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Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Oklahoma Insurance Regulations | 20-25% | - Unfair trade practices prohibitions - Market conduct regulations - Consumer protection regulations - Oklahoma Insurance Code requirements - Licensing requirements and procedures |
| Topic 2: Ethics and Professional Conduct | 10-15% | - Disclosure requirements - Handling customer complaints - Fiduciary responsibilities - Antifraud regulations |
| Topic 3: Health Insurance Fundamentals | 20-25% | - Dental and vision coverage - Preferred provider organizations (PPOs) - Disability income insurance - Major medical insurance - Health maintenance organizations (HMOs) |
| Topic 4: Life Insurance Basics | 15-20% | - Types of life insurance policies - Policy provisions and riders - Cash value and loan provisions - Beneficiary designations |
| Topic 5: Accident and Sickness Insurance | 15-20% | - Critical illness insurance - Sickness-related coverage - Accident-only policies - Hospital indemnity insurance |
| Topic 6: Insurance Marketing and Sales | 10-15% | - Replacement regulations - Sales practices and disclosures - Recordkeeping requirements - Suitable product recommendations |
Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer Sample Questions:
Generally, all of the following apply to group life insurance EXCEPT
- A. the insured pays a higher rate for the group policy.
- B. individual underwriting is not required.
- C. evidence of insurability is not required.
- D. it is priced according to the risk factors of the group.
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Disability policies MOST often pay benefits in the form of
- A. a lump sum payment based on projected income.
- B. a lump sum reimbursement for wages lost.
- C. periodic income.
- D. an annuity.
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Spouses want to purchase a life insurance policy that will pay benefits at the death of the first spouse. This is an example of a
- A. survivorship life policy.
- B. variable life policy.
- C. joint life policy.
- D. universal life policy.
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A person whose life is insured under a group insurance policy has the right to designate a beneficiary and the right to
- A. remain as an insured in the case of termination of employment.
- B. have an individual policy issued in the case of termination of employment.
- C. cash in the surrender value.
- D. convert the premiums to a different policy.
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A condition for which medical advice, diagnosis, care, or treatment was recommended or received during the
6 months immediately preceding the effective date of group health coverage is
- A. preexisting condition.
- B. elimination period.
- C. affiliation period.
- D. diagnosed condition.
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