Ohio Insurance Laws and Regulations Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Conquer the Ohio Insurance Laws and Regulations Exam with our comprehensive guide. Boost your confidence and knowledge to ace the exam on your first try!

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!

Practice this question and more.

An agent is meeting with a client to determine whether an annuity would be suitable for purchase. Which of the following topics needs to be discussed with the client?

Financial objectives
Favorite color
Vacation plans
Favorite sports

The correct answer is: Financial objectives

Annuities are a financial product and as such, it is important for the agent to discuss the client's financial objectives to determine if an annuity would be a suitable purchase for them. This helps the agent understand the client's needs and goals, and make a recommendation based on their individual situation. B, C, and D are not relevant topics for this discussion and should not be discussed as they do not pertain to the purchasing of an annuity.