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| Section | Weight | Objectives |
|---|---|---|
| Life Insurance Basics and Policies | 25% | - Policy provisions, riders, and options - Types of life insurance: term, whole, universal, variable - Beneficiaries, claims, and settlement options |
| General Insurance Concepts | 15% | - Underwriting, premium calculation, and taxation - Contract law and principles - Insurable interest and risk management |
| Insurance Regulation | 30% | - State insurance laws and Maryland regulations - Ethics, unfair trade practices, and consumer protection - Policy delivery, replacement rules, and disclosure - Licensing requirements and procedures |
| Accident and Health / Sickness Insurance | 20% | - Health insurance basics and policy provisions - HMO, PPO, group vs individual coverage - Disability income, medical expense, and long-term care - Mandatory benefits and state-specific health rules |
| Annuities and Retirement Products | 10% | - Tax treatment and suitability standards - Fixed, indexed, and variable annuities |
A company's universal life insurance policy must disclose the:
Correct Answer: D 🗳️
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What must the insurer provide to certificate holders when a group Medicare Supplement insurance policy is terminated and not replaced?
Correct Answer: D 🗳️
Explanation: Only visible for RealExamFree members. You can sign-up / login (it's free).
Which expenses are covered by Medicare Part D?
Correct Answer: D 🗳️
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Which activity requires an individual to be licensed as an adviser, rather than as a producer?
Correct Answer: A 🗳️
Explanation: Only visible for RealExamFree members. You can sign-up / login (it's free).
An individual purchased an annuity with a series of premium payments continuing over a period of twenty years. The purchase payments were made during the:
Correct Answer: C 🗳️
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Oklahoma Life, Accident, and Health or Sickness Producer Exam
Life and Accident and Health or Sickness Producer - Combo Series 20-30
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