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