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

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

Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer Sample Questions:

Which of the following is NOT a right of the life insurance policyowner?

  • A. Select and change a beneficiary.
  • B. Assign or transfer the policy.
  • C. Borrow from the cash values.
  • D. Revoke an absolute assignment.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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An alien insurer is which one of the following?

  • A. One formed under the laws of a country other than the United States of America.
  • B. One formed under the laws of a state geographically bordering Oklahoma.
  • C. One formed under the laws of Oklahoma.
  • D. One formed under the laws of a state other than Oklahoma.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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What is the correct term for an individual who is required to be licensed under the laws of this state to negotiate the sale of insurance?

  • A. Insurance producer.
  • B. Insurance appraiser.
  • C. Insurance adjuster.
  • D. Insurance underwriter.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Which of the following is NOT a key factor in underwriting life insurance?

  • A. Tobacco use.
  • B. Marital status.
  • C. Age.
  • D. Family history.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Under a Long-Term Care policy, all of the following are Activities of Daily Living EXCEPT

  • A. talking.
  • B. eating.
  • C. dressing.
  • D. toileting.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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