Ohio Insurance Laws and Regulations Practice Exam

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Prepare for the Ohio Insurance Laws Exam. Study with comprehensive materials, including flashcards and quizzes. Each question is detailed with explanations. Set yourself up for success!

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Practice this question and more.

An agent's renewal date for his/her license is on or before:

The last day of the calendar year
The last day of the licensee's birth month
One year from the date of issuance
April 15th

The correct answer is: The last day of the licensee's birth month

An agent's license renewal date falls on the last day of their birth month. This option is correct because it is the most specific and relevant option. The other options do not take into account the individual agent's specific renewal date and can result in confusion and incorrect renewal dates. Option A, the last day of the calendar year, is too broad and can vary depending on the year. Option C, one year from the date of issuance, can also result in confusion as it may not align with the agent's birth month. Option D, April 15th, does not necessarily fall within the birth month and can also vary depending on the year. Therefore, option B is the most accurate and logical choice.