OH-Life-Agent-Series-11-44 Exam Dumps - Ohio Department of Insurance OHIO Life Insurance Questions and Answers

producer

owner

Insured

assignee

Grace period

Beneficiary

Average age

Dependents

a suspension from the National Association of Securities Dealers.

the revocation of an insurance license held in another state.

the sharing of commissions with another qualified agent.

a felony criminal conviction.

reduce the policy premium.

accumulate without interest.

be paid to the policyowner in cash.

purchase additional insurance protection.

will not provide further insurance protection.

must be shared equally by Rob and Joe's wife.

will accumulate with interest until another brother dies and then be awarded to the surviving brother.

must be awarded to Joe's estate.

Increasing term insurance.

Decreasing term insurance.

Level term insurance.

Variable life insurance.

fixed value rates

variable sub accounts

market value adjustments

interest sensitive trigger

1-year term.

Paid up additions.

Return of premium.

Accumulation at interest.

Setting premium amounts.

Completing all applications and collecting initial premiums.

Declining or accepting an application.

Issuing the policy.

There will be no change in the policy other than the insured no longer has to pay the premiums on the policy.

The policy's cash value will continue to grow, but at a slower rate because the insured is no longer paying premiums.

The death benefit will be reduced by the amount of the unpaid premiums.

The insured will automatically become eligible for accelerated death benefits.