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Life and Health Insurance Producer Exam

Appointments (OH): practice questions

Our Life & Health Insurance bank has 4 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Ohio

An insurer terminates its appointment of an Ohio agent. Within what time must it notify the superintendent?

  1. Within thirty days after the termination's effective date
  2. Within ten days, and only if the termination was for cause
  3. Before the termination takes effect, by certified mail
  4. Within ninety days, in the insurer's annual statement
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A. Within thirty days after the termination's effective date — R.C. 3905.21(A).

Question 2 · Ohio

May an Ohio agent pay an unlicensed person for referring a prospect?

  1. Yes, if capped at ten percent of the commission
  2. No; any payment to an unlicensed person for a referral is prohibited
  3. Yes, if it is a fixed amount per referral that does not depend on a purchase
  4. Only if the unlicensed person is a relative of the licensed agent
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C. Yes, if it is a fixed amount per referral that does not depend on a purchase — R.C. 3905.18(D).

Question 3 · Ohio

By appointing an agent, what does an insurer certify to the Ohio superintendent?

  1. That the agent has completed the insurer's product training on every line
  2. That the agent's criminal records check was performed by the insurer
  3. That the agent is competent, financially responsible, and suitable to represent it
  4. That the insurer accepts liability for any civil penalties the superintendent assesses against the agent
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C. That the agent is competent, financially responsible, and suitable to represent it — R.C. 3905.20(B)(2).

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