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Ohio Department of Insurance Updated OH-Life-Agent-Series-11-44 Exam Questions and Answers by crystal

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Ohio Department of Insurance OH-Life-Agent-Series-11-44 Exam Overview :

Exam Name: OHIO Life Insurance Agent Series 11-44
Exam Code: OH-Life-Agent-Series-11-44 Dumps
Vendor: Ohio Department of Insurance Certification: OHIO Life Insurance
Questions: 105 Q&A's Shared By: crystal
Question 28

Which of the following is a life insurance contract written on the life of an individual?

Options:

A.

Insurance.

B.

Survivorship Policy.

C.

Joint Life Contract.

D.

Single-Life Insurance.

Discussion
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Question 29

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

Options:

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.

Discussion
Question 30

What does a limited payment whole life policy provide?

Options:

A.

Protection to age 65.

B.

Life time protection.

C.

A lower premium.

D.

Pure protection.

Discussion
Question 31

Which of the following plans will provide a death benefit to the policy's beneficiary Income tax free?

Options:

A.

Annuity.

B.

Whole Life.

C.

Qualified Retirement.

D.

Tax Sheltered Annuity.

Discussion
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