PSI licensure:certification
3210 E Tropicana
Las Vegas, NV 89121
www.psiexams.com
OKLAHOMA INSURANCE DEPARTMENT
INSURANCE EXAMINATIONS
CANDIDATE INFORMATION BULLETIN
Examinations by PSI ................................................ 1
Guidelines for License Application/Qualification........... 1
Examination Registration and Scheduling Procedures..... 2
Internet Registration.................................... 2
Telephone Registration ................................ 2
Fax Registration.......................................... 2
Standard Mail Registration............................ 3
Scheduling an Examination............................ 3
Canceling an Examination ............................. 3
Scheduling a Re-Examination......................... 3
Missed Appointment or Late Cancellation ........ 3
Special Examination Arrangements................. 3
Emergency Examination Center Closing........... 3
Social Security Confidentiality ....................... 3
Examination Site Locations ....................................... 3
Reporting to the Examination Site.............................. 4
Required Identification................................. 4
Security Procedures..................................... 4
Taking the Examination by Computer.......................... 4
Identification Screen.................................... 4
Tutorial ..................................................... 4
Examination Question Example ...................... 5
Examination Review..................................... 5
Score Reporting ...................................................... 5
Tips for Preparing for your License Examination............ 5
Examination Content Outline..................................... 6
Examination Registration Form................End of Bulletin
Special Arrangement Form......................End of Bulletin
Please refer to our website to check for the most updated information at www.psiexams.com
Copyright © 2007 by PSI licensure:certification Revised 8/20/2007
WWW.PSIEXAMS.COM 1
EXAMINATIONS BY PSI
This Candidate Information Bulletin provides you with
information about the examination and application process
for insurance licensing in the State of Oklahoma.
The Oklahoma Insurance Department has contracted with PSI
licensure:certification (PSI) to conduct the examination
program. PSI provides examinations through a network of
computer examination centers in Oklahoma. PSI works
closely with the State to be certain that examinations meet
local as well as national requirements in basic principles and
examination development standards.
The Oklahoma Insurance Department includes the Producers
Licensing Division which oversees Licensing and Continuing
Education Requirements for insurance adjusters, producers,
and Customer Service Representatives (CSRs); a Bail Bond
Division that is responsible for all aspects of licensing,
supervision and regulation of bail bondsmen in the state of
Oklahoma.
It also includes a Life, Accident & Health Division and a
Property & Casualty Division. “Who’s Who at the Oklahoma
Insurance Department”, which appears on the Department’s
Web site, contains a complete listing of divisions, directors
and telephone numbers. The Life and Health Division is
responsible for the receipt of all viatical settlement, life,
annuity, accident and health policy forms and utilization
review companies. The Property and Casualty Division reviews
rate and coverage filings for compliance with Oklahoma law.
GUIDELINES FOR LICENSE
APPLICATION/QUALIFICATION
APPLYING FOR A LICENSE
Candidates must submit an application to the Oklahoma
Insurance Department to receive authorization to take an
examination. Candidates may obtain this application from
the Department by phone at (405) 521-3916, or on the Web at
http://www.oid.state.ok.us. (Specific applications are
required for licensed insurance producers, CSR’s, or insurance
adjusters.) The Oklahoma Insurance Department will review
all applications and will mail an Examination Admission
Notice to applicants who qualify.
After receiving the Examination Admission Notice
(authorization to test) from the Oklahoma Insurance
Department, the candidate has 180 days to take the
examination. After receiving the notice, the candidate
should contact PSI as soon as possible to make an
examination reservation to ensure he/she gets the desired
examination date.
Oklahoma Insurance Department
Shepherd Mall
2401 NW 23rd Street, Suite 28
Oklahoma City, OK 73107
(405) 521-3916
(800) 522-0071 (in-state only)
www.oid.state.ok.us
LICENSE REQUIREMENTS AND ELIGIBILITY
Candidates for an insurance examination must be at least
eighteen (18) years old, and must be citizens of the United
States (or must possess a valid visa or I-94 card). Oklahoma
requires that all candidates undergo a background check,
which will be handled by the appointing company.
Applications may be denied if a candidate has been convicted
of or pleaded guilty or nolo contendere to any felony, or to a
misdemeanor involving moral turpitude or dishonesty.
PRODUCERS/CSR–MAJOR/ADJUSTER LINES
Following are the examinations offered to Producers/CSRs
and Adjusters.
License Type Examination
Life
Accident & Health
Life/Accident & Health
P & C Personal
P & C Combined
Title Producer
Producer
Aircraft Title
Life
Accident & Health
Life/Accident & Health
P & C Personal
P & C Combined
CSR
Aircraft Title
The major lines examination(s) are two-
part examinations consisting of a general
content area and a state-specific content
area. It is possible to pass one part and not
the other (partial pass). Retaking an
examination is detailed below.
Property, Casualty & Motor Vehicle
Casualty
Crop & Hail
Crime & Fidelity
Fie & Allied Lines (Property)
Motor Vehicle Physical Damage
Adjusters
Workers Compensation
CONTINUING EDUCATION (CE) REQUIREMENTS
Sixteen hours of CE (which must include two (2) hours of
Ethics) is required every two years for an producer license
renewal. A Customer Service Representative license renewal
requires twelve (12) hours of CE with two (2) hours of Ethics
every two years. Producers and CSRs licensed for Health
Insurance must also have one (1) hour of Healthcare Reform
and one (1) hour of Long Term Care to be in compliance.
Adjusters must have twelve (12) hours of CE every two (2)
years.
Those whose Oklahoma resident or non-resident license
expires must provide evidence of Continuing Education
WWW.PSIEXAMS.COM 2
compliance. In order to renew or reinstate a license, the
licensee must also pay the required fees and provide the
necessary renewal or reinstatement forms or applications,
and company appointments, if any.
ADMINISTRATIVE SUPPORT SERVICES
The Oklahoma Insurance Department will provide home state
certification, duplicate licenses, clearance letters, or a
printout of an producer’s record. All administrative services
requests must be forwarded to the Oklahoma Insurance
Department with the licensee name, Social Security number,
and license number. Fees vary. The Oklahoma Insurance
Department can provide a current listing of these fees.
