P&C Oklahoma License Exam
$10,000 - ANS-According to the Oklahoma Workers Compensation Act, the most an
business enterprise will should pay for real funeral expenses for a deceased employee is
$5,000 and jailed for as much as five years - ANS-A producer who keeps to transact
insurance after the commissioner has suspended his license may be fined a maximum of
twelve months - ANS-A lapsed producers license can be reinstated inside ______ months
from the renewal due date with out passing a written exam.
12:01 am Standard time at the expiration date cited on coverage - ANS-All motor automobile
liability regulations expire at
15 days - ANS-A licensed resident manufacturer need to tell the Commissioner of a change
if address within how many days of the alternate?
15 days - ANS-An insurer need to rent a manufacturer within how many days after accepting
business from that manufacturer?
24 hours - ANS-Adjusters and manufacturers have to whole what number of hours if
persevering with education biennially?
25/50/25 - ANS-What are the minimal limits of insurance for a motor car legal responsibility
policy issued in Oklahoma?
25% - ANS-The maximum quantity of managed commercial enterprise an agent may
additionally write without being in violation of the Oklahoma insurance code is?
3 days - ANS-Employees who are quickly definitely disabled do NOT get hold of any
incapacity blessings beneath people compensation for what number of calendar days after
the disability happens?
3 years - ANS-Insured motorist who correctly whole a motor car twist of fate prevention.
30 days - ANS-_____ days in advance observe for nonrenewal of owners or any non-public
residential coverage policy
30 days - ANS-Homeowners policy renewal notices should be mailed at least how many
days previous to coverage expiration?
5 years - ANS-The Commissioner have to observe the affair of all domestic coverage
companies every?
, 52 weeks - ANS-Payments for transient partial incapacity might also NOT exceed what
number of weeks in the combination?
6% - ANS-What is the surplus lines premium tax fee?
60 days - ANS-Usually, a evidence of loss shape must be completed and returned inside
what number of days of receipt?
70% - ANS-Spouses of deceased employees are entitled to how many of the employee's
common weekly wages?
90 days - ANS-An insurer must reply to the insured after receiving the evidence of loss
shape within how many days?
A certificates of authority - ANS-An insurance company's license to do commercial
enterprise in Oklahoma in called?
A best for not extra than $5,000 - ANS-An adjuster who does now not follow Oklahoma's
continuing schooling requirement can be difficulty to all of the EXCEPT.
A manufacturer must be appointed to transact coverage enterprise for at the least one
insurer. - ANS-Which of the subsequent statements about the appointment of manufacturers
is CORRECT?
Alien - ANS-Which type of insurer is integrated or organized under the regulation of a
country other than the USA?
At time of sale and yearly thereafter. - ANS-A license ought to offer to clients a clean and
conspicuous written word of the insurer's privacy regulations and practices no much less
often than
Auto Assigned Risk Plan - ANS-Which of the subsequent affords motor cars legal
responsibility insurance to the ones candidates who would otherwise be uninsurable?
Being at least 21 years vintage - ANS-All of the subsequent are requirements to be licensed
as an adjuster in Oklahoma EXCEPT
Business entity - ANS-A enterprise, affiliation, partnership, restricted partnership, or other
legal entity.
Casualty - ANS-Limited traces manufacturers may be licenced to transact all of the following
insurance commercial enterprise EXCEPT
Cease and desist order - ANS-Which of the following is a penalty for carrying out an unfair
approach of competition?
Closing the Sale - ANS-Which of the following courses could NOT be authorized for
persevering with schooling credit score?
$10,000 - ANS-According to the Oklahoma Workers Compensation Act, the most an
business enterprise will should pay for real funeral expenses for a deceased employee is
$5,000 and jailed for as much as five years - ANS-A producer who keeps to transact
insurance after the commissioner has suspended his license may be fined a maximum of
twelve months - ANS-A lapsed producers license can be reinstated inside ______ months
from the renewal due date with out passing a written exam.
12:01 am Standard time at the expiration date cited on coverage - ANS-All motor automobile
liability regulations expire at
15 days - ANS-A licensed resident manufacturer need to tell the Commissioner of a change
if address within how many days of the alternate?
15 days - ANS-An insurer need to rent a manufacturer within how many days after accepting
business from that manufacturer?
24 hours - ANS-Adjusters and manufacturers have to whole what number of hours if
persevering with education biennially?
25/50/25 - ANS-What are the minimal limits of insurance for a motor car legal responsibility
policy issued in Oklahoma?
25% - ANS-The maximum quantity of managed commercial enterprise an agent may
additionally write without being in violation of the Oklahoma insurance code is?
3 days - ANS-Employees who are quickly definitely disabled do NOT get hold of any
incapacity blessings beneath people compensation for what number of calendar days after
the disability happens?
3 years - ANS-Insured motorist who correctly whole a motor car twist of fate prevention.
30 days - ANS-_____ days in advance observe for nonrenewal of owners or any non-public
residential coverage policy
30 days - ANS-Homeowners policy renewal notices should be mailed at least how many
days previous to coverage expiration?
5 years - ANS-The Commissioner have to observe the affair of all domestic coverage
companies every?
, 52 weeks - ANS-Payments for transient partial incapacity might also NOT exceed what
number of weeks in the combination?
6% - ANS-What is the surplus lines premium tax fee?
60 days - ANS-Usually, a evidence of loss shape must be completed and returned inside
what number of days of receipt?
70% - ANS-Spouses of deceased employees are entitled to how many of the employee's
common weekly wages?
90 days - ANS-An insurer must reply to the insured after receiving the evidence of loss
shape within how many days?
A certificates of authority - ANS-An insurance company's license to do commercial
enterprise in Oklahoma in called?
A best for not extra than $5,000 - ANS-An adjuster who does now not follow Oklahoma's
continuing schooling requirement can be difficulty to all of the EXCEPT.
A manufacturer must be appointed to transact coverage enterprise for at the least one
insurer. - ANS-Which of the subsequent statements about the appointment of manufacturers
is CORRECT?
Alien - ANS-Which type of insurer is integrated or organized under the regulation of a
country other than the USA?
At time of sale and yearly thereafter. - ANS-A license ought to offer to clients a clean and
conspicuous written word of the insurer's privacy regulations and practices no much less
often than
Auto Assigned Risk Plan - ANS-Which of the subsequent affords motor cars legal
responsibility insurance to the ones candidates who would otherwise be uninsurable?
Being at least 21 years vintage - ANS-All of the subsequent are requirements to be licensed
as an adjuster in Oklahoma EXCEPT
Business entity - ANS-A enterprise, affiliation, partnership, restricted partnership, or other
legal entity.
Casualty - ANS-Limited traces manufacturers may be licenced to transact all of the following
insurance commercial enterprise EXCEPT
Cease and desist order - ANS-Which of the following is a penalty for carrying out an unfair
approach of competition?
Closing the Sale - ANS-Which of the following courses could NOT be authorized for
persevering with schooling credit score?
