Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Q&A - in .pdf

  • Exam Code: Ok-Life-Accident-and-Health-or-Sickness-Producer
  • Exam Name: Oklahoma Life, Accident, and Health or Sickness Producer Exam
  • Updated: Aug 30, 2026
  • Q & A: 157 Questions and Answers
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  • Exam Code: Ok-Life-Accident-and-Health-or-Sickness-Producer
  • Exam Name: Oklahoma Life, Accident, and Health or Sickness Producer Exam
  • Updated: Aug 30, 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
Topic 1: Annuities- Annuity payout options
- Fixed and variable annuities
Topic 2: Accident and Health Insurance- Medical expense coverage concepts
- Health insurance policy types
- Disability income insurance
Topic 3: State Insurance Regulations (Oklahoma)- Oklahoma Insurance Code and regulations
- Producer licensing requirements and conduct
- Unfair trade practices and ethics
Topic 4: General Insurance Principles- Insurable interest and underwriting basics
- Risk management and insurance concepts
Topic 5: Life Insurance Concepts- Types of life insurance policies
- Policy provisions, riders, and options
- Beneficiaries and settlements

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

Question 1

A common disaster provision states that if the beneficiary dies from the same accident as the insured individual, the insurer will proceed as if the

A. insured individual outlived the beneficiary.
B. beneficiary outlived the insured individual.
C. beneficiary and the insured individual died simultaneously.
D. beneficiary was never named on the policy.


Question 2

In addition to the actual policy, an entire contract includes which of the following?

A. Credit report.
B. The application.
C. Provisions.
D. Clauses.


Question 3

The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to as

A. churning.
B. subrogation.
C. rebating.
D. twisting.


Question 4

A group major medical policy is written with a $1,000 deductible, 80/20 coinsurance, and an out-of-pocket maximum of $3,000. The insured goes into the hospital for a covered procedure. The total cost of the procedure is $5,000. How much does the insured have to pay towards the $5,000 total?

A. $5,000
B. $1,000
C. $3,000
D. $1,800


Question 5

In broad terms, the types of support and services generally associated with Long-Term Care policies are provided at which three levels of care?

A. Home-based, assisted living, and medical care.
B. Professional, social, and economic care.
C. Skilled nursing, intermediate, and custodial care.
D. Functional, rehabilitational, and medical care.


Solutions:

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

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