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

  • Exam Code: Ok-Life-Accident-and-Health-or-Sickness-Producer
  • Exam Name: Oklahoma Life, Accident, and Health or Sickness Producer Exam
  • Updated: Aug 13, 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:

SectionObjectives
Topic 1: Life Insurance Concepts- Types of life insurance policies
- Policy provisions, riders, and options
- Beneficiaries and settlements
Topic 2: State Insurance Regulations (Oklahoma)- Producer licensing requirements and conduct
- Oklahoma Insurance Code and regulations
- Unfair trade practices and ethics
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: Annuities- Annuity payout options
- Fixed and variable annuities

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

1. How many employees are REQUIRED before an employer is subject to COBRA?

A) 50 employees
B) 20 employees
C) 31 employees
D) 30 employees


2. Employees covered by an employer health plan are issued an insurance

A) contract.
B) policy.
C) certificate.
D) covenant.


3. An alien insurer is which one of the following?

A) One formed under the laws of Oklahoma.
B) One formed under the laws of a state geographically bordering Oklahoma.
C) One formed under the laws of a state other than Oklahoma.
D) One formed under the laws of a country other than the United States of America.


4. Misrepresenting the advantages and benefits of a new policy to induce replacement of an existing policy is

A) twisting.
B) forfeiting.
C) defamation.
D) rebating.


5. One area in which errors are commonly made on life insurance applications and for which the incontestable clause does NOT apply is

A) education level.
B) occupation.
C) age.
D) state of residence.


Solutions:

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

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