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Ok-Life-Accident-and-Health-or-Sickness-Producer exam is an important Insurance Licensing Certification which can test your professional skills. Candidates want to pass the exam successfully to prove their competence. Fast2test Insurance Licensing technical experts have collected and certified 157 questions and answers of Insurance Licensing Certification - Oklahoma Life, Accident, and Health or Sickness Producer Exam which are designed to cover the knowledge points of the Planning and Designing Insurance Licensing Superdome Server Solutions and enhance candidates' abilities. With Fast2test Ok-Life-Accident-and-Health-or-Sickness-Producer preparation tests you can pass the Insurance Licensing Certification - Oklahoma Life, Accident, and Health or Sickness Producer Exam easily, get the Insurance Licensing certification and go further on Insurance Licensing career path.

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

1. To apply for a life or health insurance policy,

A) all possible serious medical conditions must be diagnosed and recorded.
B) the insured must report all information about family illnesses.
C) the insured individual's medical history may be reviewed and reported.
D) a physical examination must be performed by a licensed physician.


2. The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to as

A) rebating.
B) twisting.
C) churning.
D) subrogation.


3. How long is the contestable period for a life insurance policy?

A) 6 months
B) 12 months
C) 24 months
D) 36 months


4. Which of the following is an Unfair Claims Settlement Practices Act under Oklahoma law?

A) not maintaining an audit trail of premium history and claim transactions.
B) failing to interview all involved parties within 45 days of the filing of proof of loss forms.
C) knowingly misrepresenting to a claimant pertinent facts or policy provisions that relate to coverage.
D) failing to maintain complete policy notes involving claims.


5. In reference to life insurance in contract law, a person MOST likely will have an insurable interest in insuring a person's life if

A) she has any type of distant family relationship with the insured party.
B) the interest exists at the time of death rather than at the time the policy is purchased.
C) a financial benefit exists from the continuance of the insured party's life.
D) any type of business relationship exists between the insured party and the beneficiary.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: B
Question # 3
Answer: C
Question # 4
Answer: C
Question # 5
Answer: C

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