Ohio Insurance Laws and Regulations Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

Image Description

Question: 1 / 400

An example of an unfair claims settlement practice is?

Providing clear and timely communication

Failing to promptly provide reasonable explanations for the denial of claims

An example of an unfair claims settlement practice is failing to promptly provide reasonable explanations for the denial of claims. This means that the insurer is not properly communicating the reasons for denying a claim, which can be unfair to the policyholder. The other options are incorrect because they all involve prompt and clear communication, either through payment or explanation, which would not be considered an example of an unfair practice.

Get further explanation with Examzify DeepDiveBeta

Promptly paying claims once evidence is verified

Acknowledging claim notifications promptly

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy