Prepare and pass exam with our Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer training material, here you will achieve your dream easily With TrainingQuiz!
Updated: Sep 08, 2025
No. of Questions: 157 Questions & Answers with Testing Engine
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1. What is the term used when exchanging a new policy for one already in force?
A) Conversion.
B) Enhancement.
C) Replacement.
D) Renewal.
2. When can an insurer cancel a Medicare supplement plan?
A) At any time.
B) At the enrollment period.
C) After nonpayment.
D) On a date specified in the policy.
3. In conjunction with an Oklahoma insurance producer or adjuster license renewal, which one of the following is a continuing education requirement?
A) 26 hours every 3 years.
B) 18 hours every 2 years.
C) 24 hours every 2 years.
D) 12 hours annually.
4. Which rider would allow additional insurance to be purchased at specified dates or events, without additional underwriting?
A) Disability income
B) Cost of living
C) Guaranteed insurability
D) Guaranteed renewability
5. In terms of consideration, in which of the following circumstances is a health insurance contract effective?
A) When the insured pays the premium and the policy is issued as applied for.
B) When the insured pays the premium for a plan.
C) When the insurance company provides the services promised in the contract.
D) When the contract has been signed by both the insured and the insurance company.
Solutions:
Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: A |
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