Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer : Oklahoma Life, Accident, and Health or Sickness Producer Exam

Ok-Life-Accident-and-Health-or-Sickness-Producer real exams

Exam Code: Ok-Life-Accident-and-Health-or-Sickness-Producer

Exam Name: Oklahoma Life, Accident, and Health or Sickness Producer Exam

Updated: Aug 25, 2026

Q & A: 157 Questions and Answers

Ok-Life-Accident-and-Health-or-Sickness-Producer Free Demo download

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

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

1. An insurance producer sells fake policies and gambles the premium payments at a casino. Which entity would not be involved in the investigation?

A) Securities Exchange Commission
B) Oklahoma Insurance Department Anti-Fraud Unit
C) Oklahoma Attorney General
D) Oklahoma State Bureau of Investigation


2. Determining the appropriate coverage for an individual seeking long-term care insurance is

A) contestability.
B) suitability.
C) accountability.
D) coinsurance.


3. Term life insurance differs from permanent life insurance in that MOST often, term life insurance

A) remains in force for a specific period of time.
B) has a longer premium payment period.
C) is automatically renewable at the end of the term period.
D) accumulates a much smaller cash value.


4. A newly hired employee gives his enrollment form to his employer, but due to an administrative error, it is never forwarded to the insurance company. The error is detected 3 months later. What will happen if the clerical error provision is in effect?

A) The employer will be required to pay the past due premiums.
B) The employee will be allowed to submit an enrollment form and all past due premiums, and will be retroactively insured.
C) The employee will have to wait until the next open enrollment period to enroll in the plan.
D) The employee will be allowed to submit a new enrollment form and will be enrolled as of the date the new form is accepted.


5. A policyowner purchased a whole life policy. How long after purchase can the policyowner borrow against the cash value of the policy?

A) 1 year
B) 2 years
C) 3 years
D) never


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B
Question # 3
Answer: A
Question # 4
Answer: B
Question # 5
Answer: A

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