Ohio Life and Health Insurance Agent Exam
Need of a License: An individual who is acting as an agent or producer needs a license to sell life and health insurance in Ohio.Who Grants a License: Licenses are granted by the Ohio Department of Insurance.
Qualifications to receive a License: Individuals who wish to obtain an insurance license in the State of Ohio:
1. Be at least eighteen (18) years of age.
2. Be a resident of Ohio.
3. Complete prelicensing education requirements.
4. Pay fees and pass the examination.
5. Complete criminal background check.
6. Apply for a license.
Completing Prelicensing Education Requirements: Prelicensing education requirements have been established to ensure that license candidates have a minimum level of knowledge about the insurance marketplace and related Ohio State laws and regulations. A current list of approved pre-licensing schools is posted on ODI’s Web site at www.insurance.ohio.gov. The educational requirements may be met by either completing a 20-hour classroom course per line of authority or successfully completing an approved self-study course. Once you complete a prelicensing course, the course provider will issue a Prelicensing Education School Certificate certifying your satisfactory completion of the course. You must bring this certificate to the exam with you.
Applying for the Producer Exam: Examinations are administered by the independent testing service, PSI. Registration and examination information can be found in the Ohio Licensing Information Bulletin, which should be reviewed thoroughly prior to registering for the exam. To register and schedule an exam online, go to https://candidate.psiexams.com. You may also register and schedule your examination by phone or fax. Please see the Ohio Licensing Information Bulletin for further details. Direct all questions and requests for information about exams to:
PSI Services LLC.
3210 E Tropicana
Las Vegas, NV 89121
Telephone: 1-800-733-9267
www.psiexams.com
Test Information: Each exam will cover the Ohio statutes and general principles sections, as well as the specific content for each line. Be sure to review the appropriate exam content outline to determine what topics are covered in the comprehensive exams. At the end of your exam, your score will be shown on the screen and you will receive a printed score report. The report indicates your overall score and grade, including the numerical percentage of questions answered correctly and whether you passed or failed. The Ohio Licensing Information Bulletin contains specific content information beyond the following general outlines:
Ohio Life, Accident, and Health Insurance Agent Examination
Series 11-35 (150 questions – 2.5 hour time limit)
1.0 Insurance Regulation 5%
1.1 Licensing
1.2 State regulation
1.3 Federal regulation
2.0 General Insurance 5%
2.1 Concepts
2.2 Insurers
2.3 Agents and general rules of agency
2.4 Contracts
3.0 Life Insurance Basics 10%
3.1 Insurable interest
3.2 Personal uses of life insurance
3.3 Determining amount of personal life insurance
3.4 Business uses of life insurance
3.5 Viatical Settlements
3.6 Classes of Life Insurance Policies
3.7 Premiums
3.8 Agent responsibilities
3.9 Individual underwriting by the insurer
4.0 Life Insurance Policies 8%
4.1 Term life insurance
4.2 Whole life insurance
4.3 Flexible premium policies
4.4 Specialized policies
4.5 Group life insurance
4.6 Credit life insurance
5.0 Life Insurance Policy Provisions, Options and Riders 10%
5.1 Required provisions
5.2 Beneficiaries
5.3 Settlement options
5.4 Nonforfeiture options
5.5 Policy loan and withdrawal options
5.6 Dividend options
5.7 Disability riders
5.8 Accelerated (living) benefit provisions/riders
5.9 Riders covering additional insureds
5.10 Riders affecting the death benefit amount
6.0 Annuities 7%
6.1 Annuity principles and concepts
6.2 Required provisions
6.3 Immediate versus deferred annuities
6.4 Annuity (benefit) payment options
6.5 Annuity products
6.6 Personal Uses of annuities
6.7 Suitability in Annuity Transactions
7.0 Federal Tax Considerations for Life Insurance and Annuities 10%
7.1 Taxation of personal life insurance
7.2 Modified endowment contracts (MECs)
7.3 Taxation of non-qualified annuities
7.4 Taxation of individual retirement plans
8.0 Accident and Health Insurance Basics 5%
