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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Oklahoma State-Specific Knowledge | 28% | - Consumer Protection and Ethics
|
| Topic 2: General Insurance Knowledge | 72% | - Annuities
|
1. A new mother is guaranteed a 48-hour hospital stay after a regular delivery of a child under which federal law and regulations for group health insurance?
A) HIPAA.
B) COBRA.
C) ERISA.
D) Medicaid.
2. Which of the following is NOT a right of the life insurance policyowner?
A) Assign or transfer the policy.
B) Revoke an absolute assignment.
C) Select and change a beneficiary.
D) Borrow from the cash values.
3. Which type of life insurance policy is written under a single contract for both spouses in which it is payable upon the first death?
A) joint
B) family term
C) dual capacity
D) whole
4. Under a Long-Term Care policy, all of the following are Activities of Daily Living EXCEPT
A) toileting.
B) dressing.
C) eating.
D) talking.
5. An insurance producer sells fake policies and gambles the premium payments at a casino. Which entity would not be involved in the investigation?
A) Oklahoma Insurance Department Anti-Fraud Unit
B) Oklahoma State Bureau of Investigation
C) Oklahoma Attorney General
D) Securities Exchange Commission
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: D |
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