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

"Oklahoma Life, Accident, and Health or Sickness Producer Exam", also known as Ok-Life-Accident-and-Health-or-Sickness-Producer exam, is a Insurance Licensing Certification. With the complete collection of questions and answers, UpdateDumps has assembled to take you through 157 Q&As to your Ok-Life-Accident-and-Health-or-Sickness-Producer Exam preparation. In the Ok-Life-Accident-and-Health-or-Sickness-Producer exam resources, you will cover every field and category in Insurance Licensing Certification Certification helping to ready you for your successful Insurance Licensing Certification.

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  • Updated on: Jun 09, 2026
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  • Updated on: Jun 09, 2026
  • No. of Questions: 157 Questions & Answers

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

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

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


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

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


3. Under a group life policy, the policyowner is entitled to a grace period of 31 days for the payment of any premium due EXCEPT the first. During the grace period, the death benefit coverage shall

A) be 50%.
B) be 75%.
C) be discontinued.
D) continue in force.


4. Which of the following is NOT a settlement option for life or annuity policies?

A) Asset withdrawal.
B) Life income with period certain.
C) Fixed period.
D) Pure life income.


5. How is ownership of a mutual insurance company evidenced?

A) certificate of deposit
B) ownership of a policy
C) ownership of stock
D) bonds of the company


Solutions:

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

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