Oklahoma insurance exam Study guides, Class notes & Summaries

OKLAHOMA LIFE & HEALTH INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS In Oklahoma, a life insurance policy loan may NOT exceed an interest rate of - correct answer 8% Under HIPAA requirements, eligibility for the pre-existing conditions exclusion waiver under new coverage is lost if - correct answer there is a break in coverage of more than 63 days Which of the following health insurance provisions requires that the application becomes part of the policy? - correct answer Entire Contract...

Actuary a mathematician employed by the insurer who develops the rates for the insurer. Underwriter (Home Office Underwriter) and employee of the insurer What three things do Underwriters do? Gathers information analyses exposures (determines risk) selects risk for the insurer underwriting the process of selecting risks Producer (agent) (field underwriter) (agent underwriter) a person licensed to solicit, negotiate, sell, or service (practice) insurance on beha...

OKLAHOMA LIFE AND HEALTH INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS All of the following are included as part of a contract in the entire contract provision EXCEPT the riders application changes made by the producer policy - correct answer changes made by the producer Health insurance involves two perils, accident and ____. - correct answer sickness All of the following riders can increase the death benefit amount EXCEPT Cost of Living Waiver of Premium Accidental Death ...

Oklahoma Life & Health Insurance Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)

Oklahoma Life and Health Insurance Exam Questions and Answers Latest (2024 / 2025) (Verified Answers)

Which of the following statements about WC is correct? - ANSWER-WC is an exclusive remedy. According to the Jones Act, if a seaman is negligent in a claim against the employer, which of the following is correct: - ANSWER-violation of posted safety standards can affect the outcome of the claim. The Sooners insurance company has written WC policies for several employers in OK. Tim's employer, Tiny Trinkets, has submitted a claim on Tim's behalf for a leg injury he sustained in the course o...

OKLAHOMA LIFE AND HEALTH INSURANCE EXAM 2024/2025

Oklahoma Life & Health Insurance Exam Latest Update Graded A+ In Oklahoma, a life insurance policy loan may NOT exceed an interest rate of 8% Under HIPAA requirements, eligibility for the pre-existing conditions exclusion waiver under new coverage is lost if there is a break in coverage of more than 63 days Which of the following health insurance provisions requires that the application becomes part of the policy? Entire Contract clause impatient psychiatric care is covered unde...

Oklahoma Life and Health Insurance Exam Questions and Answers 100% Pass All of the following are included as part of a contract in the entire contract provision EXCEPT the riders application changes made by the producer policy changes made by the producer Health insurance involves two perils, accident and ____. sickness All of the following riders can increase the death benefit amount EXCEPT Cost of Living Waiver of Premium Accidental Death Rider Guaranteed Insurabili...

Life and Health Insurance Exam (Oklahoma) with 100% Correct Answers | Latest Update