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Oklahoma P&C Insurance Exam 2019 questions with verified solutions(updated)
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Oklahoma P&C Insurance Exam 2019 questions with verified solutions(updated)
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Oklahoma P&C Insurance Exam2019 questions with verified
solutions(updated)
Alien - answer Which type of insurer is incorporated or organized under the laws
of a country other than the United States?
Insurer - answer Whom does an insurance producer represent when negotiating
an insurance contract?
Writing Oklahoma Insurance Laws - answer Which of the following is NOT a duty
of the Insurance Commissioner?
15 - answer An insurer must appoint a producer within how many days after
accepting business from that producer?
5 Years - answer The Commissioner must examine the affairs of all domestic
Insurance companies every
a certificate of authority - answer An insurance company's license to do business
in Oklahoma is called
Pass an examination - answer To be licensed, a producer must meet which of the
following qualifications?
Writing advertisements for insurance companies - answer Which of the following
jobs does NOT require a certificate of authority or license?
Internal revenue returns - answer Which of the following is NOT a consideration of
the Commissioner while examining an insurer?
Cease and desist order - answer Which of the following is a penalty for engaging
in an unfair method of competition?
, $60 biennially for a producer's license - answer Which of the following licensing
fees is CORRECT?
Consultant - answer Which of the following does NOT need to be appointed by at
least one insure to transact Insurance business?
Replacing life insurance policies - answer Which of the following is NOT an unfair
trade practice?
$500 - answer Any producer who fails to comply with the continuing education
requirements may be subject to a fine of up to
To protect policyholders, insureds, and claimants from Insurance who become
insolvent - answer What is the purpose of the Property and Casualty Insurance
Guaranty Association?
A producer must be appointed to transact Insurance business for at least on
insurer - answer Which of the following statements about the appointment of
producers is CORRECT?
Censure - answer A producer who does not comply with Oklahoma's continuing
education requirements may be subject to all of the following EXCEPT
Casualty - answer Limited lines producers may be licensed to transact all of the
following insurance business
Their license are valid for 1 year - answer Which of the following statements
about insurance consultants is NOT correct?
Twisting - answer Using misrepresentation to persuade an insured to surrender an
insurance policy is called
Defamation - answer Circulating a maliciously critical statement about an
insurer's financial condition in order to injure the insurer is called
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