CHANGE OF NAME OR ADDRESS
Licensees (Producer) are required by law to report any
change in address or name to the Oklahoma Insurance
Department within thirty (30) days of the change and;
Licensees (Adjuster) are required to report this information
within ten (10) days of the change. A licensee may change
their address by visiting, http://www.sircon.com/oklahoma,
to change their address. Simply click on the option, "Update
your address" and fill out the requested information.
Licensees should forward their original permanent license
along with a request for a name change, and should keep a
photocopy for their own records during the period of the
request. The Oklahoma Insurance Department will issue a
corrected license. There is a fee for this service.
PARTIAL PASS
A partial pass is allowed on the major lines examinations,
which are two-part examinations consisting of general and
state-specific information. Those who pass one part of and
examination and fail the other will receive a passing score
that is valid for thirty (30) days. Those who do not retake the
examination within that thirty-day period must submit a new
application, fees, and company appointment, if required.
EXAMINATION REGISTRATION AND
SCHEDULING PROCEDURES
Once you have been approved by the State, you are
responsible for contacting PSI to pay and schedule to take an
examination. You may either schedule via the Internet at
www.psiexams.com, or schedule over the telephone at (800)
733-9267. Fees can be found on the Registration Form at the
end of this bulletin.
ELIGIBILITY
• Candidates have 180 days to pass the examination before
having to submit a new application, fees and any other
applicable documents to the Department.
• Candidates who fail any examination on the first
attempt, must re-test within 30 days. If the candidate
does not pass the second examination, then the following
examinations attempts cannot be scheduled until the
expiration of thirty (30) days after each examination.
INTERNET REGISTRATION
For the fastest and most convenient test scheduling process,
PSI recommends that candidates register for their exams
using the Internet. In order to register over the Internet,
candidates will need to have a valid MasterCard or Visa.
Candidates register online by accessing PSI’s registration
website at www.psiexams.com. Internet registration is
available 24 hours a day. In order to register by Internet,
complete the steps below. For internet registration, you will
need a valid VISA or MasterCard.
1. Log onto PSI’s website and complete the assoc iated
registration form online and submit your information to
PSI via the Internet.
2. Upon completion of the online registration form, you will
be given the available exam dates and locations for
scheduling your examination. Select your desired testing
date.
TELEPHONE REGISTRATION
The second fastest method of scheduling is via the telephone
with PSI’s Interactive Voice Response system (IVR) during
non-business hours, or through live registrars during business
hours. For telephone registration, you will need a valid VISA
or MasterCard.
1. Complete the Examination Registration Form, including
your credit card number and expiration date, so that you
will be prepared with all of the information needed to
register by telephone.
Call (800) 733-9267, 24 hours a day and register using the
Automated Registration System. Otherwise, PSI registrars are
available Monday through Friday, between 6:30 am and 7:00
pm and Saturday, between 10:00 am and 4:00 pm, Central
Time, to receive the information listed on your Examination
Registration Form and schedule your appointment for the
examination.
FAX REGISTRATION
For Fax registration, you will need a valid VISA or MasterCard.
Complete the Examination Registration Form, including your
credit card number and expiration date.
1. Fax the completed form to PSI (702) 932-2666. Fax
registrations are accepted 24 hours a day.
2. If your information is incomplete or incorrect, it will be
returned for correction.
Please allow 4 business days to process your Registration.
After 4 business days, you may call PSI to schedule the
examination, (800) 733-9267.
WWW.PSIEXAMS.COM 3
STANDARD MAIL REGISTRATION
For those desiring to make payment for their examination
using cashiers checks or money orders, or for those that
simply do not wish to provide credit card information over
the phone or Internet, you must use the Standard Mail
Registration. In order to register, please follow the steps
below.
1. Complete the PSI registration Form, and appropriate
examination fee to PSI. Payment of fees can be made by
money order or cashier’s check. Money orders or
cashier’s checks should be made payable to PSI. Print
your social security number on your cashier’s check or
money order to ensure that your fees are properly
assigned. CASH, COMPANY CHECKS, PERSONAL CHECKS
ARE NOT ACCEPTED.
PSI licensure:certification
3210 E Tropicana
Las Vegas, NV 89121
(800) 733-9267 • Fax (702) 932-2666
www.psiexams.com
BE SURE TO READ ALL DIRECTIONS CAREFULLY BEFORE
COMPLETING THE EXAMINATION REGISTRATION FORMS.
IMPROPERLY COMPLETED FORMS WILL BE RETURNED TO YOU
UNPROCESSED.
2. If your application or fees are not correct, we will return
them to you immediately with instructions on correct
application procedures.
3. Please allow 2 weeks to process your Registration. After
2 weeks, you may call PSI to schedule the examination
after 8:00 a.m., Central Time, (800) 733-9267.
Note: only the candidate may schedule an appointment
through a Customer Service Representative (CSR), not a
friend or relative.
CANCELING AN EXAMINATION APPOINTMENT
You may cancel and reschedule an examination appointment
without forfeiting your fee if your cancellation notice is
received 2 days before the scheduled examination date. For
example, for a Monday appointment, the cancellation notice
would need to be received on the previous Saturday. You may
call PSI at (800) 733-9267. Please note that you may also use
the automated system, using a touch-tone phone, 24 hours a
day in order to cancel and reschedule your appointment.
Note: A voice mail message is not an acceptable form of
cancellation. Please use the Internet, automated
telephone system (IVR), or call PSI and speak to a Customer
Service Representative.
SCHEDULING A RE-EXAMINATION
It is not possible to make a new examination appointment on
the same day you have taken an examination; this is due to
processing and reporting scores. In order to retest, you must
re-register following the steps for registration and scheduling
as outlined earlier. You may re-register over the Internet,
telephone or by mail. Once registered, you can reschedule
for your re-examination.
MISSED APPOINTMENT OR LATE CANCELLATION
Your registration will be invalid, you will not be able to take
the examination as scheduled, and you will forfeit your
examination fee, if you:
§ Do not cancel your appointment 2 days before the
schedule examination date;
§ Do not appear for your examination appointment;
§ Arrive after examination start time;
§ Do not present proper identification when you arrive for
the examination.
