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

Ok-Life-Accident-and-Health-or-Sickness-Producer actual test
  • Exam Code: Ok-Life-Accident-and-Health-or-Sickness-Producer
  • Exam Name: Oklahoma Life, Accident, and Health or Sickness Producer Exam
  • Updated: Aug 19, 2026
  • Q & A: 157 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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

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

1. Which life insurance rider is designed to permit young individuals to be able to purchase additional insurance as they grow older, regardless of insurability?

A) Guaranteed insurability rider.
B) Impairment rider.
C) Multiple indemnity rider.
D) Cost of living rider.


2. Which of the following is NOT a settlement option for life or annuity policies?

A) Life income with period certain.
B) Pure life income.
C) Fixed period.
D) Asset withdrawal.


3. Upon surrender of a whole life insurance policy, which has been in force for AT LEAST 3 full years, and within 60 days after the date the premium payment is due and unpaid, the insurer will

A) extend the grace period.
B) reimburse all paid premiums.
C) pay a cash surrender value.
D) refund premium.


4. What is the correct term for an individual who is required to be licensed under the laws of this state to negotiate the sale of insurance?

A) Insurance underwriter.
B) Insurance adjuster.
C) Insurance producer.
D) Insurance appraiser.


5. An endorsement to an insurance policy that modifies clauses and provisions of the policy is referred to as

A) a supplement.
B) an attachment.
C) an add-on.
D) a rider.


Solutions:

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

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