Ohio Insurance Laws and Regulations Practice Exam

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Study for the Ohio Insurance Laws and Regulations Exam. Prepare with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

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

  1. The state department

  2. The insurer

  3. The policyholder

  4. 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.

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