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OH-Life-Agent-Series-11-44 Exam Dumps : OHIO Life Insurance Agent Series 11-44

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OHIO Life Insurance Agent Series 11-44 Questions and Answers

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Question 1

Statements by an applicant concerning personal health history, family health history, occupation, and hobbies are referred to as

Options:

A.

depictions.

B.

certifications.

C.

representations.

D.

personal characteristics.

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Question 2

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.

Question 3

Reinsurers are a specialized branch of the insurance industry because they

Options:

A.

provide insurance to otherwise uninsurable individuals.

B.

provide alternative means.

C.

Insure insurers.

D.

keep premiums low.

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