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Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Oklahoma State-Specific Knowledge | 28% | - Consumer Protection and Ethics
|
| General Insurance Knowledge | 72% | - Health and Accident Insurance Basics
|
Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer Sample Questions:
The Oklahoma Insurance Commissioner may place on probation, censure, suspend, revoke, or refuse to issue a license to an applicant for all of the following causes EXCEPT
- A. having admitted to have committed fraud.
- B. providing incorrect, misleading, or materially untrue information in the license application.
- C. failing to pay state taxes.
- D. having been convicted of a misdemeanor.
Correct Answer: D 🗳️
Explanation: Only visible for DumpsFree members. You can sign-up / login (it's free).
A person whose life is insured under a group insurance policy has the right to designate a beneficiary and the right to
- A. cash in the surrender value.
- B. have an individual policy issued in the case of termination of employment.
- C. remain as an insured in the case of termination of employment.
- D. convert the premiums to a different policy.
Correct Answer: B 🗳️
Explanation: Only visible for DumpsFree members. You can sign-up / login (it's free).
Which rider would allow additional insurance to be purchased at specified dates or events, without additional underwriting?
- A. Disability income
- B. Cost of living
- C. Guaranteed insurability
- D. Guaranteed renewability
Correct Answer: C 🗳️
Explanation: Only visible for DumpsFree members. You can sign-up / login (it's free).
In broad terms, the types of support and services generally associated with Long-Term Care policies are provided at which three levels of care?
- A. Professional, social, and economic care.
- B. Functional, rehabilitational, and medical care.
- C. Skilled nursing, intermediate, and custodial care.
- D. Home-based, assisted living, and medical care.
Correct Answer: C 🗳️
Explanation: Only visible for DumpsFree members. You can sign-up / login (it's free).
An endorsement to an insurance policy that modifies clauses and provisions of the policy is referred to as
- A. an add-on.
- B. a supplement.
- C. a rider.
- D. an attachment.
Correct Answer: C 🗳️
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