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Download Insurance Licensing : Ok-Life-Accident-and-Health-or-Sickness-Producer Questions & Answers as PDF & Test Software

Last Updated: Sep 13, 2026

No. of Questions: 157 Questions & Answers with Testing Engine

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Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Exam Overview:

Certification Vendor:Oklahoma Insurance Department (OID)
Exam Name:Oklahoma Life, Accident and Health or Sickness Producer Examination
Exam Number:OK-LAH Producer Exam
Exam Price:$60–$80 USD (varies by PSI testing fee schedule)
Exam Format:Multiple-choice, Proctored exam (PSI testing center or approved remote format), Computer-based testing
Real Exam Qty:100-150 (varies by form; includes scored and pretest items)
Related Certifications:Accident and Health Insurance Producer
Annuities Training (State-required, if applicable)
Life Insurance Producer
Passing Score:70%
Certificate Validity Period:2 years (renewable per Oklahoma licensing requirements)
Exam Duration:120-150
Available Languages:English
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/

Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Exam Syllabus Topics:

SectionObjectives
Topic 1: General Insurance Principles- Risk management and insurance concepts
- Insurable interest and underwriting basics
Topic 2: State Insurance Regulations (Oklahoma)- Oklahoma Insurance Code and regulations
- Unfair trade practices and ethics
- Producer licensing requirements and conduct
Topic 3: Life Insurance Concepts- Types of life insurance policies
- Beneficiaries and settlements
- Policy provisions, riders, and options
Topic 4: Annuities- Fixed and variable annuities
- Annuity payout options
Topic 5: Accident and Health Insurance- Medical expense coverage concepts
- Disability income insurance
- Health insurance policy types

Common Questions About the Insurance Licensing Ok-Life-Accident-and-Health-or-Sickness-Producer Exam, Answered

The Ok-Life-Accident-and-Health-or-Sickness-Producer exam, officially titled Oklahoma Life, Accident, and Health or Sickness Producer Exam, is the qualifying exam for the Life, Accident and Health or Sickness Insurance Producer License certification, which sits at the Associate level. Earning it shows employers that you have the skills the credential stands for, and it is a solid step forward on a Insurance Licensing career path. It also connects to Life Insurance Producer, Accident and Health Insurance Producer, Annuities Training (State-required, if applicable), so the effort you put in now keeps paying off as you advance.

The Ok-Life-Accident-and-Health-or-Sickness-Producer exam gives you 100-150 (varies by form; includes scored and pretest items) questions to complete within 120-150. Do the math before exam day: divide the total time by the question count to set a steady per-question pace, and flag any item that stalls you so you can return to it after securing the easier points. The most reliable way to build that rhythm is a full timed practice test under the same limit, which is exactly what TestSimulate's test engines are designed for.

The passing score for Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer is 70%, and the official registration fee is $60–$80 USD (varies by PSI testing fee schedule). Keep in mind that a retake means paying that fee again in full, which makes an honest self-check worthwhile: before you book, sit a timed practice test and make sure you are consistently scoring above the passing line with some margin to spare.

According to the official requirements: Typically 40 hours of state-approved prelicensing education (Life 20 hours + Accident & Health 20 hours). Eligibility rules do change from time to time, so confirm the current details on the official exam page before you register.

Registration for the Ok-Life-Accident-and-Health-or-Sickness-Producer exam is handled through the official channels below:

The exam is delivered in the following format: Computer-based exam administered via PSI testing centers (and/or approved remote proctoring where available). Pick a date that leaves room for at least one full timed practice test beforehand.

Insurance Licensing recommends the following official training options for candidates preparing for Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer:

Courses build the foundation, but they work best alongside question practice. That is where TestSimulate comes in: the 157 practice questions in our Ok-Life-Accident-and-Health-or-Sickness-Producer package let you rehearse the exam format at your own pace and see exactly where you stand.

Yes — TestSimulate offers a free PDF demo of the Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer material, so you can review the question style and answer quality before you spend anything. After purchase, you also receive 365 days of free updates, and if your product expires you can extend the update service at a 50% discount from your member zone.

If you take the corresponding exam within 60 days of your purchase and do not pass, you are covered by the 100% Money Back Guarantee under clear conditions. To claim a full refund, submit a scan of your exam enrollment slip and your official Score Report PDF within two days of the exam; requests are processed within seven days. Note that sitting the exam within three days of purchase is not eligible, purchases that were never followed by an exam sitting do not qualify, free materials and expired orders are excluded, and the candidate name must match the payer name. Prefer an exchange instead? You can swap your product for two free exam packages of equal value and keep your update service. Delivery is immediate: your Ok-Life-Accident-and-Health-or-Sickness-Producer material is ready for instant download and is also emailed to you within one minute of payment — contact customer service if nothing arrives within two hours. There is no limit on the number of computers you can install it on.

The current Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer syllabus is organized into 5 exam domains. The first three are:

  • Life Insurance Concepts
  • Accident and Health Insurance
  • General Insurance Principles

For the full domain and subtopic breakdown, see the Exam Topics section above — that is the outline your TestSimulate practice questions are mapped to.

Insurance Licensing Oklahoma Life, Accident, and Health or Sickness Producer Sample Questions:

Question #1

Any act, practice, or arrangement, at or prior to a policy issuance for the benefit of a person who does NOT have an insurable interest in the insured is called a

  • A. settlement option.
  • B. stranger-owned life insurance (STOLI) policy.
  • C. financial transaction.
  • D. life settlement.
Answer: B

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question #2

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. dual capacity
  • B. joint
  • C. whole
  • D. family term
Answer: B

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question #3

Within a specified number of days, a free-look provision gives the

  • A. policyowner the right to return the policy for a partial refund.
  • B. company the right to alter the policy.
  • C. company the right to rescind the policy.
  • D. policyowner the right to return the policy for a full refund.
Answer: D

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question #4

The settlement option that allows proceeds to remain with the insurer and the earnings to be paid to the beneficiary on a monthly basis is called

  • A. fixed amount.
  • B. lump sum.
  • C. interest only.
  • D. fixed period.
Answer: C

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question #5

An insured individual takes out a life insurance policy on himself and commits suicide 13 months later. Since the policy has an expressed provision limiting the liability of the insurer against suicide, the insurer is

  • A. not liable to make any payouts on the policy.
  • B. obligated to reimburse the amount of the premiums paid for the policy.
  • C. liable to pay the full value of the policy.
  • D. liable for the full value of the policy if the insured individual was proven to be insane at the time of his death.
Answer: A

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

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