Ohio Insurance Laws and Regulations Practice Exam

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Prepare for the Ohio Insurance Laws and Regulations Exam. Dive into essential topics with detailed practice questions designed to enhance your knowledge and readiness. Ace your exam and ensure your success in the insurance field!

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Under a group health policy issued for XYZ Corp's employees, what must be issued to XYZ?

  1. A certificate

  2. A policy

  3. A coverage summary

  4. A notice of termination

The correct answer is: A policy

Under a group health policy, a policy is the legal document given to the policy owner, in this case XYZ Corp, outlining the terms and conditions of the insurance coverage. A certificate refers to the document given to each individual employee as proof of their coverage under the group policy. A coverage summary is a high-level overview of the group policy provided to employees. A notice of termination is not relevant to the question as it does not specify under what circumstances it is issued. Therefore, a policy is the correct answer in this scenario.

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