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

1. What is it called when a health insurance policy terminates and the policyholder is allowed to receive benefits past the termination date of the policy?

A) extension of benefits.
B) notification statement.
C) duration of coverage.
D) qualifying event.

2. Any person entitled to reimbursement for expenses of health care services and procedures under an Accident and Health Insurance Policy issued by an insurer is

A) an insured.
B) an insurer.
C) a practitioner.
D) a Preferred Provider Organization.

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

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

4. Every licensee must keep records pertaining to insurance transactions for how many years?

A) 10
B) 5
C) 7
D) 3

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

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

Solutions: