5/15/25, 12:17 PM Oklahoma Life and Health Insurance Exam | Quizlet
Name: Score:
32 Multiple choice questions
Term 1 of 32
A business will typically use which type of life insurance to cover their employees?
Group policy
Adjustable life policy
Whole life policy
Endowment policy
is issued a policy
Group policy
It is funded by federal, state, and local taxes
It provides benefits for nonoccupational illnesses and injuries
https://quizlet.com/test/oklahoma-life-and-health-insurance-exam-253202325?answerTermSides=6&promptTermSides=6&questionCount=32&questio… 1/20
,5/15/25, 12:17 PM Oklahoma Life and Health Insurance Exam | Quizlet
Term 2 of 32
A health benefit plan that provides maternity benefits must provide at least how many hours of
inpatient care for the mother and newborn infant following delivery?
24 hours for vaginal birth or 96 hours for caesarean section
36 hours for vaginal birth or 48 hours for caesarean section
48 hours for vaginal birth or 96 hours for caesarean section
72 hours for vaginal birth or 96 hours for caesarean section
Cost of living benefit
The policy's effective date is earlier than the present
48 hours for vaginal birth or 96 hours for caesarean section
Non-payment of premium
Term 3 of 32
What happens when an insurance policy is backdated?
The policy's elimination period is waived
The time frame for reinstating a lapsed policy is extended
The policy's probation period is earlier than the present
The policy's effective date is earlier than the present
The policy's effective date is earlier than the present
Giving a gift of more than $100 value to a client as an inducement to purchase insurance
Licensed and duly appointed producers
pay a cash surrender value
https://quizlet.com/test/oklahoma-life-and-health-insurance-exam-253202325?answerTermSides=6&promptTermSides=6&questionCount=32&questio… 2/20
, 5/15/25, 12:17 PM Oklahoma Life and Health Insurance Exam | Quizlet
Term 4 of 32
Donald is the primary insured of a life insurance policy and adds a children's term rider. What is
the advantage of adding this rider?
Can be converted to permanent coverage without evidence of insurability
Coverage can be different for each child
Premiums on this rider are not required until the limiting age is reached
Increases the policy's overall cash value
It allows for cash advances to be paid against the death benefit if the insured becomes
terminally ill
Immunization benefits may not be subject to a schedule
Can be converted to permanent coverage without evidence of insurability
Joe cannot be denied reinstatement to his original individual health plan
https://quizlet.com/test/oklahoma-life-and-health-insurance-exam-253202325?answerTermSides=6&promptTermSides=6&questionCount=32&questio… 3/20
Name: Score:
32 Multiple choice questions
Term 1 of 32
A business will typically use which type of life insurance to cover their employees?
Group policy
Adjustable life policy
Whole life policy
Endowment policy
is issued a policy
Group policy
It is funded by federal, state, and local taxes
It provides benefits for nonoccupational illnesses and injuries
https://quizlet.com/test/oklahoma-life-and-health-insurance-exam-253202325?answerTermSides=6&promptTermSides=6&questionCount=32&questio… 1/20
,5/15/25, 12:17 PM Oklahoma Life and Health Insurance Exam | Quizlet
Term 2 of 32
A health benefit plan that provides maternity benefits must provide at least how many hours of
inpatient care for the mother and newborn infant following delivery?
24 hours for vaginal birth or 96 hours for caesarean section
36 hours for vaginal birth or 48 hours for caesarean section
48 hours for vaginal birth or 96 hours for caesarean section
72 hours for vaginal birth or 96 hours for caesarean section
Cost of living benefit
The policy's effective date is earlier than the present
48 hours for vaginal birth or 96 hours for caesarean section
Non-payment of premium
Term 3 of 32
What happens when an insurance policy is backdated?
The policy's elimination period is waived
The time frame for reinstating a lapsed policy is extended
The policy's probation period is earlier than the present
The policy's effective date is earlier than the present
The policy's effective date is earlier than the present
Giving a gift of more than $100 value to a client as an inducement to purchase insurance
Licensed and duly appointed producers
pay a cash surrender value
https://quizlet.com/test/oklahoma-life-and-health-insurance-exam-253202325?answerTermSides=6&promptTermSides=6&questionCount=32&questio… 2/20
, 5/15/25, 12:17 PM Oklahoma Life and Health Insurance Exam | Quizlet
Term 4 of 32
Donald is the primary insured of a life insurance policy and adds a children's term rider. What is
the advantage of adding this rider?
Can be converted to permanent coverage without evidence of insurability
Coverage can be different for each child
Premiums on this rider are not required until the limiting age is reached
Increases the policy's overall cash value
It allows for cash advances to be paid against the death benefit if the insured becomes
terminally ill
Immunization benefits may not be subject to a schedule
Can be converted to permanent coverage without evidence of insurability
Joe cannot be denied reinstatement to his original individual health plan
https://quizlet.com/test/oklahoma-life-and-health-insurance-exam-253202325?answerTermSides=6&promptTermSides=6&questionCount=32&questio… 3/20
