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

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

1. An insurance producer who knowingly and willfully makes a fraudulent statement relating to an application for insurance is subject to all of the following EXCEPT

A) suspension.
B) revocation.
C) censure.
D) discrimination.

2. To be eligible for a small group health insurance plan, a company may NOT have more than how many employees?

A) 40
B) 2
C) 10
D) 50

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) convertible.
B) variable.
C) adjustable.
D) level.

4. All documents required under law in an insurance transaction may be stored, delivered, or presented by electronic means so long as it meets the requirements of the

A) Uniform Electronic Transaction Act.
B) National Association of Insurance Commissioners.
C) Uniform Commercial Code.
D) Oklahoma Insurance Commissioner.

5. The type of insurance used to indemnify a firm for the loss of earnings brought about by the death or disability of an officer or other significant employee is

A) key person.
B) business continuation life.
C) employee welfare.
D) business overhead.

Solutions: