P&C Oklahoma License Exam with
complete solutions
Alien - CORRECT ANSWER✔✔Which type of insurer is incorporated or organized under the law of a
country other than the United States?
Insurer - CORRECT ANSWER✔✔Who does an insurance producer represent when neglecting an
insurance contract.
Writing Oklahoma Insurance laws - CORRECT ANSWER✔✔Which of the following is not a duty of the
insurance commissioner.
15 days - CORRECT ANSWER✔✔An insurer must appoint a producer within how many days after
accepting business from that producer?
5 years - CORRECT ANSWER✔✔The Commissioner must examine the affair of all domestic insurance
companies every?
A certificate of authority - CORRECT ANSWER✔✔An insurance company's license to do business in
Oklahoma in called?
Pass an examination - CORRECT ANSWER✔✔To be licensed, a producer must meet which of the
following qualifications?
, Writing advertisements for insurance companies - CORRECT ANSWER✔✔Which of the following jobs
does NOT require a certificate of authority or license?
Internal revenue returns - CORRECT ANSWER✔✔Which is NOT a consideration of the Commissioners
while examining an insurer?
Cease and desist order - CORRECT ANSWER✔✔Which of the following is a penalty for engaging in an
unfair method of competition?
24 hours - CORRECT ANSWER✔✔Adjusters and producers must complete how many hours if continuing
education biennially?
30 days - CORRECT ANSWER✔✔Homeowners policy renewal notices must be mailed at least how many
days prior to policy expiration?
Replacing life insurance policies - CORRECT ANSWER✔✔Which of the following is NOT an unfair trade
practice?
May use standardize credit explanations provided by the consumer reporting agency as the
reason.insureer. - CORRECT ANSWER✔✔If an insurer takes an adverse action based upon credit
information, the insurer.
To protect policyholders, insureds, and claimants from insurers who become insolvent. - CORRECT
ANSWER✔✔What is the purpose of the Property and Casualty Insurance Guaranty Association.
A producer must be appointed to transact insurance business for at least one insurer. - CORRECT
ANSWER✔✔Which of the following statements about the appointment of producers is CORRECT?
A fine for not more than $5,000 - CORRECT ANSWER✔✔An adjuster who does not comply with
Oklahoma's continuing education requirement may be subject to all of the EXCEPT.
complete solutions
Alien - CORRECT ANSWER✔✔Which type of insurer is incorporated or organized under the law of a
country other than the United States?
Insurer - CORRECT ANSWER✔✔Who does an insurance producer represent when neglecting an
insurance contract.
Writing Oklahoma Insurance laws - CORRECT ANSWER✔✔Which of the following is not a duty of the
insurance commissioner.
15 days - CORRECT ANSWER✔✔An insurer must appoint a producer within how many days after
accepting business from that producer?
5 years - CORRECT ANSWER✔✔The Commissioner must examine the affair of all domestic insurance
companies every?
A certificate of authority - CORRECT ANSWER✔✔An insurance company's license to do business in
Oklahoma in called?
Pass an examination - CORRECT ANSWER✔✔To be licensed, a producer must meet which of the
following qualifications?
, Writing advertisements for insurance companies - CORRECT ANSWER✔✔Which of the following jobs
does NOT require a certificate of authority or license?
Internal revenue returns - CORRECT ANSWER✔✔Which is NOT a consideration of the Commissioners
while examining an insurer?
Cease and desist order - CORRECT ANSWER✔✔Which of the following is a penalty for engaging in an
unfair method of competition?
24 hours - CORRECT ANSWER✔✔Adjusters and producers must complete how many hours if continuing
education biennially?
30 days - CORRECT ANSWER✔✔Homeowners policy renewal notices must be mailed at least how many
days prior to policy expiration?
Replacing life insurance policies - CORRECT ANSWER✔✔Which of the following is NOT an unfair trade
practice?
May use standardize credit explanations provided by the consumer reporting agency as the
reason.insureer. - CORRECT ANSWER✔✔If an insurer takes an adverse action based upon credit
information, the insurer.
To protect policyholders, insureds, and claimants from insurers who become insolvent. - CORRECT
ANSWER✔✔What is the purpose of the Property and Casualty Insurance Guaranty Association.
A producer must be appointed to transact insurance business for at least one insurer. - CORRECT
ANSWER✔✔Which of the following statements about the appointment of producers is CORRECT?
A fine for not more than $5,000 - CORRECT ANSWER✔✔An adjuster who does not comply with
Oklahoma's continuing education requirement may be subject to all of the EXCEPT.
