Oklahoma Life and Health State Exam Simulator
15 - ANS-Any person of competent legal capacity may contract for life and health insurance at a
minimum age of
2 years - ANS-A life insurance policy becomes incontestable after it has been in force for
24 months - ANS-Under an Unfair Claims Settlement Practices Act, an insurer CANNOT
request a refund of an overpayment paid to a claimant after
3 years - ANS-How long must a life insurance policy be in effect before the policyowner may use
the nonforfeiture provision?
30 - ANS-Following military service, an insured must submit a request for reinstatement to a
private health insurer no later than how many days following the deactivation?
30 days - ANS-Jerry is a resident producer who has moved to another city in Oklahoma. How
long does he have to notify the Insurance Commissioner of the change of address?
40 and older - ANS-Group and individual health insurance policies that provide coverage to
women must cover annual mammography screenings for women aged:
5 years - ANS-The Oklahoma Insurance Commissioner is REQUIRED to examine domestic
insurers AT LEAST every
50 employees - ANS-In Oklahoma, a small employer may not consist of more than how many
eligible employees?
8% - ANS-In Oklahoma, a life insurance policy loan shall bear interest at a specified rate, NOT
in excess of
A high school diploma - ANS-Which of the following is NOT a qualification to be licensed as a
producer or adjuster?
Accelerated benefits - ANS-Proceeds payable under a life insurance contract to a policyowner
in anticipation of death or upon the occurrence of specified life-threatening conditions as defined
by the policy are best described as:
All individual or group health contracts or agreements - ANS-According to Oklahoma law, which
of the following must include coverage for equipment, supplies, and related services for the
treatment of Type I and Type II diabetes when prescribed by a physician or other licensed health
care provider?
15 - ANS-Any person of competent legal capacity may contract for life and health insurance at a
minimum age of
2 years - ANS-A life insurance policy becomes incontestable after it has been in force for
24 months - ANS-Under an Unfair Claims Settlement Practices Act, an insurer CANNOT
request a refund of an overpayment paid to a claimant after
3 years - ANS-How long must a life insurance policy be in effect before the policyowner may use
the nonforfeiture provision?
30 - ANS-Following military service, an insured must submit a request for reinstatement to a
private health insurer no later than how many days following the deactivation?
30 days - ANS-Jerry is a resident producer who has moved to another city in Oklahoma. How
long does he have to notify the Insurance Commissioner of the change of address?
40 and older - ANS-Group and individual health insurance policies that provide coverage to
women must cover annual mammography screenings for women aged:
5 years - ANS-The Oklahoma Insurance Commissioner is REQUIRED to examine domestic
insurers AT LEAST every
50 employees - ANS-In Oklahoma, a small employer may not consist of more than how many
eligible employees?
8% - ANS-In Oklahoma, a life insurance policy loan shall bear interest at a specified rate, NOT
in excess of
A high school diploma - ANS-Which of the following is NOT a qualification to be licensed as a
producer or adjuster?
Accelerated benefits - ANS-Proceeds payable under a life insurance contract to a policyowner
in anticipation of death or upon the occurrence of specified life-threatening conditions as defined
by the policy are best described as:
All individual or group health contracts or agreements - ANS-According to Oklahoma law, which
of the following must include coverage for equipment, supplies, and related services for the
treatment of Type I and Type II diabetes when prescribed by a physician or other licensed health
care provider?
