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

1. An alien insurer is which one of the following?

A) One formed under the laws of a state other than Oklahoma.
B) One formed under the laws of a state geographically bordering Oklahoma.
C) One formed under the laws of a country other than the United States of America.
D) One formed under the laws of Oklahoma.

2. Which of the following is a core benefit of Medicare supplemental insurance?

A) First 3 pints of blood each year.
B) Basic drugs limit of $1,250.
C) Preventive care.
D) At-home recovery.

3. If a primary beneficiary dies, life insurance benefits are then paid to

A) no one.
B) the tertiary beneficiaries.
C) the sub-primary beneficiaries.
D) the contingent beneficiaries.

4. A licensee who has a change of address must notify the Insurance Commissioner within

A) 30 days.
B) 60 days.
C) 90 days.
D) 120 days.

5. To be eligible for a small group health insurance plan, a company may NOT have more than how many employees?

A) 40
B) 10
C) 50
D) 2

Solutions: