©THEBRIGHT EXAM SOLUTIONS 2024/2025
ALL RIGHTS RESERVED.
P&C Oklahoma License Exam Questions
With Verified Answers
Alien - Answers✔Which type of insurer is incorporated or organized under the law of a country
other than the United States?
Insurer - Answers✔Who does an insurance producer represent when neglecting an insurance
contract.
Writing Oklahoma Insurance laws - Answers✔Which of the following is not a duty of the
insurance commissioner.
15 days - Answers✔An insurer must appoint a producer within how many days after accepting
business from that producer?
5 years - Answers✔The Commissioner must examine the affair of all domestic insurance
companies every?
A certificate of authority - Answers✔An insurance company's license to do business in
Oklahoma in called?
Pass an examination - Answers✔To be licensed, a producer must meet which of the following
qualifications?
Writing advertisements for insurance companies - Answers✔Which of the following jobs does
NOT require a certificate of authority or license?
Internal revenue returns - Answers✔Which is NOT a consideration of the Commissioners while
examining an insurer?
Cease and desist order - Answers✔Which of the following is a penalty for engaging in an unfair
method of competition?
24 hours - Answers✔Adjusters and producers must complete how many hours if continuing
education biennially?
1
, ©THEBRIGHT EXAM SOLUTIONS 2024/2025
ALL RIGHTS RESERVED.
30 days - Answers✔Homeowners policy renewal notices must be mailed at least how many days
prior to policy expiration?
Replacing life insurance policies - Answers✔Which of the following is NOT an unfair trade
practice?
May use standardize credit explanations provided by the consumer reporting agency as the
reason.insureer. - Answers✔If an insurer takes an adverse action based upon credit information,
the insurer.
To protect policyholders, insureds, and claimants from insurers who become insolvent. -
Answers✔What is the purpose of the Property and Casualty Insurance Guaranty Association.
A producer must be appointed to transact insurance business for at least one insurer. -
Answers✔Which of the following statements about the appointment of producers is CORRECT?
A fine for not more than $5,000 - Answers✔An adjuster who does not comply with Oklahoma's
continuing education requirement may be subject to all of the EXCEPT.
Casualty - Answers✔Limited lines producers may be licenced to transact all of the following
insurance business EXCEPT
Being at least 21 years old - Answers✔All of the following are requirements to be licensed as an
adjuster in Oklahoma EXCEPT
The insurer obtaining reinsurance - Answers✔After an insurance policy has been renewed, the
policy may be canceled with 10 days notice for all the following reasons, EXCEPT.
Defamation - Answers✔Circulating maliciously critical statement about an insurer's financial
condition order to injure the insurer is called?
Paying bonuses to policyowners out of surplus accumulated from nonparticipating insurance -
Answers✔All of the following constitute unfair trade practices EXCEPT
Insurer - Answers✔Who is responsible for providing the proof of loss form?
60 days - Answers✔Usually, a proof of loss form must be completed and returned within how
many days of receipt?
90 days - Answers✔An insurer must respond to the insured after receiving the proof of loss form
within how many days?
Receive any new business directly through an eligible surplus lines licensee or broker -
Answers✔Before selling insurance to the public, an unauthorized insurer must?
6% - Answers✔What is the surplus lines premium tax rate?
2
ALL RIGHTS RESERVED.
P&C Oklahoma License Exam Questions
With Verified Answers
Alien - Answers✔Which type of insurer is incorporated or organized under the law of a country
other than the United States?
Insurer - Answers✔Who does an insurance producer represent when neglecting an insurance
contract.
Writing Oklahoma Insurance laws - Answers✔Which of the following is not a duty of the
insurance commissioner.
15 days - Answers✔An insurer must appoint a producer within how many days after accepting
business from that producer?
5 years - Answers✔The Commissioner must examine the affair of all domestic insurance
companies every?
A certificate of authority - Answers✔An insurance company's license to do business in
Oklahoma in called?
Pass an examination - Answers✔To be licensed, a producer must meet which of the following
qualifications?
Writing advertisements for insurance companies - Answers✔Which of the following jobs does
NOT require a certificate of authority or license?
Internal revenue returns - Answers✔Which is NOT a consideration of the Commissioners while
examining an insurer?
Cease and desist order - Answers✔Which of the following is a penalty for engaging in an unfair
method of competition?
24 hours - Answers✔Adjusters and producers must complete how many hours if continuing
education biennially?
1
, ©THEBRIGHT EXAM SOLUTIONS 2024/2025
ALL RIGHTS RESERVED.
30 days - Answers✔Homeowners policy renewal notices must be mailed at least how many days
prior to policy expiration?
Replacing life insurance policies - Answers✔Which of the following is NOT an unfair trade
practice?
May use standardize credit explanations provided by the consumer reporting agency as the
reason.insureer. - Answers✔If an insurer takes an adverse action based upon credit information,
the insurer.
To protect policyholders, insureds, and claimants from insurers who become insolvent. -
Answers✔What is the purpose of the Property and Casualty Insurance Guaranty Association.
A producer must be appointed to transact insurance business for at least one insurer. -
Answers✔Which of the following statements about the appointment of producers is CORRECT?
A fine for not more than $5,000 - Answers✔An adjuster who does not comply with Oklahoma's
continuing education requirement may be subject to all of the EXCEPT.
Casualty - Answers✔Limited lines producers may be licenced to transact all of the following
insurance business EXCEPT
Being at least 21 years old - Answers✔All of the following are requirements to be licensed as an
adjuster in Oklahoma EXCEPT
The insurer obtaining reinsurance - Answers✔After an insurance policy has been renewed, the
policy may be canceled with 10 days notice for all the following reasons, EXCEPT.
Defamation - Answers✔Circulating maliciously critical statement about an insurer's financial
condition order to injure the insurer is called?
Paying bonuses to policyowners out of surplus accumulated from nonparticipating insurance -
Answers✔All of the following constitute unfair trade practices EXCEPT
Insurer - Answers✔Who is responsible for providing the proof of loss form?
60 days - Answers✔Usually, a proof of loss form must be completed and returned within how
many days of receipt?
90 days - Answers✔An insurer must respond to the insured after receiving the proof of loss form
within how many days?
Receive any new business directly through an eligible surplus lines licensee or broker -
Answers✔Before selling insurance to the public, an unauthorized insurer must?
6% - Answers✔What is the surplus lines premium tax rate?
2
