Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer : Oklahoma Life, Accident, and Health or Sickness Producer Exam

Ok-Life-Accident-and-Health-or-Sickness-Producer real exams

Exam Code: Ok-Life-Accident-and-Health-or-Sickness-Producer

Exam Name: Oklahoma Life, Accident, and Health or Sickness Producer Exam

Updated: Sep 11, 2026

Q & A: 157 Questions and Answers

Ok-Life-Accident-and-Health-or-Sickness-Producer Free Demo download

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

SectionObjectives
Annuities- Annuity payout options
- Fixed and variable annuities
State Insurance Regulations (Oklahoma)- Unfair trade practices and ethics
- Oklahoma Insurance Code and regulations
- Producer licensing requirements and conduct
Accident and Health Insurance- Medical expense coverage concepts
- Disability income insurance
- Health insurance policy types
Life Insurance Concepts- Beneficiaries and settlements
- Policy provisions, riders, and options
- Types of life insurance policies
General Insurance Principles- Risk management and insurance concepts
- Insurable interest and underwriting basics

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

Question #1

A policyowner purchased a whole life policy. How long after purchase can the policyowner borrow against the cash value of the policy?

  • A. never
  • B. 1 year
  • C. 3 years
  • D. 2 years
Answer: B

Explanation: Only visible for RealVCE members. You can sign-up / login (it's free).

Question #2

Which of the following is NOT a requirement to become a resident producer or adjuster in Oklahoma?

  • A. Successfully passing a licensing examination.
  • B. Be at least 18 years of age.
  • C. Live in Oklahoma for a period of 6 months or more.
  • D. Must be of good personal and business reputation.
Answer: C

Explanation: Only visible for RealVCE members. You can sign-up / login (it's free).

Question #3

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. discrimination.
  • C. revocation.
  • D. censure.
Answer: B

Explanation: Only visible for RealVCE members. You can sign-up / login (it's free).

Question #4

An accelerated death benefit provision allows a portion of the death benefits to be paid to the insured prior to death if the insured

  • A. has reached retirement age.
  • B. has a dependent with a serious illness.
  • C. becomes disabled.
  • D. has a terminal illness.
Answer: D

Explanation: Only visible for RealVCE members. You can sign-up / login (it's free).

Question #5

Laura has a group medical plan that has an 80% coinsurance provision but no deductible. She recently incurred a $1,000 medical bill. How much will Laura have to pay?

  • A. $800
  • B. $200
  • C. $0
  • D. $1,000
Answer: B

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