Pass your actual test with our Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer training material at first attempt
Updated: Sep 01, 2026
No. of Questions: 157 Questions & Answers with Testing Engine
Download Limit: Unlimited
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| Certification Vendor: | Oklahoma Insurance Department (OID) |
|---|---|
| Exam Name: | Oklahoma Life, Accident and Health or Sickness Producer Examination |
| Exam Number: | OK-LAH Producer Exam |
| Real Exam Qty: | 100-150 (varies by form; includes scored and pretest items) |
| Exam Format: | Proctored exam (PSI testing center or approved remote format), Multiple-choice, Computer-based testing |
| Related Certifications: | Life Insurance Producer Annuities Training (State-required, if applicable) Accident and Health Insurance Producer |
| Exam Price: | $60–$80 USD (varies by PSI testing fee schedule) |
| Available Languages: | English |
| Certificate Validity Period: | 2 years (renewable per Oklahoma licensing requirements) |
| Exam Duration: | 120-150 |
| Passing Score: | 70% |
| Recommended Training: | Kaplan Financial Insurance Licensing Courses ExamFX Insurance Prelicensing Training |
| Exam Registration: | PSI Insurance Exam Registration (Oklahoma) Oklahoma Insurance Department Licensing Portal |
| Sample Questions: | Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Sample Questions |
| Exam Way: | Computer-based exam administered via PSI testing centers (and/or approved remote proctoring where available) |
| Pre Condition: | Typically 40 hours of state-approved prelicensing education (Life 20 hours + Accident & Health 20 hours) |
| Official Syllabus URL: | https://www.oid.ok.gov/insurance/producer-licensing/ |
| Section | Objectives |
|---|---|
| Topic 1: General Insurance Principles | - Risk management and insurance concepts - Insurable interest and underwriting basics |
| Topic 2: Accident and Health Insurance | - Health insurance policy types - Disability income insurance - Medical expense coverage concepts |
| Topic 3: Life Insurance Concepts | - Beneficiaries and settlements - Types of life insurance policies - Policy provisions, riders, and options |
| Topic 4: Annuities | - Annuity payout options - Fixed and variable annuities |
| Topic 5: State Insurance Regulations (Oklahoma) | - Producer licensing requirements and conduct - Oklahoma Insurance Code and regulations - Unfair trade practices and ethics |
Question 1
An individual who is NOT acceptable by an insurer at standard rates because of health, habits, or occupation is called a
A. preferred risk.
B. substandard risk.
C. rating risk.
D. standard risk.
Question 2
Term life insurance is more appropriate than whole life insurance when the
A. maximum protection is needed, but the insured cannot afford premium payments for permanent insurance.
B. insured needs low cost permanent life insurance protection.
C. policyowner wants to borrow against the life insurance policy values.
D. policyowner desires an accumulation of cash values.
Question 3
The act of using misrepresentation to induce an insured person to terminate an existing policy and purchase a new policy is referred to as
A. rebating.
B. churning.
C. twisting.
D. subrogation.
Question 4
Employees covered by an employer health plan are issued an insurance
A. certificate.
B. covenant.
C. contract.
D. policy.
Question 5
In terms of consideration, in which of the following circumstances is a health insurance contract effective?
A. When the insured pays the premium and the policy is issued as applied for.
B. When the insurance company provides the services promised in the contract.
C. When the contract has been signed by both the insured and the insurance company.
D. When the insured pays the premium for a plan.
Solutions:
| Question 1 Answer: B | Question 2 Answer: A | Question 3 Answer: C | Question 4 Answer: A | Question 5 Answer: A |
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