Ohio Department of Insurance OH-Life-Agent-Series-11-44 : OHIO Life Insurance Agent Series 11-44

  • Exam Code: OH-Life-Agent-Series-11-44
  • Exam Name: OHIO Life Insurance Agent Series 11-44
  • Updated: Oct 06, 2026
  • Q & A: 107 Questions and Answers

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About Ohio Department of Insurance OH-Life-Agent-Series-11-44 Exam

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Ohio Department of Insurance OH-Life-Agent-Series-11-44 Exam Syllabus Topics:

SectionWeightObjectives
Insurance Regulation12%- Resident and non-resident rules
- Disciplinary actions and penalties
- Continuing education requirements
- State and federal insurance laws
- Licensing requirements and maintenance
Types of Life Insurance Policies12%- Group and credit life insurance
- Universal and indexed universal life
- Whole life and permanent life
- Term life insurance
Policy Provisions, Options & Riders22%- Standard policy provisions
- Dividends, loans and withdrawals
- Beneficiary designations
- Common policy riders
- Nonforfeiture and settlement options
Federal Tax Considerations12%- Tax treatment of annuities
- Taxation of life insurance proceeds
- 1035 Exchanges and rollovers
- Modified Endowment Contracts (MECs)
Life Insurance Basics18%- Determining coverage amounts
- Viatical settlements and specialized plans
- Underwriting and policy issue
- Personal and business uses of life insurance
Annuities12%- Annuity principles and types
- Fixed and specialty annuities
- Immediate vs deferred annuities
- Payment options and uses
General Insurance Concepts12%- Types of insurers and market conduct
- Agent authority and responsibilities
- Elements of insurance contracts
- Risk management and insurable interest

Ohio Department of Insurance OHIO Life Insurance Agent Series 11-44 Sample Questions:

Question #1

If an agent does NOT send a refund to a policyholder within an expectable time frame, the agent may

  • A. be barred from seeking an appeal.
  • B. have his or her license suspended or revoked.
  • C. receive a deduction in commissions.
  • D. be charged interest on the refund amount.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

Bettie has a $200,000 whole life policy with a $50,000 cash value. She wishes to borrow $30,000 for the
purchase of a new van. Which of the following Is TRUE In this situation?

  • A. Whole life policies do not have any loan provisions.
  • B. This type of loan is interest free.
  • C. There is no requirement that she pay back the loan.
  • D. Loans can only be taken for hardship situations.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

Under what circumstances must an agent provide his or her business records to the superintendent of
Insurance?

  • A. by authorization from the National Association of Insurance Commissioners (NAIC)
  • B. upon request of the superintendent
  • C. upon request of an insured
  • D. under no circumstances due to privacy consideration
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

Which of the following statements BEST describes a single premium cash value policy?

  • A. It requires the policyowner to pay one premium annually.
  • B. It provides for only one premium to be paid without evidence of insurability.
  • C. It waives one future premium if the owner becomes disabled.
  • D. It requires only one payment to make the policy paid up.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

The period after an annuity Is purchased but before distributions begin Is referred to as the

  • A. build-up phase.
  • B. accumulation phase.
  • C. endowment phase.
  • D. annuity phase.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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