OH P&C study guide
OH P&C · Work through your exam, one topic at a time.
The Ohio Property & Casualty agent license is the credential that allows an individual to sell, solicit, and negotiate property and casualty insurance products in Ohio under an insurer appointment. It is designed for people entering or advancing in the insurance sales and service field - career changers, agency staff, customer service representatives moving into licensed roles, and producers adding a line of authority. Candidates must be licensed by the Ohio Department of Insurance, and licensing is administered through ODI's Agents & Agencies resources and the state's testing vendor. The exam is multiple choice and is organized around four content areas: Ohio insurance laws, rules and regulations; general insurance concepts; property insurance; and casualty insurance. Topics on this exam: Ohio Insurance Laws, Rules and Regulations, General Insurance Concepts, Property Insurance, and Casualty Insurance. The OH P&C study guide has 4 sections and about 1,111 words.
01Ohio Insurance Laws, Rules and Regulations
The Ohio Department of Insurance, headed by the Superintendent of Insurance, licenses producers and enforces unfair trade practice rules. A license is personal; an appointment is the insurer's authorization for that producer to act for it.
266 words, about 1 min02General Insurance Concepts
Risk is uncertainty about loss; a peril is the cause of loss (fire, wind); a hazard is a condition that increases the chance or severity (clutter, icy steps). Moral hazard involves dishonesty; morale hazard is carelessness.
275 words, about 1 min03Property Insurance
Homeowners policies combine property and liability. Coverage A is the dwelling; B other structures; C personal property; D loss of use; E personal liability; F medical payments.
278 words, about 1 min04Casualty Insurance
Casualty insurance pays third-party sums the insured is legally obligated to pay for bodily injury or property damage. It does not pay the insured's own injuries; workers compensation handles employee injuries.
292 words, about 1 min