SPECIAL EXAMINATION ARRANGEMENTS
All examination centers are equipped to provide access in
accordance with the Americans with Disabilities Act (ADA) of
1990, and every reasonable accommodation will be made in
meeting a candidate’s needs. Applicants with disabilities or
those who would otherwise have difficulty taking the
examination must fill out the form at the end of this
Candidate Information Bulletin and fax to PSI (702) 932-2666.
EXAMINATION SITE CLOSING FOR AN EMERGENCY
In the event that severe weather or another emergency
forces the closure of an examination site on a scheduled
examination date, your examination will be rescheduled. PSI
personnel will attempt to contact you in this situation.
However, you may check the status of your examination
schedule by calling (800) 733-9267. Every effort will be made
to reschedule your examination at a convenient time as soon
as possible. You may also check our website at
www.psiexams.com.
SOCIAL SECURITY NUMBER CONFIDENTIALITY
PSI will use your social security number only as an
identification number in maintaining your records and
reporting your examination scores to the state. A Federal
law requires state agencies to collect and record the social
security numbers of all licensees of the professions licensed
by the state.
EXAMINATION SITE LOCATIONS
The Oklahoma examinations are administered at the PSI
examination centers in Oklahoma as listed below:
PSI - Oklahoma City
Penn Park
5009 North Pennsylvania, Suite 105
Oklahoma City, OK 73112
From I-235 N, merge onto I-44 W. Then merge onto
Northwest Expy. Go left onto N Pennsylvania Ave.
WWW.PSIEXAMS.COM 4
PSI - Tulsa
2816 East 51St Street, Suite 101
Tulsa, OK 74105
From I-44 East, exit number 228 (Harvard), stay to the right
which will be westbound on 51st St. 1/4 mi on the left is the
office building, red awning over entrance.
From I-44 West, exit number 228 (Harvard), turn south (left)
at off ramp onto Harvard. Turn West (right) on 51st St.
Building is on the south side of 51st (left), red awning over
entrance.
PSI - McAlester
21 East Carl Albert Parkway
McAlester, OK 74501
From S Main St, Turn Left onto US-270 W, end at 21 E Carl
Albert Pkwy.
PSI - Woodward
1915 Oklahoma Ave, Suite 3
Woodward, OK 73801
From Highway 270, go west at the intersection of 9th and
Oklahoma Avenue. Go west 10 blocks to 19th Street. The
building is on the south side of Oklahoma Avenue, across
from the Sonic Drive-In.
Additionally, PSI has examination centers in many other
regions across the United States. You may take this
examination at any of these locations by calling (800) 733-
9267. You will need to speak with a Customer Service Rep to
schedule outside of Oklahoma.
REPORTING TO THE EXAMINATION
SITE
On the day of the examination, you should arrive at least 30
minutes before your appointment. This extra time is for sign-
in, identification, and familiarizing you with the examination
process. If you arrive late, you may not be admitted to the
examination site and you will forfeit your examination
registration fee.
REQUIRED IDENTIFICATION AT EXAMINATION SITE
§ You must provide 2 forms of identification. One must be
a VALID form of government issued identification
(driver’s license, state ID, passport), which bears your
signature and has your photograph. The second ID must
have your signature and preprinted legal name. All
identification provided must match the name on the
Examination Registration Form and your Registration
Confirmation Notice.
If you cannot provide the required identification, you
must call (800) 733-9267 at least 3 weeks prior to your
scheduled appointment to arrange a way to meet this
security requirement.
Candidates who do not present the required items on the
examination day will not be able to take the examination as
scheduled, and will forfeit examination fee.
SECURITY PROCEDURES
The following security procedures will apply during the
examination:
§ Cell phones, pagers, purses, briefcases, personal
belongings, and children are not allowed in the
examination site.
§ Only non-programmable calculators that are silent,
battery-operated, do not have paper tape printing
capabilities, and do not have a keyboard containing the
alphabet will be allowed in the examination site.
§ No smoking, eating, or drinking will be allowed in the
examination site.
§ Copying or communicating examination content is a
violation of PSI security policy and Oklahoma State Law.
Either one may result in the disqualification of
examination results and may lead to legal action.
TAKING THE EXAMINATION BY
COMPUTER
Taking the PSI examination by computer is simple. You do
not need any computer experience or typing skills. You will
use fewer keys than you use on a touch-tone telephone. All
response keys are colored and have prominent characters. An
illustration of the special keyboard is shown here. You may
also use the mouse.
IDENTIFICATION SCREEN
You will be directed to a semiprivate testing station to take
the examination. When you are seated at the testing station,
you will be prompted to confirm your name, identification
number, and the examination for which you are registered.
TUTORIAL
Before you start your examination, an introductory tutorial to
the computer and keyboard is provided on the computer
WWW.PSIEXAMS.COM 5
screen. The time you spend on this tutorial, up to 15
minutes, DOES NOT count as part of your examination time.
Sample questions are included following the tutorial so that
you may practice using the keys, answering questions, and
reviewing your answers.
One question appears on the screen at a time. During the
examination, minutes remaining will be displayed at the top of
the screen and updated as you record your answers.
EXAMINATION QUESTION EXAMPLE
During the examination, you should press 1, 2, 3, or 4 to
select your answer or press “MARK” to mark it for later
review. You should then press “ENTER” to record your
answer and move on to the next question. A sample question
display follows:
IMPORTANT: After you have entered your responses, you will
later be able to return to any question(s) and change your
response, provided the examination time has not run out.
PRETEST ITEMS
In addition to the number of questions per examination,
a small number of five to ten “pretest” questions may be
administered to candidates during the examinations. These
questions will not be scored and the time taken to answer
them will not count against examination time. The
administration of such non-scored experimental questions is
an essential step in developing future licensing examinations.
EXAMINATION REVIEW
PSI, in cooperation with the Oklahoma Insurance Department,
will be consistently evaluating the examinations being
administered to ensure that the examinations accurately
measure competency in the required knowledge areas. While
taking the examination, examinees will have the opportunity
to provide comments on any questions, by using the
comments key on the keyboard. These comments will be
analyzed by PSI examination development staff. PSI does not
respond to individuals regarding these comments, all
substantive comments are reviewed. This is the only review
of examination materials available to candidates.
