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

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

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

In conjunction with an Oklahoma insurance producer or adjuster license renewal, which one of the following is a continuing education requirement?

  • A. 26 hours every 3 years.
  • B. 18 hours every 2 years.
  • C. 12 hours annually.
  • D. 24 hours every 2 years.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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To be eligible for a small group health insurance plan, a company may NOT have more than how many employees?

  • A. 50
  • B. 2
  • C. 10
  • D. 40
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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One advantage of a whole life insurance policy is that it offers

  • A. Permanent coverage.
  • B. Initial lower premiums.
  • C. Variable premium amounts.
  • D. Liberal underwriting guidelines.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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The settlement option that allows proceeds to remain with the insurer and the earnings to be paid to the beneficiary on a monthly basis is called

  • A. lump sum.
  • B. fixed period.
  • C. fixed amount.
  • D. interest only.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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How does a survivorship life policy payout?

  • A. upon granting of a divorce decree
  • B. upon the death of the first insured
  • C. upon the death of the last surviving insured
  • D. upon attainment of a fixed age
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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