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Ohio Department of Insurance OH-Life-Agent-Series-11-44 Exam With Confidence Using Practice Dumps

Exam Code:
OH-Life-Agent-Series-11-44
Exam Name:
OHIO Life Insurance Agent Series 11-44
Certification:
OHIO Life Insurance
Vendor:
Ohio Department of Insurance
Questions:
105
Last Updated:
Dec 4, 2024
Exam Status:
Stable
Ohio Department of Insurance OH-Life-Agent-Series-11-44

OH-Life-Agent-Series-11-44: OHIO Life Insurance Exam 2024 Study Guide Pdf and Test Engine

Are you worried about passing the Ohio Department of Insurance OH-Life-Agent-Series-11-44 (OHIO Life Insurance Agent Series 11-44) exam? Download the most recent Ohio Department of Insurance OH-Life-Agent-Series-11-44 braindumps with answers that are 100% real. After downloading the Ohio Department of Insurance OH-Life-Agent-Series-11-44 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the Ohio Department of Insurance OH-Life-Agent-Series-11-44 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the Ohio Department of Insurance OH-Life-Agent-Series-11-44 exam on your first attempt, we have compiled actual exam questions and their answers. 

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OHIO Life Insurance Agent Series 11-44 Questions and Answers

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Question 1

Rob, Joe, and Mike are brothers who have a $60,000 "first-to-die" Joint life policy covering all three of their lives. If Joe dies first, the policy proceeds

Options:

A.

will not provide further insurance protection.

B.

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

C.

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

D.

must be awarded to Joe's estate.

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Question 2

An Insured owns a whole life policy that has accumulated cash value. Which of the following statements Is true about the policy's cash value?

Options:

A.

The policy's cash value is viewed as investment growth and therefore subject to taxation for each calendar year.

B.

The growth of the policy's cash value Is not subject to income tax while the policy Is in force.

C.

It is subject to fluctuations of the company's overall performance.

D.

The cash value is not guaranteed.

Question 3

Under an executive bonus plan, premiums paid by the employer are

Options:

A.

reported as taxable income to the employee.

B.

tax deductible to both the employee and employer.

C.

reported as taxable Income to the employer.

D.

only tax deductible when the bonus is an insurance plan.

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