SCORE REPORTING
Your score will be given to you immediately following
completion of the examination. The following summary
describes the score reporting process:
§ On screen – your score will appear immediately on the
computer screen. This will happen automatically at the
end of the time allowed for the examination; if you are
using review features, you will be able to obtain your
score immediately when you indicate that you have
finished and would like to see your results.
- If you pass, you will immediately receive a
successful notification.
- If you do not pass, you will immediately receive an
unsuccessful notification on the screen along with a
diagnostic report indicating your strengths and
weaknesses by examination type. Registration forms
for submittal to PSI to retake the examination will
be available at the examination site.
§ On paper – an official score report will be printed at the
examination site.
DUPLICATE SCORE REPORTS
You can write to PSI to request a duplicate of your score
report.
TIPS FOR PREPARING FOR YOUR
LICENSE EXAMINATION
The following suggestions will help you prepare for your
examination.
§ Planned preparation increases your likelihood of passing.
§ Start with a current copy of this Candidate Information
Bulletin and use the examination content outline as the
basis of your study.
§ Read study materials that cover all the topics in the
content outline.
§ Take notes on what you study. Putting information in
writing helps you commit it to memory and it is also an
excellent business practice. Underline or highlight key
ideas that will help with a later review.
§ Discuss new terms or concepts as frequently as you can
with colleagues. This will test your understanding and
reinforce ideas.
§ Your studies will be most effective if you study
frequently, for periods of about 45 to 60 minutes.
Concentration tends to wander when you study for longer
periods of time.
Many of the reference materials are available for purchase
at www.psionlinestore.com or by calling the PSI Online
Store, toll-free, at (866) 589-3088.
Titles currently in stock are listed on the order form near
the end of this candidate information bulletin.
WWW.PSIEXAMS.COM 6
EXAMINATION CONTENT OUTLINES
LIFE
Portion # of Items
Minimum Passing
Score
Time
Allowed
General 75
70% (53 correct)
113 minutes
State 25
70% (18 correct)
37 minutes
CONTENT OUTLINE
State-Specific Portion
Licensing (6 Items)
Purpose
36 O.S. § 1435.3
Process
36 O.S. § 1435.7, 1435.12
Types of Licensees
36 O.S. § 1435.2, 1435.8-10, 1435.30
Maintenance (CE)
36 O.S. § 1435.29, 1436.29; Reg. 365: 25-3-1
Appointment Procedures
36 O.S. § 1435.34; Reg. 365: 1-1-2
Disciplinary Actions
36 O.S. § 1435.13, 1435.25-26
Temporary Limited License
36 O.S. § 1435.12
Change of Address
36 O.S. § 1435.8-9
State Regulations (8 Items)
Insurance Commissioner General Duties and Powers
36 O.S. § 302, 307, 370, 309, 1209, 1
250.14,
1435.12-13, 1435.21: Reg. 365: 1 -1-3, 1-1-4, 1-5-1
Insurer Regulation
Producer Regulation
Unfair Trade Practices
36 O.S. § 1250.4-5
Rebates
36 O.S. § 1204; 1204.10
Inducements
36 O.S. § 1204
Payment or Acceptance of Commission,
ServiceFee, Brokerage, or other Valuable
Consideration
36 O.S. § 1435.14, 1435.35
Examination of Books and Records
36 O.S. § 1435.13
Insurance Information and Privacy Protection
Reg. 365: 35-1-12
State Specific Definitions
36 O.S. § 1435.40
Commissioner of Insurance
Domestic, Foreign, and Alien Insurers
36 O.S. § 601-603, 2116
Company Organizations
Stock
36 O.S. § 2102
Mutual
36 O.S. § 2103
Fraternal
36 O.S. § 2701.1
Service
Government
Federal Regulations (2 Items)
Fair Credit Reporting Act
36 O.S. § 603, 605
Fraud and False Statements
36 O.S. § 2737.1
Industry Regulations (1 Item)
NAIC
State Requirements (8 Items)
Credit Life, Accident, and Health
36 O.S. § 625.4
Policy Replacement
36 O.S. § 4033-34
Group Life
36 O.S. § 4101, 4103
Standard Nonforfeiture Law
36 O.S. § 4030
Accelerated Benefits
Reg. 365:10-5-101
Policy Loans
36 O.S. § 4008, 4029
Life and Health Insurance Guaranty Association Act
36 O.S. § 2023-2024
Suitability
36 O.S. § 4429
Marketing/Advertising Practices
Reg: 365: 10-3-3; 365: 10-3-31
Qualifications
36 O.S. § 3606
Exemptions
36 O.S. § 632
Change of Address
36 O.S. § 1435.8-9
General Portion
Provisions, Options, Exclusions, and Riders (30 Items)
Policy Provisions and Options
Entire Contract
Insuring Clause
Free Look
Consideration
Owner's Rights
Beneficiary Designations
Primary and Contingent
Revocable and Irrevocable
Changes
Common Disaster
Premium Payment
Modes
Grace Period
Automatic Premium Loan
WWW.PSIEXAMS.COM 7
Level or Flexible
Reinstatement
Policy Loans, Withdrawals, and Partial
Surrenders
Nonforfeiture Options
Dividends and Dividend Options
Incontestability
Assignments
Suicide
Misstatement of Age
Settlement Options
Policy Exclusions
Policy Riders
Waiver of Premium
Guaranteed Insurability
Payor Benefit
Accidental Death and/or Accidental Death and
Dismemberment
Term Riders
Other Insureds
Products (25 Items)
Whole Life - Stock/Mutual
Term
Universal Life
Endowment
Joint Life
Survivorship
Annuities
Fixed
Equity
Variable Annuity
Variable Life
Underwriting (20 Items)
Completing the Application
Required Signatures
Collecting the Initial Premium and Issuing the
Receipt
Conditional Receipt
Binding Receipt
Consequences of Incomplete Applications
Insurable Interest
Medical Information and Consumer Reports
Delivering the Policy
When Coverage Begins
Client Explanation
Free Look Provisions
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Life Concepts, 2006, 18
th
Edition, Kaplan Financial, (800) 824-
8742, www.kaplanfinancial.com, ISBN 1-4195-3997-3
Health Concepts, 2006, 18
th
Edition, Kaplan Financial, (800)
824-8742, www.kaplanfinancial.com, ISBN 1-4195-3788-1
Life & Health Insurance, Kenneth Black, Jr., Harold D.
