Free Ohio Life & Health Insurance License Exam Practice Test
Realistic 50-question practice exam with instant feedback and score reports.
About this practice exam
Free Ohio Life & Health Insurance License Exam practice test with 50 realistic multiple-choice questions, instant grading, and explanations. Study with drill mode, category score reports, and a personalized review plan.
Exam format
- 50 multiple-choice practice questions
- Drill mode with instant feedback and explanations after each answer
Study tips
- Review the official exam content outline before your first practice run.
- Take the full practice exam once to establish a baseline score by category.
- Focus review on categories where you score below the passing threshold.
- Re-take missed questions in drill mode until you can explain each correct answer.
- Schedule the real exam only after consistent passing scores on practice tests.
Sample OH L&H practice questions
Try a few representative questions below. Each includes the correct answer and a short explanation — the same style you'll see in the full practice test.
- Question 1Annuities
A client is purchasing a deferred annuity with a $100,000 single premium. The annuity offers a guaranteed minimum death benefit (GMDB) of the premiums paid, and a guaranteed minimum accumulation benefit (GMAB) that guarantees the account value will never be less than the premiums paid. If the client dies after 10 years with an account value of $120,000, and the accumulated value of premiums paid is $110,000, what amount will be paid to the beneficiary?
- A.$110,000
- B.$120,000(Correct)
- C.The greater of the accumulated value or the GMAB
- D.$100,000
Explanation
The death benefit payout is the greater of the account value or the death benefit guarantee. In this case, the account value is $120,000, which is greater than the GMDB of $100,000 and the GMAB of $110,000. Therefore, the beneficiary receives $120,000.
- Question 2Unfair Trade Practices
Under Ohio law, which of the following actions by a licensed insurance agent would constitute rebating?
- A.Providing a client with a comparative rate analysis from multiple insurers.
- B.Sharing a portion of the commission with another licensed agent who referred the client.
- C.Giving a client a $50 gift card after the policy has been issued and paid for.(Correct)
- D.Offering a client a discount on the first year's premium for a life insurance policy.
Explanation
Rebating is offering something of value not specified in the policy contract as an inducement to purchase insurance. A $50 gift card given after policy issuance and payment is a prohibited inducement, as it is not part of the policy's benefits and is offered to encourage the purchase.
- Question 3Life Insurance
A 45-year-old individual purchases a $500,000 term life insurance policy with a level premium for 20 years. The annual premium is $800. If the insured dies in year 15, what is the primary financial benefit to the beneficiary?
- A.The face amount of the policy less any outstanding policy loans.(Correct)
- B.The accumulated dividends.
- C.The cash surrender value of the policy.
- D.The return of all premiums paid plus interest.
Explanation
In a term life insurance policy, the primary financial benefit to the beneficiary upon the insured's death is the face amount of the policy. If there were any outstanding policy loans, those would be deducted from the face amount before distribution.
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Frequently asked questions
How many questions are on this OH L&H practice test?
This practice test includes 50 multiple-choice questions designed to mirror the format and difficulty of the real Ohio Life & Health Insurance License Exam.
Is this OH L&H practice test free?
Yes. You can start practicing for free. Create an account to save progress, track weak categories, and retake the exam.
Do I get explanations after each question?
Yes. In drill mode you see why the correct answer is right, why distractors are wrong, and practical examples where relevant.
How should I use this practice test to prepare?
Take the full exam under timed conditions, review missed questions by category, then focus study on your weakest sections before scheduling the real exam.
Does this replace official exam materials?
No. Use this as a supplement alongside official candidate information bulletins, textbooks, and hands-on experience required for your license or certification.
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