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

Ok-Life-Accident-and-Health-or-Sickness-Producer
  • Exam Code: Ok-Life-Accident-and-Health-or-Sickness-Producer
  • Exam Name: Oklahoma Life, Accident, and Health or Sickness Producer Exam
  • Updated: Aug 08, 2026
  • Q & A: 157 Questions and Answers

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About Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Exam Questions

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

SectionWeightObjectives
Insurance Marketing and Sales10-15%- Suitable product recommendations
- Replacement regulations
- Recordkeeping requirements
- Sales practices and disclosures
Life Insurance Basics15-20%- Beneficiary designations
- Policy provisions and riders
- Cash value and loan provisions
- Types of life insurance policies
Oklahoma Insurance Regulations20-25%- Unfair trade practices prohibitions
- Consumer protection regulations
- Licensing requirements and procedures
- Oklahoma Insurance Code requirements
- Market conduct regulations
Ethics and Professional Conduct10-15%- Fiduciary responsibilities
- Handling customer complaints
- Disclosure requirements
- Antifraud regulations
Health Insurance Fundamentals20-25%- Disability income insurance
- Health maintenance organizations (HMOs)
- Major medical insurance
- Preferred provider organizations (PPOs)
- Dental and vision coverage
Accident and Sickness Insurance15-20%- Critical illness insurance
- Sickness-related coverage
- Accident-only policies
- Hospital indemnity insurance

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

1. When can an insurer cancel a Medicare supplement plan?

A) On a date specified in the policy.
B) At the enrollment period.
C) After nonpayment.
D) At any time.


2. An example of a false financial statement is which one of the following?

A) An insurance producer published an untrue newspaper advertisement about another producer.
B) An insurance producer posts information about a profitable insurer going bankrupt.
C) An insurance producer mails out hateful postcards about a local insurer.
D) An insurance producer hands out flyers about another producer's criminal past.


3. Mortgage redemption or cancellation insurance is a form of what type of insurance?

A) Increasing term.
B) Decreasing term.
C) Level premium universal life.
D) Level premium whole life.


4. An accelerated death benefit provision allows a portion of the death benefits to be paid to the insured prior to death if the insured

A) has a terminal illness.
B) has a dependent with a serious illness.
C) becomes disabled.
D) has reached retirement age.


5. Upon receipt of notice of claim, the insurance company will furnish to the claimant such forms for filing proof of loss within how many days?

A) 30
B) 10
C) 20
D) 15


Solutions:

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

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