Skipper, Jr., 2000, 13
th
Edition, Prentice-Hall, (800) 382-
3419, www.prenhall.com, ISBN 0138912505
Life & Health Pathfinder, William H. Cummings, J. Mack
Spears , 2003, 14th Edition, Pathfinder Publishers, (800) 592-
4242, www.pathfinderedu.com, ISBN 0135357810
Life Insurance Handbook, Louis S. Shuntich, 2003,
Marketplace Books, www.marketplacebooks.com, ISBN
1592800572
McGill’s Life Insurance, Edward E. Graves, 2004, 5
th
Edition,
The American College, (888) 263-7265,
www.theamericancollege.edu
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
Insurance for Dummies, Jack Hungelmann, 2001, Wiley
Publishing, Inc., (877) 762-2974, www.dummies.com, ISBN 0-
7645-5294-5
Oklahoma Life, Accident, and Health Insurance License Exam
Manual, 2nd edition, 2005, 1-4195-3493-9, Dearborn Financial
Institute, Inc., a Division of Dearborn Financial Publishing,
Inc.
ACCIDENT & HEALTH
Portion
# of
Items
Minimum Passing Score Time
Allowed
General 75
70% (53 correct)
113 minutes
State 25
70% (18 correct)
37 minutes
CONTENT OUTLINE
State-Specific Portion
Licensing (6 Items)
Purpose
36 O.S. § 1435.3
Process
36 O.S. § 1435.7, 1435.12
Types of Licensees
36 O.S. § 1435.2, 1435.9-10, 1435.12, 1435.30
Maintenance (CE)
36 O.S. § 1435.29; Reg: 365: 25-3-1
Appointment Procedures
36 O.S. § 1425
Disciplinary Actions
36 O.S. § 1425, 1435.13, 1435.26
Temporary Limited License (30 days, 6 months)
36 O.S. § 1435.12
Change of Address
WWW.PSIEXAMS.COM 8
36 O.S. § 1435.8-9
State Regulations (8 Items)
Insurance Commissioner General Duties and Powers
36 O.S. § 302, 307, 370, 309, 1209, 1250.14,
1435.12-13, 1435.21: Reg. 365: 1 -1-3, 1-1-4, 1-5-1
Insurer Regulation
Producer Regulation
Unfair Trade Practices
36 O.S. § 1250.4-5
Rebates
36 O.S. § 1204; 1204.10
Inducements
36 O.S. § 1204
Payment or Acceptance of Commission,
Service Fee, Brokerage, or other Valuable
Consideration
36 O.S. § 1435.14, 1435.35
Examination of Books and Records
36 O.S. § 1435.13
Insurance Information and Privacy Protection
Reg. 365: 35-1-12
State Specific Definitions
36 O.S. § 1435.40
Domestic, Foreign, and Alien Insurers
36 O.S. § 601-603, 2116
Company Organizations
Stock
36 O.S. § 2102
Mutual
36 O.S. § 2103
Fraternal
36 O.S. § 2701.1
Service
Government
Federal Regulations (2 Items)
Fair Credit Reporting Act
36 O.S. § 603, 605
Fraud and False Statements
36 O.S. § 2737.1
Industry Regulations (1 Item)
NAIC
State Requirements (8 Items)
Credit Life and Accident and Health
36 O.S. § 625.4
Life and Health Insurance Guaranty Association Act
36 O.S. § 2023-2024, 6059
Eligibility Requirements
36 O.S. § 6058
Mandated or Required Offers
36 O.S. § 7003
Mandated or Required Benefits
36 O.S. § 6060, 6060.3-4, 6060.8
Other Requirements
36 O.S. § 6519
Small Employer Health Insurance
36 O.S. § 6215, 6512.13, 6512.27, 6519
Disability Insurance
General Portion
Provisions, Clauses, Riders, and Rights (32 Items)
Mandatory Provisions
Entire Contract
Time Limit on Certain Defenses
Grace Period
Reinstatement
Notice of Claim
Claim Forms
Proof of Loss
Time of Payment of Claims
Payment of Claims
Physical Examination and Autopsy
Legal Actions
Change of Beneficiary
Nonforfeiture
Optional Provisions
Change of Occupation
Misstatement of Age
Illegal Occupation
Other Provisions and Clauses
Insuring Clause
Free Look
Consideration Clause
Probationary Period
Elimination Period
Waiver of Premium
Exclusions
Preexisting Conditions
Recurrent Disability
Coinsurance
Deductibles
Riders
Impairment Rider
Guaranteed Insur ability Rider
Multiple Indemnity Rider
Rights of Renewability
Noncancelable
Cancelable
Guaranteed Renewable
Conditionally Renewable
Optionally Renewable
Period of Time
N/A
Underwriting (10 Items)
Considerations in Replacing Health Insurance (3 Items)
State Replacement Requirements
Types of Providers and Plans (20 Items)
State Insurance Security Plans
Disability Income
Accidental Death and Dismemberment
Limited Benefit Plans
Specified Disease (cancer, heart)
Hospital Continement Indemnity
Basic Hospital Plan
Major Medical
HMOs
WWW.PSIEXAMS.COM 9
PPOs
Mets
Mewas
Service (Blue Cross, Blue Shield)
Group Health Plans
Medicare Supplement Insurance (5 Items)
Medicare Supplement Insurance
Renewal Features
Part D
Plans
Long-Term Care (LTC) Policies (5 Items)
Deductibility of Premiums for LTC Insurance for
State Income Tax Purposes
Renewal Features
Sales Requirements
Minimum Standards
Coverage Selections
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
Consolidated Omnibus Budget Reconciliation Act of 1986
(COBRA), 1986, U.S. Social Security Administration, (800)
772-1213, www.ssa.gov
Health Insurance Portability and Accountability Act of 1996,
1996, U.S. Department of Health and Human Services,
www.cms.hhs.gov
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Life Concepts, 2006, 18
th
Edition, Kaplan Financial, (800) 824-
8742, www.kaplanfinancial.com, ISBN 1-4195-3997-3
Health Concepts, 2006, 18
th
Edition, Kaplan Financial, (800)
824-8742, www.kaplanfinancial.com, ISBN 1-4195-3788-1
Life & Health Insurance, Kenneth Black, Jr., Harold D.
