Ohio Insurance Laws and Regulations Practice Exam

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Prepare for your Ohio Insurance Laws and Regulations Exam with comprehensive multiple-choice questions that challenge your knowledge and ensure you understand the rules. Our platform provides explanations and study aids to help you excel.

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When is an agent license NOT required?

  1. Selling insurance

  2. Referring insurance

  3. Consulting on insurance

  4. Managing insurance claims

The correct answer is: Referring insurance

An agent license is not required when an individual is merely referring insurance to a client or customer. However, a license is required when selling insurance, consulting on insurance, or managing insurance claims. Referring insurance is simply directing someone to an insurance company or agent, rather than actually engaging in the sale or consulting of insurance products. Therefore, an agent license is not necessary for this type of activity.