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

Ok-Life-Accident-and-Health-or-Sickness-Producer real exams

Exam Code: Ok-Life-Accident-and-Health-or-Sickness-Producer

Exam Name: Oklahoma Life, Accident, and Health or Sickness Producer Exam

Updated: Sep 08, 2026

Q & A: 157 Questions and Answers

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

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

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

Question #1

Every licensee must keep records pertaining to insurance transactions for how many years?

  • A. 7
  • B. 3
  • C. 5
  • D. 10
Answer: C

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Question #2

All of the following are DISADVANTAGES of replacing an older health policy EXCEPT

  • A. preexisting conditions.
  • B. the old policy does not meet policyowner's needs.
  • C. proving insurability.
  • D. a new contestability period.
Answer: B

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Question #3

In a term life insurance policy, premiums may be increased at the renewal of the policy. Prior to renewal, the premiums would be considered

  • A. level.
  • B. convertible.
  • C. adjustable.
  • D. variable.
Answer: A

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Question #4

The provision that the policy and a copy of an application is endorsed upon or attached to the policy when issued is the

  • A. entire contract.
  • B. application.
  • C. policy summary.
  • D. certificate.
Answer: A

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Question #5

The type of annuity in which all payments cease upon the death of an annuitant is referred to as a

  • A. life annuity.
  • B. finite annuity.
  • C. terminal annuity.
  • D. refund annuity.
Answer: A

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