Oklahoma Insurance Adjuster's License
Exam Questions with correct Answers
2025-2026 A+ Graded.
Which of the following statements about WC is correct? - ANS-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: - ANS-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 of performing his job duties. Sooner insurance procedures were medically
unnecessary. Sooners had Tim submit to a medical examination by a licensed reviewing
physician, Dr. Denny, who created a report outlining the exact procedures that he felt were
medically unnecessary. Tim's treating physician requests a copy of Dr. Denny's report. How long
does Sooners insurance company have to mail this report to Tim's treating physician? -
ANS-within 15 days of the written request.
All of the following are true regarding how an injured employee in OK may select his or her
medical treatment in the event if job-related accident, EXCEPT: - ANS-the employee does not
have the right to select their own physician at any time.
All of the following describe one of the four elements of a negligent act, EXCEPT: - ANS-the
defendant entered into a legal contract w the plaintiff.
Which of the following is the correct description of the "AMA guide to evaluation of permanent
impairment"? - ANS-the guide lists a set of medical criteria used by physicians to form the basis
for established medical ratings of permanent impairment..
All of the following are true statements regarding apprentice adjusters license in OK, EXCEPT: -
ANS-an apprentice license is good for one year.
An insurer in OK may cancer or nonrenewal of a Homeowner's policy that has been in effect for
more than 45 days for all of the following reasons, EXCEPT: - ANS-two consecutive burglary
claims
, A compensable injury means damage or harm to: I. the physical structure of the body II.
Prosthetic appliances III. Eyeglasses IV. Hearing aids - ANS-*all of the above.
The estimated annual premium for WC policy will be based on all of the following, EXCEPT: -
ANS-the average premium of insureds in the same area working in the same industry.
Every foreign an alien insurer licensed in OK must be examined at least once every __ years: -
ANS-5.
Every licensee must keep at the licensee's place of business the usual and customary records
pertaining to transactions authorized by the license for at least __ immediately following the date
of completion of the transaction: - ANS-3 years.
Who administers the WC laws in OK? - ANS-the OK WC court.
When a state is "monopolistic" w WC coverage, employers in that state are: - ANS-required to
purchase their WC coverage from the state-funded plan.
Insurance binders in OK can be issued for a 90-day period. What if coverage needs to be bound
beyond 90 days? - ANS-the binder can be extended w the written permission of the OK
commissioner.
An insurer's certificate of authority in OK must be renewed each year by: - ANS-March 1.
An adjuster in OK who does not comply w the mandated continuing education requirements
may be subject to all of the following, EXCEPT: - ANS-a fine of not more than $5,000.
What must the insurer do, regarding a proof of loss that is require on a property loss that
contains a provision that proof of loss must be tendered within 60 days of the loss? - ANS-the
insurer must place in bold type on the proof of loss that the 60-day proof od loss provision
applies.
In OK, if an insurer does not make an offer to settle a claim after rcv'ing a satisfactory proof of
loss within 90 days when liability is clear, what is the penalty, if any, that applies? - ANS-15%
interest on the judgment until payment is made.
How often is the OK insurance commissioner required to examine domestic insurers? - ANS-as
often as the commissioner deems appropriate but at least once every 5 years.
If an employee has sustained a permanent total disability in a work related incident, what
percentage of his average weekly wage is paid? - ANS-70%.
Which of the following is not true regarding the OK continuing education program? -
ANS-Excess CE hours may not be carried over to the next reporting period.
Exam Questions with correct Answers
2025-2026 A+ Graded.
Which of the following statements about WC is correct? - ANS-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: - ANS-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 of performing his job duties. Sooner insurance procedures were medically
unnecessary. Sooners had Tim submit to a medical examination by a licensed reviewing
physician, Dr. Denny, who created a report outlining the exact procedures that he felt were
medically unnecessary. Tim's treating physician requests a copy of Dr. Denny's report. How long
does Sooners insurance company have to mail this report to Tim's treating physician? -
ANS-within 15 days of the written request.
All of the following are true regarding how an injured employee in OK may select his or her
medical treatment in the event if job-related accident, EXCEPT: - ANS-the employee does not
have the right to select their own physician at any time.
All of the following describe one of the four elements of a negligent act, EXCEPT: - ANS-the
defendant entered into a legal contract w the plaintiff.
Which of the following is the correct description of the "AMA guide to evaluation of permanent
impairment"? - ANS-the guide lists a set of medical criteria used by physicians to form the basis
for established medical ratings of permanent impairment..
All of the following are true statements regarding apprentice adjusters license in OK, EXCEPT: -
ANS-an apprentice license is good for one year.
An insurer in OK may cancer or nonrenewal of a Homeowner's policy that has been in effect for
more than 45 days for all of the following reasons, EXCEPT: - ANS-two consecutive burglary
claims
, A compensable injury means damage or harm to: I. the physical structure of the body II.
Prosthetic appliances III. Eyeglasses IV. Hearing aids - ANS-*all of the above.
The estimated annual premium for WC policy will be based on all of the following, EXCEPT: -
ANS-the average premium of insureds in the same area working in the same industry.
Every foreign an alien insurer licensed in OK must be examined at least once every __ years: -
ANS-5.
Every licensee must keep at the licensee's place of business the usual and customary records
pertaining to transactions authorized by the license for at least __ immediately following the date
of completion of the transaction: - ANS-3 years.
Who administers the WC laws in OK? - ANS-the OK WC court.
When a state is "monopolistic" w WC coverage, employers in that state are: - ANS-required to
purchase their WC coverage from the state-funded plan.
Insurance binders in OK can be issued for a 90-day period. What if coverage needs to be bound
beyond 90 days? - ANS-the binder can be extended w the written permission of the OK
commissioner.
An insurer's certificate of authority in OK must be renewed each year by: - ANS-March 1.
An adjuster in OK who does not comply w the mandated continuing education requirements
may be subject to all of the following, EXCEPT: - ANS-a fine of not more than $5,000.
What must the insurer do, regarding a proof of loss that is require on a property loss that
contains a provision that proof of loss must be tendered within 60 days of the loss? - ANS-the
insurer must place in bold type on the proof of loss that the 60-day proof od loss provision
applies.
In OK, if an insurer does not make an offer to settle a claim after rcv'ing a satisfactory proof of
loss within 90 days when liability is clear, what is the penalty, if any, that applies? - ANS-15%
interest on the judgment until payment is made.
How often is the OK insurance commissioner required to examine domestic insurers? - ANS-as
often as the commissioner deems appropriate but at least once every 5 years.
If an employee has sustained a permanent total disability in a work related incident, what
percentage of his average weekly wage is paid? - ANS-70%.
Which of the following is not true regarding the OK continuing education program? -
ANS-Excess CE hours may not be carried over to the next reporting period.