Skipper, Jr., 2000, 13
th
Edition, Prentice-Hall, (800) 382-
3419, www.prenhall.com, ISBN 0138912505
Life & Health Pathfinder, William H. Cummings, J. Mack
Spears , 2003, 14th Edition, Pathfinder Publishers, (800) 592-
4242, www.pathfinderedu.com, ISBN 0135357810
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
42 USC, Chapter 6A, Subchapter XX, Sections 300bb-1 -
300bb-8, 2005, GPO Access, (202) 512-1530,
www.access.gpo.gov/uscode/index.html
Insurance for Dummies, Jack Hungelmann, 2001, Wiley
Publishing, Inc., (877) 762-2974, www.dummies.com, ISBN 0-
7645-5294-5
Oklahoma Life, Accident, and Health Insurance License Exam
Manual, 2nd edition, 2005, 1-4195-3493-9, Dearborn Financial
Institute, Inc., a Division of Dearborn Financial Publishing,
Inc.
LIFE, ACCIDENTAL & HEALTH
Portion
# of
Items
Minimum Passing
Score
Time Allowed
General 112
70% (79 correct)
158 minutes
State 38
70% (27 correct)
52 minutes
CONTENT OUTLINE
State-Specific Portion
Licensing (9 Items)
Purpose
36 O.S. § 1435.3
Process
36 O.S. § 1435.7, 1435.12
Types of Licensees
36 O.S. § 1435.2, 1435.9-10, 1435.12, 1435.30
Maintenance (CE)
36 O.S. § 1435.29; Reg: 365: 25-3-1
Appointment Procedures
36 O.S. § 1425
Disciplinary Actions
36 O.S. § 1425, 1435.13, 1435.26
Temporary Limited License (30 days, 6 months)
36 O.S. § 1435.12
Change of Address
36 O.S. § 1435.8-9
State Regulations (13 Items)
Insurance Commissioner General Duties and Powers
36 O.S. § 302, 307, 370, 309, 1209, 1250.14,
1435.12-13, 1435.21: Reg. 365: 1 -1-3, 1-1-4, 1-5-1
Insurer Regulation
Producer Regulation
Unfair Trade Practices
36 O.S. § 1250.4-5
Rebates
36 O.S. § 1204; 1204.10
Inducements
36 O.S. § 1204
Payment or Acceptance of Commission, Service
Fee, Brokerage, or other Valuable
Consideration
36 O.S. § 1435.14, 1435.35
Examination of Books and Records
36 O.S. § 1435.13
Insurance Information and Privacy Protection
Reg. 365: 35-1-12
State Specific Definitions
36 O.S. § 1435.40
WWW.PSIEXAMS.COM 10
Domestic, Foreign, and Alien Insurers
36 O.S. § 601-603, 2116
Company Organizations
Stock
36 O.S. § 2102
Mutual
36 O.S. § 2103
Fraternal
36 O.S. § 2701.1
Service
Government
Federal Regulations (2 Items)
Fair Credit Reporting Act
36 O.S. § 603, 605
Fraud and False Statements
Industry Regulations (1 Item)
NAIC
State Requirements (13 Items)
Credit Life, Accident, and Health
36 O.S. § 625.4
Policy Replacement
36 O.S. § 4033-34
Group Life
36 O.S. § 4101, 4103
Standard Nonforfeiture Law
36 O.S. § 4030
Accelerated Benefits
Reg. 365:10-5-101
Policy Loans
36 O.S. § 4008, 4029
Life and Health Insurance Guaranty Association Act
36 O.S. § 2023-2024
Suitability
36 O.S. § 4429
Marketing/Advertising Practices
Reg: 365: 10-3-3; 365: 10-3-31
Qualifications
36 O.S. § 3606
Exemptions
36 O.S. § 632
Change of Address
36 O.S. § 1435.8-9
Eligibility Requirements
36 O.S. § 6058
Mandated or Required Offers
36 O.S. § 7003
Mandated or Required Benefits
36 O.S. § 6060, 6060.3-4, 6060.8
Other Requirements
36 O.S. § 6519
Small Employer Health Insurance
36 O.S. § 6215, 6512.13, 6512.27, 6519
Disability Insurance
General Portion
Provisions, Options, Exclusions, Riders, Clauses, and Rights
(42 Items)
Mandatory Provisions
Entire Contract
Time Limit on Certain Defenses
Grace Period
Notice of Claim
Claim Forms
Proof of Loss
Time of Payment of Claims
Payment of Claims
Physical Examination and Autopsy
Legal Actions
Change of Beneficiary
Policy Provisions and Options
Entire Contract
Insuring Clause
Free Look
Consideration Clause
Owner's Rights
Beneficiary Designations
Primary and Contingent
Revocable and Irrevocable
Changes
Common Disaster
Premium Payment
Modes
Grace Period
Automatic Premium Loan
Level or Flexible
Reinstatement
Policy Loans, Withdr awals, and Partial
Surrenders
Nonforfeiture Options
Dividends and Dividend Options
Incontestability
Assignments
Suicide
Misstatement of Age
Settlement Options
Optional Provisions
Change of Occupation
Misstatement of Age
Illegal Occupation
Other Provisions and Clauses
Probationary Period
Elimination Period
Waiver of Premium
Exclusions
Preexisting Conditions
Recurrent Disability
Coinsurance
Deductibles
Policy Exclusions
Policy Riders
Waiver of Premium
Guaranteed Insurability
Payor Benefit
Accidental Death and/or Accidental Death and
Dismemberment
Term Riders
Other Insureds
WWW.PSIEXAMS.COM 11
Riders
Impairment Rider
Guaranteed Insurability Rider
Multiple Indemnity Rider
Rights of Renewability
Noncancelable
Canc elable
Guaranteed Renewable
Conditionally Renewable
Optionally Renewable
Period of Time
Products (30 Items)
Disability Income
Whole Life - Stock/Mutual
Term
Universal Life
Endowment
Joint Life
Survivorship
Annuities
Fixed
Equity
Variable Annuity
Variable Life
Underwriting (13 Items)
Completing the Application
Required Signatures
Collecting the Initial Premium and Issuing the
Receipt
Conditional Receipt
Binding Receipt
Consequences of Incomplete Applications
Insurable Interest
Medical Information and Consumer Reports
Delivering the Policy
When Coverage Begins
Client Explanation
Free Look Provisions
Considerations in Replacing Health Insurance (2 Items)
State Replacement Requirements
Types of Providers and Plans (15 Items)
State Insurance Security Plans
Accidental Death and Dismemberment
Limited Benefit Plans
Specified Disease (cancer, heart)
Hospital Continement Indemnity
Basic Hospital Plan
Major Medical
HMOs
PPOs
Mets
Mewas
Service (Blue Cross, Blue Shield)
Group Health Plans
Medicare Supplement Insurance (5 Items)
Medicare Supplement Insurance
Renewal Features
Part D
Plans
Long-Term Care (LTC) Policies (5 Items)
Deductibility of Premiums for LTC Insurance for
State Income Tax Purposes
Renewal Features
Sales Requirements
Minimum Standards
Coverage Selections
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
Consolidated Omnibus Budget Reconciliation Act of 1986
(COBRA), 1986, U.S. Social Security Administration, (800)
772-1213, www.ssa.gov
Health Insurance Portability and Accountability Act of 1996,
1996, U.S. Department of Health and Human Services,
www.cms.hhs.gov
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Life Concepts, 2006, 18
th
Edition, Kaplan Financial, (800) 824-
8742, www.kaplanfinancial.com, ISBN 1-4195-3997-3
Health Concepts, 2006, 18
th
Edition, Kaplan Financial, (800)
824-8742, www.kaplanfinancial.com, ISBN 1-4195-3788-1
Life & Health Insurance, Kenneth Black, Jr., Harold D.