8.1 Definition of perils
8.2 Principal types of losses and benefits
8.3 Classes of health insurance policies
8.4 Limited policies
8.5 Common exclusions from coverage
8.6 Agent responsibilities in individual health insurance
8.7 Individual underwriting by the insurer
8.8 Considerations in replacing accident and health insurance
9.0 Life Settlement 5%
9.1 Definitions
9.2 Broker License Requirements
9.3 Intermediary Registration
9.4 Provider License
9.5 Fingerprinting Requirements
9.6 Advertising
9.7 Privacy
9.8 Disclosure to owners and insureds
9.9 Life Insurance Applications
9.10 Prohibited Practices
9.11 Stranger-originated life insurance
9.12 Penalties and civil remedies
9.13 Applicability and choice of law
9.14 General Rules
10.0 Accident and Health Insurance Basics 5%
10.1 Definitions of perils
10.2 Principal types of losses and benefits
10.3 Classes of accident and health insurance coverage Individual, sole proprietor, franchise and group
10.4 Types of Limited policies
10.5 Common exclusions from coverage
10.6 Licensee responsibilities in individual accident and health insurance
10.7 Considerations in replacing accident and health insurance
10.8 Community rating of policies
11.0 Individual Health Insurance Policy General Provisions 4%
11.1 Required provisions
11.2 Other provisions
11.3 Other general provisions
12.0 Disability Income and Related Insurance 5%
12.1 Qualifying for disability benefits
12.2 Individual disability income insurance
12.3 Group disability income insurance
12.4 Business disability insurance
13.0 Group Health and Blanket Insurance 6%
13.1 Characteristics of group insurance
13.2 Types of eligible groups
13.3 Regulation of employer group insurance plans
13.4 Types of funding and administration
13.6 Employer group health insurance
13.7 Small employer medical plans
14.0 Dental Care Plans 2%
14.1 Categories of dental treatment
14.2 Indemnity plans
14.3 Employer group dental expense
15.0 Insurance for Senior Citizens and Special Needs Individuals 9%
15.1 Medicare
15.2 Medicare supplements
15.3 Other options for individuals with Medicare
15.4 Long-term care (LTC) policies
16.0 Federal Tax Considerations for Accident and Health Insurance 4%
16.1 Personally-owned health insurance
16.2 Employer group health insurance
16.3 Medical expense coverage for sole proprietors and partners
16.4 Business disability insurance
16.5 Medical Savings Accounts (MSAs) and Health Savings Accounts (HSAs)
16.6 Health Reimbursement Accounts (HRAs)
Complete Criminal Background Check: To complete a criminal background check, applicants must use National WebCheck, a web-based fingerprinting technology that processes background checks electronically. A list of WebCheck providers approved by ODI is located at www.insurance.ohio.gov and then clicking on “ODI authorized National WebCheck locations.” When you have your fingerprints taken, be sure to inform the provider that you need the “direct copy” option.
How to Apply for the License: Immediately after you pass your exam, you may complete and submit your license application electronically using the kiosk at the exam center or you may apply outside the test center by going to www.insurance.ohio.gov and clicking on the Agent/Agency Services page. Prior to beginning the online application process, it may be helpful to review the appropriate license application on ODI’s Web site at www.insurance.ohio.gov so you are prepared to provide all required information when you begin submitting your application electronically, including the application fee. Paper applications are also available on an as-needed basis. For more information, please see the Ohio Licensing Information Bulletin.
Direct additional questions about licensure to:
Ohio Department of Insurance
License Division
50 West Town Street, Third Floor, Suite 300
Columbus, OH 43215
Phone: 614.644.2665
Web site: www.insurance.ohio.gov
License Renewal Requirements: Individual Producer licenses must be renewed every two years and there is a continuing education requirement.
Applicable Regulations: Life and health insurance agents in Ohio are regulated by the Ohio Department of Insurance.
For more information on life and health insurance agent licensing and exam preparation, go to Tests.com’s Life and Health Insurance Exam Guide.
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