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.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Who is required to notify the agent in the event of appointment termination?

The state department
The insurer
The policyholder
No one

The correct answer is: The insurer

When a policyholder decides to terminate their appointment with an agent, it is the responsibility of the insurer (the company) to notify the agent. Options A and C are incorrect because they do not have the authority to terminate the appointment. As for option D, it is incorrect as the insurer is required to notify the agent when an appointment is terminated.