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

1. In regards to advertising, insurers are responsible for which of the following?

A) maintaining control of communications between agents.
B) maintaining control over content and form.
C) maintaining control over the cost of delivery.
D) maintaining control over the cost of production.


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

A) 24 hours every 2 years.
B) 26 hours every 3 years.
C) 12 hours annually.
D) 18 hours every 2 years.


3. The ownership provision of a life insurance policy states that during the insured individual's lifetime, the rights and privileges belong to the

A) owner only
B) insured individual only
C) beneficiaries
D) insured individual's family


4. Generally, all of the following apply to group life insurance EXCEPT

A) evidence of insurability is not required.
B) the insured pays a higher rate for the group policy.
C) it is priced according to the risk factors of the group.
D) individual underwriting is not required.


5. Which of the following is NOT a requirement to become a resident producer or adjuster in Oklahoma?

A) Must be of good personal and business reputation.
B) Successfully passing a licensing examination.
C) Be at least 18 years of age.
D) Live in Oklahoma for a period of 6 months or more.


Solutions:

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

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