Oklahoma Life and Health Insurance Exam| 150 Questions With Correct Answers!!

All of the following are included as part of a contract in the entire contract provision EXCEPT the riders application changes made by the producer policy - ANSWERSchanges made by the producer Health insurance involves two perils, accident and ____. - ANSWERSsickness All of the following riders can increase the death benefit amount EXCEPT Cost of Living Waiver of Premium Accidental Death Rider Guaranteed Insurability - ANSWERSWaiver of Premium Of the following dividend options, which of these is taxable? Reduction of premium One year term Paid-up additions Accumulation at interest - ANSWERSAccumulation at interest Insurance that is designed to pay the balance of a loan if the insured dies before the loan has been repaid in full is life settlement whole life universal life credit life - ANSWERScredit life A temporary producer's license issued by the Insurance Commissioner without examination is valid for a period of no longer than 90 days 120 days 180 days 270 days - ANSWERS180 Oklahoma Life and Health Insurance Exam| 150 Questions With Correct Answers!!