practice Test. Get Brilliant OHIO Life Insurance Agent Series 11-44 Exam Results with Valid OH Life Agent Series 11 44 Exam Dumps.

Page: 1 / 22

Total 106 Questions | Updated On: May 13, 2024

Add To Cart

Question 1

The type of insurance used to indemnify a firm for the loss of earnings brought about by the death or disability of an officer or other significant employee Is

A : business continuation life.

B : business overhead.

C : key person.

D : employee welfare.

Answer: C

Question 2

Extended term Insurance can be selected under which whole life policy provision?

A : interest-only

B : nonforfeiture

C : cash value

D : settlement

Answer: B

Question 3

Which of the following policies allows the policyowner to change two policy features?

A : Credit Life.

B : Modified Life.

C : Adjustable Life.

D : Term Life.

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 not treated as taxable income.

C : are subject to Federal estate tax.

D : generate nontaxable interest income.

Answer: B

Question 5

When a beneficiary Inherits a traditional IRA, which of the following Is TRUE about taxation when the money is withdrawn? The beneficiary pays

A : no tax.

B : an estate tax.

C : capital gains tax.

D : income tax.

Answer: D

Page: 1 / 22

Total 106 Questions | Updated On: May 13, 2024

Add To Cart