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Updated: Aug 19, 2026
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| Section | Weight | Objectives |
|---|---|---|
| Oklahoma Insurance Regulations | 20-25% | - Consumer protection regulations - Market conduct regulations - Oklahoma Insurance Code requirements - Licensing requirements and procedures - Unfair trade practices prohibitions |
| Insurance Marketing and Sales | 10-15% | - Sales practices and disclosures - Replacement regulations - Suitable product recommendations - Recordkeeping requirements |
| Health Insurance Fundamentals | 20-25% | - Dental and vision coverage - Preferred provider organizations (PPOs) - Major medical insurance - Disability income insurance - Health maintenance organizations (HMOs) |
| Accident and Sickness Insurance | 15-20% | - Sickness-related coverage - Hospital indemnity insurance - Accident-only policies - Critical illness insurance |
| Ethics and Professional Conduct | 10-15% | - Antifraud regulations - Disclosure requirements - Handling customer complaints - Fiduciary responsibilities |
| Life Insurance Basics | 15-20% | - Beneficiary designations - Policy provisions and riders - Types of life insurance policies - Cash value and loan provisions |
1. Employees covered by an employer health plan are issued an insurance
A) certificate.
B) contract.
C) policy.
D) covenant.
2. Under a group life policy, the policyowner is entitled to a grace period of 31 days for the payment of any premium due EXCEPT the first. During the grace period, the death benefit coverage shall
A) be 50%.
B) be 75%.
C) continue in force.
D) be discontinued.
3. All documents required under law in an insurance transaction may be stored, delivered, or presented by electronic means so long as it meets the requirements of the
A) National Association of Insurance Commissioners.
B) Uniform Electronic Transaction Act.
C) Oklahoma Insurance Commissioner.
D) Uniform Commercial Code.
4. Benefits required under the child immunization coverage shall NOT be subject to
A) an annual maximum number of immunizations.
B) a deductible.
C) a prior authorization.
D) a set immunization schedule.
5. In conjunction with an Oklahoma insurance producer or adjuster license renewal, which one of the following is a continuing education requirement?
A) 24 hours every 2 years.
B) 12 hours annually.
C) 26 hours every 3 years.
D) 18 hours every 2 years.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: A |
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