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

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: Oct 05, 2026

Q & A: 157 Questions and Answers

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

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

SectionWeightObjectives
Topic 1: Life Insurance Basics15-20%- Cash value and loan provisions
- Types of life insurance policies
- Beneficiary designations
- Policy provisions and riders
Topic 2: Ethics and Professional Conduct10-15%- Antifraud regulations
- Disclosure requirements
- Handling customer complaints
- Fiduciary responsibilities
Topic 3: Oklahoma Insurance Regulations20-25%- Unfair trade practices prohibitions
- Licensing requirements and procedures
- Oklahoma Insurance Code requirements
- Consumer protection regulations
- Market conduct regulations
Topic 4: Accident and Sickness Insurance15-20%- Accident-only policies
- Hospital indemnity insurance
- Sickness-related coverage
- Critical illness insurance
Topic 5: Insurance Marketing and Sales10-15%- Replacement regulations
- Recordkeeping requirements
- Suitable product recommendations
- Sales practices and disclosures
Topic 6: Health Insurance Fundamentals20-25%- Disability income insurance
- Preferred provider organizations (PPOs)
- Major medical insurance
- Health maintenance organizations (HMOs)
- Dental and vision coverage

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

Question #1

Jim purchased a $200,000 level term-to-age-65 life insurance policy when he was 35 years old. If Jim dies at age 50, what death benefit would be paid by this policy?

  • A. $200,000
  • B. $50,000
  • C. $100,000
  • D. $150,000
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

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

  • A. An insurance producer posts information about a profitable insurer going bankrupt.
  • B. An insurance producer hands out flyers about another producer's criminal past.
  • C. An insurance producer mails out hateful postcards about a local insurer.
  • D. An insurance producer published an untrue newspaper advertisement about another producer.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #3

In addition to the application, MIB, or consumer reports, underwriters can acquire information from all of the following EXCEPT

  • A. attending physician statements.
  • B. medical questionnaires.
  • C. genetic testing.
  • D. physical examinations.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #4

Long-Term Care Policies exclude coverage for all of the following EXCEPT

  • A. alcoholism or drug addiction.
  • B. self-inflicted injuries.
  • C. Alzheimer's disease.
  • D. acts of war while serving in the military.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #5

What is it called when a health insurance policy terminates and the policyholder is allowed to receive benefits past the termination date of the policy?

  • A. duration of coverage.
  • B. qualifying event.
  • C. extension of benefits.
  • D. notification statement.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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