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Exams · Certifications · Licensing

Life and Health Insurance Producer Exam

Licensing (OK): practice questions

Our Life & Health Insurance bank has 11 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Oklahoma

Oklahoma presumes a license is being used to write controlled business when, in any 12-month period, commissions from controlled business exceed what share of all commissions?

  1. One-third
  2. 10 percent
  3. 50 percent
  4. 25 percent
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D. 25 percent — 36 O.S. 1435.21(B).

Question 2 · Oklahoma

Within how many days must an Oklahoma licensee report a change of legal name, address or e-mail address to the Commissioner?

  1. Ten days
  2. Sixty days
  3. Thirty days
  4. Ninety days
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C. Thirty days — 36 O.S. 1435.8(F).

Question 3 · Oklahoma

An Oklahoma individual producer lets the license lapse. Within what period may the producer reinstate the same license without retaking the exam (if it was not revoked or suspended)?

  1. Within 3 years, if all CE hours are fully current
  2. Within 12 months from the renewal fee due date
  3. Within 30 days from the license expiration date
  4. Within 6 months, with the insurer's written consent
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B. Within 12 months from the renewal fee due date — 36 O.S. 1435.8(C).

Question 4 · Oklahoma

After passing the Oklahoma producer licensing examination, within what time must the applicant apply for the license?

  1. Within one year after passing
  2. Within ninety days after passing
  3. Within two years after passing
  4. Within six months after passing
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C. Within two years after passing — 36 O.S. 1435.6(I).

Question 5 · Oklahoma

An Oklahoma producer is charged with a crime. When must the producer report the prosecution to the Commissioner?

  1. At the next renewal, on the license application
  2. Within 10 days after the arrest or citation is issued
  3. Within 30 days of the initial pretrial hearing date
  4. Only after a final conviction has been entered
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C. Within 30 days of the initial pretrial hearing date — 36 O.S. 1435.18(B).

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