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

Ok-Life-Accident-and-Health-or-Sickness-Producer Exam Simulator
  • Exam Code: Ok-Life-Accident-and-Health-or-Sickness-Producer
  • Exam Name: Oklahoma Life, Accident, and Health or Sickness Producer Exam
  • Updated: Sep 09, 2026
  • Q & A: 157 Questions and Answers
  • Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Q&A - in .pdf

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

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

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

Question #1

An endorsement to an insurance policy that modifies clauses and provisions of the policy is referred to as

  • A. a rider.
  • B. an attachment.
  • C. an add-on.
  • D. a supplement.
Answer: A

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Question #2

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?

  • A. Joe cannot be denied reinstatement into his same individual health insurance policy that lapsed as a result of Joe becoming covered by a government-sponsored health plan.
  • B. Joe is not required to undergo the initial underwriting process but he cannot be reinstated under his personal plan unless he is free of pre-existing conditions.
  • C. Joe cannot be denied reinstatement in his prior individual health insurance policy unless the federal government denies him coverage based on health conditions unrelated to his military service.
  • D. Joe is subject to being re-underwritten in terms of his current health conditions because he cannot be penalized with more restrictive coverage.
Answer: A

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Question #3

A whole life policy payment period is related to an annual premium in which of the following ways?

  • A. The payment period is not related to the annual premium.
  • B. The shorter the payment period, the higher the annual premium.
  • C. The longer the payment period, the higher the annual premium.
  • D. The shorter the payment period, the lower the annual premium.
Answer: B

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Question #4

The insured is dissatisfied with the handling of a claim. How long does the insured have to bring a lawsuit against the insurer?

  • A. 1 year
  • B. 7 years
  • C. 3 years
  • D. 5 years
Answer: D

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Question #5

Which rider includes coverage for the insured's spouse and children?

  • A. Guaranteed insurability
  • B. Payor benefit
  • C. Jumping juvenile
  • D. Family
Answer: D

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