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Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Insurance Marketing and Sales | 10-15% | - Suitable product recommendations - Replacement regulations - Recordkeeping requirements - Sales practices and disclosures |
| Topic 2: Accident and Sickness Insurance | 15-20% | - Accident-only policies - Critical illness insurance - Hospital indemnity insurance - Sickness-related coverage |
| Topic 3: Life Insurance Basics | 15-20% | - Types of life insurance policies - Beneficiary designations - Policy provisions and riders - Cash value and loan provisions |
| Topic 4: Ethics and Professional Conduct | 10-15% | - Disclosure requirements - Fiduciary responsibilities - Handling customer complaints - Antifraud regulations |
| Topic 5: Health Insurance Fundamentals | 20-25% | - Major medical insurance - Health maintenance organizations (HMOs) - Dental and vision coverage - Preferred provider organizations (PPOs) - Disability income insurance |
| Topic 6: Oklahoma Insurance Regulations | 20-25% | - Consumer protection regulations - Market conduct regulations - Oklahoma Insurance Code requirements - Licensing requirements and procedures - Unfair trade practices prohibitions |
Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer Sample Questions:
Spouses want to purchase a life insurance policy that will pay benefits at the death of the first spouse. This is an example of a
- A. joint life policy.
- B. survivorship life policy.
- C. universal life policy.
- D. variable life policy.
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An insurance producer whose license has been revoked continues to provide insurance services. Which of the following is TRUE?
- A. This individual could be committed to the custody of the Department of Corrections for up to 10 years.
- B. This violation is a misdemeanor and can result in a fine of up to $500.
- C. This violation can result in a fine of up to $10,000.
- D. This violation is a felony and can result in a fine of up to $5,000.
Explanation: Only visible for PrepAwayETE members. You can sign-up / login (it's free).
Any person of competent legal capacity may contract for life and health insurance at a MINIMUM age of
- A. 15.
- B. 21.
- C. 18.
- D. 16.
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Under a Long-Term Care policy, all of the following are Activities of Daily Living EXCEPT
- A. talking.
- B. dressing.
- C. eating.
- D. toileting.
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Determining the appropriate coverage for an individual seeking long-term care insurance is
- A. contestability.
- B. coinsurance.
- C. suitability.
- D. accountability.
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