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Life and Health Insurance Producer Exam

Policy provisions (OH): practice questions

Our Life & Health Insurance bank has 5 questions on this topic. Here are 4 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Ohio

An Ohio life policy must become incontestable (with listed exceptions such as nonpayment of premium) after being in force during the insured's lifetime for no more than:

  1. Five years from issue
  2. One year from its date
  3. Two years from its date
  4. Three years from the first claim
Show the answer

C. Two years from its date — R.C. 3915.05(C).

Question 2 · Ohio

An Ohio sickness and accident policy is reinstated after a lapse. Sickness is covered only if it begins how long after reinstatement?

  1. More than ten days after the reinstatement date
  2. More than thirty days after the reinstatement date
  3. Immediately, as long as the premium is paid
  4. More than forty-five days after the conditional receipt
Show the answer

A. More than ten days after the reinstatement date — R.C. 3923.04(D).

Question 3 · Ohio

How long does an Ohio policyholder have to return an individual sickness and accident policy and rescind it?

  1. At least until midnight of the tenth day after receiving it
  2. Twenty days after the first premium is paid
  3. Until the first claim is submitted, or sixty days after delivery if no claim is filed
  4. Thirty days after the policy's effective date
Show the answer

A. At least until midnight of the tenth day after receiving it — R.C. 3923.31(A)(1).

Question 4 · Ohio

What minimum grace periods must an Ohio individual sickness and accident policy allow?

  1. 31 days for all modes, plus a five-day mailed notice
  2. 7 days weekly, 10 days monthly, 31 days for all others
  3. One month for every premium mode after the first premium
  4. 10 days weekly, 20 days monthly, 30 days for all others
Show the answer

B. 7 days weekly, 10 days monthly, 31 days for all others — R.C. 3923.04(C).

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