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Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| General Insurance Knowledge | 72% | - Annuities
|
| Oklahoma State-Specific Knowledge | 28% | - Oklahoma Insurance Statutes and Rules
|
Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer Sample Questions:
Which of the following is a common exclusion from coverage under a medical expense plan?
- A. Injury due to auto accidents.
- B. Air travel in a private plane.
- C. Injury due to recreational sports.
- D. Injury caused by repairs or renovations to one's own home.
Correct Answer: B 🗳️
Explanation: Only visible for GetValidTest members. You can sign-up / login (it's free).
A single contract for group medical insurance issued to an employer is known as
- A. an employer policy.
- B. a conglomerate policy.
- C. a master policy.
- D. a certificate policy.
Correct Answer: C 🗳️
Explanation: Only visible for GetValidTest members. You can sign-up / login (it's free).
Under the Fair Credit Reporting Act, a consumer report includes
- A. communication of information by a consumer reporting agency bearing on a consumer's credit standing, worthiness, or personal characteristics.
- B. any report containing information solely as to transactions between the consumer and the person making the report.
- C. any authorizations or approval of a specific extension of credit, directly or indirectly, by the issuer of a credit card.
- D. communication of information among persons related by common ownership.
Correct Answer: A 🗳️
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Both husband and wife have group health insurance through their employers. Each spouse is covered under both policies. Under the coordination of benefits provision, how will the benefits be paid if the wife incurs a
$400 covered loss?
- A. Only the primary insurer will pay expenses toward the loss under the limits of the plan.
- B. The husband's insurer will pay as much of the claim as the policy permits, then the wife's insurer will pay the remainder.
- C. The primary insurer will pay as much of the claim as the policy permits, then the secondary insurer will pay the remainder of the claim as its policy permits.
- D. Only the wife's insurer will pay expenses toward the loss.
Correct Answer: C 🗳️
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Upon receipt of notice of claim, the insurance company will furnish to the claimant such forms for filing proof of loss within how many days?
- A. 20
- B. 15
- C. 30
- D. 10
Correct Answer: B 🗳️
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