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Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Oklahoma State-Specific Knowledge28%- Policy Provisions Required in Oklahoma
  • 1. Reinstatement and replacement rules
  • 2. Grace periods, free look, incontestability
- Consumer Protection and Ethics
  • 1. Unfair claims practices
  • 2. Privacy and disclosure requirements
- Oklahoma Insurance Statutes and Rules
  • 1. Title 36 Oklahoma Statutes
  • 2. Oklahoma Administrative Code provisions
- State Licensing and Renewal
  • 1. Residency requirements
  • 2. Continuing education rules
Topic 2: General Insurance Knowledge72%- Health and Accident Insurance Basics
  • 1. Accident and sickness coverage
  • 2. Health insurance policies
  • 3. Disability income insurance
- Annuities
  • 1. Types of annuities
  • 2. Features and taxation
- Life Insurance Basics
  • 1. Policy provisions and riders
  • 2. Underwriting and issue
  • 3. Types of life policies
- Insurance Regulation
  • 1. Licensing requirements
  • 2. Unfair trade practices
  • 3. Federal and state laws

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
Reveal Solution  Discussion  0

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.
Reveal Solution  Discussion  0

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.
Reveal Solution  Discussion  0

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.
Reveal Solution  Discussion  0

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%.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).

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