Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Questions & Answers - in .pdf
- Total Q&A: 157
- Update: Jul 15, 2026
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- Vendor: Insurance Licensing
- Exam Code: Ok-Life-Accident-and-Health-or-Sickness-Producer
- Exam Name: Oklahoma Life, Accident, and Health or Sickness Producer Exam
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- Total Q&A: 157
- Update: Jul 15, 2026
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Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer Sample Questions:
1. According to the IRS, which premiums may be tax deductible as a medical expense if the taxpayer's medical expenses exceed 10% of their adjusted gross income?
A) Personal Disability Income Insurance premiums
B) Accidental Death and Dismemberment Insurance premiums
C) Group Disability Insurance premiums
D) Long-Term Care Insurance premiums
2. An insured receives a notice from the insurer that the policy has been cancelled in the middle of the term.
Which of the following policies did the insured MOST likely have?
A) Optionally renewable.
B) Term.
C) Cancelable.
D) Conditionally renewable.
3. Employees covered by an employer health plan are issued an insurance
A) covenant.
B) policy.
C) certificate.
D) contract.
4. How many days does the insured have to notify the insurer to add a newly-born child to continue coverage?
A) 30 days.
B) 31 days.
C) 21 days.
D) 14 days.
5. Which of the following provisions allows a person to temporarily give up a portion of their ownership rights to secure a loan?
A) Reinstatement.
B) Automatic premium loan.
C) Entire contract.
D) Collateral assignment.
Solutions:
Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: D |
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