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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. 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) employee welfare.
C) business continuation life.
D) business overhead.

2. Any person of competent legal capacity may contract for life and health insurance at a MINIMUM age of

A) 18.
B) 15.
C) 16.
D) 21.

3. What is the main reason a Medicare supplement policy is purchased?

A) to cover dental services
B) to fill the gaps not covered by Medicare Parts A and B
C) to cover prescription drugs filled at the pharmacy
D) to cover long-term care services

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

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

5. On an individual insurance application, which of the following signatures is NOT required?

A) The producer.
B) Insured if different from the applicant.
C) Applicant.
D) The insurer.

Solutions: