Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer - Ok-Life-Accident-and-Health-or-Sickness-Producer FREE EXAM DUMPS QUESTIONS & ANSWERS
Oklahoma resident Joe served in the military the past 4 years. When he returned and tried to reinstate his individual health insurance policy, he was denied coverage. His producer stated that because he was covered under a government plan he would be required to be re-underwritten as a new applicant subject to more restrictive coverage and increased premiums. Which of the following is TRUE?
Correct Answer: D
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Ann has a 5-year Renewable Term Life Insurance Policy. Upon exercising the renewable privilege, Ann MUST
Correct Answer: C
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Which of the following is NOT an example of inducement?
Correct Answer: C
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If a primary beneficiary dies, life insurance benefits are then paid to
Correct Answer: B
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The primary reason for purchasing life insurance is to provide
Correct Answer: B
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An alien insurer is which one of the following?
Correct Answer: A
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Determining the appropriate coverage for an individual seeking long-term care insurance is
Correct Answer: C
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Under the Standard Nonforfeiture Law, any cash value accumulation MUST be made available to the policyowner if the policyowner
Correct Answer: C
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The settlement option that allows proceeds to remain with the insurer and the earnings to be paid to the beneficiary on a monthly basis is called
Correct Answer: C
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A condition for which medical advice, diagnosis, care, or treatment was recommended or received during the
6 months immediately preceding the effective date of group health coverage is
6 months immediately preceding the effective date of group health coverage is
Correct Answer: C
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From an insured's perspective, what is the PRIMARY and MOST attractive feature of a viatical settlement?
Correct Answer: B
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Disability policies MOST often pay benefits in the form of
Correct Answer: B
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Every licensee must keep records pertaining to insurance transactions for how many years?
Correct Answer: D
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Term life insurance differs from permanent life insurance in that MOST often, term life insurance
Correct Answer: B
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