Skipper, Jr., 2000, 13
th
Edition, Prentice-Hall, (800) 382-
3419, www.prenhall.com, ISBN 0138912505
Life & Health Pathfinder, William H. Cummings, J. Mack
Spears , 2003, 14th Edition, Pathfinder Publishers, (800) 592-
4242, www.pathfinderedu.com, ISBN 0135357810
Life Insurance Handbook, Louis S. Shuntich, 2003,
Marketplace Books, www.marketplacebooks.com, ISBN
1592800572
McGill’s Life Insurance, Edward E. Graves, 2004, 5
th
Edition,
The American College, (888) 263-7265,
www.theamericancollege.edu
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
42 USC, Chapter 6A, Subchapter XX, Sections 300bb-1 -
300bb-8, 2005, GPO Access, (202) 512-1530,
www.access.gpo.gov/uscode/index.html
Insurance for Dummies, Jack Hungelmann, 2001, Wiley
Publishing, Inc., (877) 762-2974, www.dummies.com, ISBN 0-
7645-5294-5
WWW.PSIEXAMS.COM 12
Oklahoma Life, Accident, and Health Insurance License Exam
Manual, 2nd edition, 2005, 1-4195-3493-9, Dearborn Financial
Institute, Inc., a Division of Dearborn Financial Publishing,
Inc.
P&C PERSONAL LINES
Portion
# of
Items
Minimum Passing Score Time
Allowed
General 75
70% (53 correct)
113 minutes
State 25
70% (18 correct)
37 minutes
CONTENT OUTLINE
State-Specific Portion
State Insurance Laws & Regulations (10 Items)
Property and Casualty Insurance Guaranty
Association
36 O.S. § 1 109, 1250.6, 2002, 2003
Cancellation and Nonrenewal
36 O.S. § 940, 943, 3622, 4805
Binders
36 O.S. § 3622
Proof of Loss
36 O.S. § 3629
Surplus Lines
36 O.S. § 1106
Rate Filings
36 O.S. § 1115, 1250.4-6; Reg. 365: 15-1-6
Inland Marine
Unfair Claims Settlement Practices
36 O.S. § 1250
State Insurance Commissioner's General Duties and
Powers
36 O.S. § 307, 309.2, 907, 1435.13, 1435.26
Insurer Regulation
Producer Regulation
Unfair Trade Practices
36 O.S. Article 12
Insurance Information and Privacy Protection
36 O.S. § 1937
Fair Credit Reporting Act
Fraud and False Statements
36 O.S. Article 12
NAIC
Industry Associations
Producer Associations
State Specific Definitions
36 O.S. § 105, 602, 901.2, 907, 1250
.2, 1250.6,
1435.2, 2701.1; Reg. 365: 15-1-6
Payment of Commissions
36 O.S. § 1435.14
Rebating
36 O.S. § 1204
Inducement to Insurance
36 O.S. § 1204
Examination of Books and Records
36 O.S. § 1435.13
Licensing (5 Items)
Purpose
36 O.S. § 6202
Process
36 O.S. § 6202
Types of Licensees
36 O.S. § 1425.2, 1435.2
Maintenance
36 O.S. § 1435.8, 1435.29-
30, 1436.29; Reg. 365:
25-3-1
Appointment Procedures
36 O.S. § 1435.7, 1435.12
Disciplinary Actions
36 O.S. § 1435.13, 1435.26
State Auto Insurance Laws (10 Items)
State Required Minimum Limits of Liability
36 O.S. § 924.1, 941.2, 3636.1; 47 O.S. § 324
State Automobile Insurance Plans
36 O.S. § 3635; 47 O.S. § 324; 85 O.S. § 2.1
Uninsured/Underinsured Motorist
36 O.S. § 3636
Cancellation/Nonrenewal
36 O.S. § 941, 3635.1; 47 O.S. § 501
General Portion
Types of Property Policies (15 Items)
Personal Lines
Dwelling and Contents (DP forms)
Personal Liability
Homeowners (HO forms)
Mobile Homes
Inland Marine
Personal Floaters
Nationwide Definition
Others
Flood
Personal Watercraft
Earthquake
Property Insurance Terms and Related Concepts (15 Items)
Insurance
Insurable Interest
Risk
Hazard
Peril
Loss
Direct
Indirect
Proximate Cause
Deductible
Indemnity
Actual Cash Value
Replacement Cost
Limits of Liability
Coinsurance/Insurance to Value
Pair and Set Clause
Extensions of Coverage
Additional Coverages
Accident
WWW.PSIEXAMS.COM 13
Occurrence
Cancellation
Nonrenewal
Vacancy and Unoccupancy
Right of Salvage
Abandonment
Burglary
Robbery
Theft
Mysterious Disappearance
Property Policy Provisions and Contract Law (15 Items)
Coinsurance
Declarations
Insuring Agreement
Conditions
Exclusions
Definition of the Insured
Duties of the Insured
Obligations of the Insurance Company
Mortgagee Rights
Proof of Loss
Notice of Claim
Appraisal
Other Insurance Provision
Assignment
Subrogation
Arbitration
Elements of a Contract
Warranties, Representations, and Concealment
Sources of Insurability Information
Types of Casualty Policies and Related Terms (10 Items)
Personal Automobile
Liability
Medical Payments
Physical Damage (Collision and Other Than
Collision)
Uninsured/Underinsured Motorist
Who is an Insured?
