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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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.