OKLAHOMA LIFE HEALTH INSURANCE
EXAMINATION SET LATEST QUESTIONS AND
ANSWERS SURE A+
✔✔An employee insured under a group life insurance plan is normally - ✔✔covered with
term life insurance
✔✔Medicare Part A covers which type of care? - ✔✔Skilled nursing facility care
✔✔Which of the following is NOT a duty of the Insurance Commissioner? - ✔✔Enact
insurance legislation
✔✔An accident and health insurer has just received written proof of loss from one of its
insureds. The insured must now wait 60 days before - ✔✔bringing legal action against
the insurer
✔✔Which of these statements accurately portrays an adjustable life insurance policy? -
✔✔Policy can alternate between forms of term and whole life insurance
✔✔A licensee MUST notify the Commissioner of an address change within how many
days of the change. - ✔✔30
, ✔✔What type of life insurance is designed to pay the balance of a loan if the insured
dies before the loan has been repaid. - ✔✔credit
✔✔Medicare Part A does NOT provide coverage for - ✔✔the first 3 pints of blood
✔✔Insurance producer Karey offers clients a $250 shopping card if they purchase an
insurance product through her. What is an example of? - ✔✔Rebating
✔✔Which health policy clause specifies the amount of benefits to be paid? - ✔✔insuring
✔✔What is payable to the policyowner if a whole life policy is surrendered prior to its
maturity date? - ✔✔the cash value
✔✔Which of the following is generally a form of group credit life insurance? -
✔✔decreasing term insurance
✔✔Periodic health claim payments MUST be made at least - ✔✔monthly
✔✔What happens to the death benefit of a life insurance policy if the insured elects a
partial payment from the accelerated (living) benefit provision? - ✔✔reduced
✔✔An accident and health insurance policy's premium requirements are set forth in
which of the following provisions? - ✔✔consideration clause
✔✔Which of the following statements BEST describes employer contributions for
employer provided health insurance? - ✔✔employer contributions are deductible
✔✔These are all accurate statements regarding universal life insurance EXCEPT -
✔✔policy loans are not permitted
✔✔The standard provisions of an accident and health insurance policy require that the -
✔✔policy, endorsements, and attached papers constitute the "entire contract"
✔✔Larry wants to purchase an individual disability income policy to ensure that he will
not experience a lapse in income should he become disabled. He has a two-month
wage continuation benefit from his employer. What should the policy elimination period
be for his individual policy? - ✔✔60 days
✔✔James is covered with health insurance by two different insurers. The "insurance
with other insurers" provision in an individual health insurance policy allows an insurer
to pay benefits to the insured on a pro-rata basis when - ✔✔the insurer was not notified
prior to the claim that the insured has other health coverage
EXAMINATION SET LATEST QUESTIONS AND
ANSWERS SURE A+
✔✔An employee insured under a group life insurance plan is normally - ✔✔covered with
term life insurance
✔✔Medicare Part A covers which type of care? - ✔✔Skilled nursing facility care
✔✔Which of the following is NOT a duty of the Insurance Commissioner? - ✔✔Enact
insurance legislation
✔✔An accident and health insurer has just received written proof of loss from one of its
insureds. The insured must now wait 60 days before - ✔✔bringing legal action against
the insurer
✔✔Which of these statements accurately portrays an adjustable life insurance policy? -
✔✔Policy can alternate between forms of term and whole life insurance
✔✔A licensee MUST notify the Commissioner of an address change within how many
days of the change. - ✔✔30
, ✔✔What type of life insurance is designed to pay the balance of a loan if the insured
dies before the loan has been repaid. - ✔✔credit
✔✔Medicare Part A does NOT provide coverage for - ✔✔the first 3 pints of blood
✔✔Insurance producer Karey offers clients a $250 shopping card if they purchase an
insurance product through her. What is an example of? - ✔✔Rebating
✔✔Which health policy clause specifies the amount of benefits to be paid? - ✔✔insuring
✔✔What is payable to the policyowner if a whole life policy is surrendered prior to its
maturity date? - ✔✔the cash value
✔✔Which of the following is generally a form of group credit life insurance? -
✔✔decreasing term insurance
✔✔Periodic health claim payments MUST be made at least - ✔✔monthly
✔✔What happens to the death benefit of a life insurance policy if the insured elects a
partial payment from the accelerated (living) benefit provision? - ✔✔reduced
✔✔An accident and health insurance policy's premium requirements are set forth in
which of the following provisions? - ✔✔consideration clause
✔✔Which of the following statements BEST describes employer contributions for
employer provided health insurance? - ✔✔employer contributions are deductible
✔✔These are all accurate statements regarding universal life insurance EXCEPT -
✔✔policy loans are not permitted
✔✔The standard provisions of an accident and health insurance policy require that the -
✔✔policy, endorsements, and attached papers constitute the "entire contract"
✔✔Larry wants to purchase an individual disability income policy to ensure that he will
not experience a lapse in income should he become disabled. He has a two-month
wage continuation benefit from his employer. What should the policy elimination period
be for his individual policy? - ✔✔60 days
✔✔James is covered with health insurance by two different insurers. The "insurance
with other insurers" provision in an individual health insurance policy allows an insurer
to pay benefits to the insured on a pro-rata basis when - ✔✔the insurer was not notified
prior to the claim that the insured has other health coverage
