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Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Oklahoma State-Specific Knowledge | 28% | - Policy Provisions Required in Oklahoma
|
| Topic 2: General Insurance Knowledge | 72% | - Health and Accident Insurance Basics
|
Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer Sample Questions:
Which type of life insurance policy is written under a single contract for both spouses in which it is payable upon the first death?
- A. dual capacity
- B. family term
- C. joint
- D. whole
Correct Answer: C 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
On an individual insurance application, which of the following signatures is NOT required?
- A. Insured if different from the applicant.
- B. Applicant.
- C. The producer.
- D. The insurer.
Correct Answer: D 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to as
- A. churning.
- B. rebating.
- C. twisting.
- D. subrogation.
Correct Answer: C 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
To apply for a life or health insurance policy,
- A. all possible serious medical conditions must be diagnosed and recorded.
- B. a physical examination must be performed by a licensed physician.
- C. the insured individual's medical history may be reviewed and reported.
- D. the insured must report all information about family illnesses.
Correct Answer: C 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
Under a group life policy, the policyowner is entitled to a grace period of 31 days for the payment of any premium due EXCEPT the first. During the grace period, the death benefit coverage shall
- A. be discontinued.
- B. be 75%.
- C. continue in force.
- D. be 50%.
Correct Answer: C 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
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