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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Ethics and Professional Conduct | 10-15% | - Disclosure requirements - Handling customer complaints - Fiduciary responsibilities - Antifraud regulations |
| Topic 2: Accident and Sickness Insurance | 15-20% | - Critical illness insurance - Sickness-related coverage - Hospital indemnity insurance - Accident-only policies |
| Topic 3: Oklahoma Insurance Regulations | 20-25% | - Oklahoma Insurance Code requirements - Market conduct regulations - Licensing requirements and procedures - Consumer protection regulations - Unfair trade practices prohibitions |
| Topic 4: Insurance Marketing and Sales | 10-15% | - Suitable product recommendations - Recordkeeping requirements - Sales practices and disclosures - Replacement regulations |
| Topic 5: Health Insurance Fundamentals | 20-25% | - Dental and vision coverage - Major medical insurance - Preferred provider organizations (PPOs) - Health maintenance organizations (HMOs) - Disability income insurance |
| Topic 6: Life Insurance Basics | 15-20% | - Policy provisions and riders - Beneficiary designations - Cash value and loan provisions - Types of life insurance policies |
A policy that provides coverage for persons with chronic diseases or disabilities, and often covers nursing home care, home-based care, and respite care is known as
Correct Answer: B 🗳️
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If a primary beneficiary dies, life insurance benefits are then paid to
Correct Answer: D 🗳️
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Long-Term Care Policies exclude coverage for all of the following EXCEPT
Correct Answer: A 🗳️
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Which of the following is a potential DISADVANTAGE of a fixed annuity?
Correct Answer: B 🗳️
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Any person of competent legal capacity may contract for life and health insurance at a MINIMUM age of
Correct Answer: B 🗳️
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