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

SectionObjectives
Topic 1: Annuities- Annuity payout options
- Fixed and variable annuities
Topic 2: State Insurance Regulations (Oklahoma)- Unfair trade practices and ethics
- Oklahoma Insurance Code and regulations
- Producer licensing requirements and conduct
Topic 3: Accident and Health Insurance- Disability income insurance
- Medical expense coverage concepts
- Health insurance policy types
Topic 4: General Insurance Principles- Risk management and insurance concepts
- Insurable interest and underwriting basics
Topic 5: Life Insurance Concepts- Beneficiaries and settlements
- Types of life insurance policies
- Policy provisions, riders, and options

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

1. A license is NOT required when you are

A) selling insurance.
B) soliciting insurance.
C) negotiating insurance.
D) providing referrals.


2. Which of the following is a core benefit of Medicare supplemental insurance?

A) Preventive care.
B) Basic drugs limit of $1,250.
C) First 3 pints of blood each year.
D) At-home recovery.


3. All documents required under law in an insurance transaction may be stored, delivered, or presented by electronic means so long as it meets the requirements of the

A) National Association of Insurance Commissioners.
B) Oklahoma Insurance Commissioner.
C) Uniform Commercial Code.
D) Uniform Electronic Transaction Act.


4. Which of the following is a core benefit of Medicare supplemental insurance?

A) Preventive care.
B) Basic drugs limit of $1,250.
C) First 3 pints of blood each year.
D) At-home recovery.


5. All of the following describe a whole life policy EXCEPT

A) provides a death benefit only.
B) provides coverage for the life of the policyholder.
C) premiums are payable until death.
D) a policy of $1,000 minimum.


Solutions:

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

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