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Last Updated: Sep 06, 2025

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Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer Sample Questions:

1. Benefits required under the child immunization coverage shall NOT be subject to

A) a set immunization schedule.
B) a prior authorization.
C) a deductible.
D) an annual maximum number of immunizations.


2. An insured with a major medical policy has a per cause deductible of $100. Over the course of the year, the insured visits the doctor's office three times for injuries. Excluding the premium, what is the MINIMUM amount the insured MUST pay for the year if each visit costs $200?

A) $500
B) $300
C) $100
D) $200


3. Loans may generally be obtained against the proceeds of a personal life insurance policy, and policy loan proceeds

A) generate nontaxable interest income.
B) are not treated as taxable income.
C) are subject to Federal estate tax.
D) accelerate the benefits under the policy.


4. Employees covered by an employer health plan are issued an insurance

A) policy.
B) contract.
C) covenant.
D) certificate.


5. Which of the following is NOT a right of the life insurance policyowner?

A) Select and change a beneficiary.
B) Assign or transfer the policy.
C) Borrow from the cash values.
D) Revoke an absolute assignment.


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: B
Question # 4
Answer: D
Question # 5
Answer: D

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