Types of Auto
Owned
Non-owned
Temporary Substitute
Umbrella/Excess Liability
General and Professional Liability
Casualty Insurance Terms and Related Concepts (10 Items)
Risk
Peril
Hazard
Indemnity
Insurable Interest
Actual Cash Value
Negligence
Liability
Accident
Occurrence
Binders
Warranties
Representations
Concealment
Bodily Injury Liability
Property Damage Liability
Personal Injury Liability
Limits of Liability
Deductibles
Elements of a Legal Contract
Policy Provisions (10 items)
Declarations
Insuring Agreement
Conditions
Exclusions
Definition of the Insured
Duties of the Insured After a Loss
Cancellation and Nonrenewal Provisions
Additional (Supplementary) Payments
Proof of Loss
Notice of Claim
Arbitration
Other Insurance
Subrogation
Salvage
Loss Settlement Provisions
Limitations
Liability
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Life Concepts, 2006, 18
th
Edition, Kaplan Financial, (800) 824-
8742, www.kaplanfinancial.com, ISBN 1-4195-3997-3
Health Concepts, 2006, 18
th
Edition, Kaplan Financial, (800)
824-8742, www.kaplanfinancial.com, ISBN 1-4195-3788-1
Life & Health Insurance, Kenneth Black, Jr., Harold D.
Skipper, Jr., 2000, 13
th
Edition, Prentice-Hall, (800) 382-
3419, www.prenhall.com, ISBN 0138912505
Life & Health Pathfinder, William H. Cummings, J. Mack
Spears , 2003, 14th Edition, Pathfinder Publishers, (800) 592-
4242, www.pathfinderedu.com, ISBN 0135357810
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
Oklahoma Statutes Title 47 - Motor Vehicles, 2005, Oklahoma
Legislature, (800) 522-8502, www.lsb.state.ok.us
WWW.PSIEXAMS.COM 14
Insurance for Dummies, Jack Hungelmann, 2001, Wiley
Publishing, Inc., (877) 762-2974, www.dummies.com, ISBN 0-
7645-5294-5
Property-Casualty Concepts, 2006, 10
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3780-6
Insurance Law: A Guide to Fundamental Principles, Legal
Doctrines, and Commercial Practices, Keeton and Widiss,
1988, Thomson/West, (800) 344-5008,
www.west.thomson.com, ISBN 0-314-39187-8
Introduction to Risk Management and Insurance, Mark S.
Dorfman, 2004, 8
th
Edition, Prentice-Hall, (800) 382-3419,
www.prenhall.com, ISBN 0-13-144958-3
Property & Casualty Pathfinder, William H. Cummings, J.
Mack Spears, 2004, 9
th
Edition, , Pathfinder Publishers, (800)
592-4242, www.pathfinderedu.com, ISBN 0-9749448-0-0
Oklahoma Statutes Title 85 - Workers Compensation, 2005,
Oklahoma Legislature, (800) 522-8502, www.lsb.state.ok.us
NFIP General Property Policy Form - Standard Flood Insurance
Policy, 2000, FEMA, (800) 621-3362,
www.fema.gov/business/nfip/sfip.shtm#2
NFIP Dwelling Policy Form - Standard Flood Insurance Policy,
2000, FEMA, (800) 621-3362,
www.fema.gov/business/nfip/sfip.shtm#2
Homeowners 2000 Coverage, 2006, 1
st
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3992-2
Property and Liability Insurance Principles, 2005, 4th Edition,
Insurance Institute of America, (610) 644-2100,
www.aicpcu.org
Oklahoma Property and Casualty Insurance License Exam
Manual, 2005, 1-4195-2028-8, Dearborn Financial Institute,
Inc., a Division of Dearborn Financial Publishing, Inc.
P&C PERSONAL AND COMMERCIAL LINES
Portion
# of
Items
Minimum Passing
Score
Time Allowed
General 112
70% (79 correct)
158 minutes
State 38
70% (27 correct)
52 minutes
CONTENT OUTLINE
State-Specific Portion
State Insurance Laws & Regulations (15 items)
Property and
Casualty Insurance Guaranty
Association
36 O.S. § 1109, 1250.6, 2002, 2003
Cancellation and Nonrenewal
36 O.S. § 940, 943, 3622, 4805
Binders
36 O.S. § 3622
Proof of Loss
36 O.S. § 3629
Surplus Lines
36 O.S. § 1106
Rate Filings
36 O.S. § 1115, 1250.4-6; Reg. 365: 15-1-6
Inland Marine
Unfair Claims Settlement Practices
36 O.S. Article 12A-1
State Insurance Commissioner's General Duties
and Powers
36 O.S. § 307, 309.2, 907, 1435.13, 1435.26
Insurer Regulation
Producer Regulation
Unfair Trade Practices
36 O.S. Article 12
Insurance Information and Privacy Protection
36 O.S. § 1937
Fair Credit Reporting Act
Fraud and False Statements
36 O.S. Article 12
NAIC
Industry Associations
Producer Associations
State Specific Definitions
36 O.S. § 105, 602, 901.2, 1250.2, 1435.2,
2701.1
Payment of Commissions
36 O.S. § 1111, 1435.14
Rebating
36 O.S. § 1204
Inducement to Insurance
36 O.S. § 1204
Examination of Books and Records
36 O.S. § 1435.13
Businessowner’s Policy (BOP)
Licensing (6 items)
Purpose
36 O.S. § 6202
Process
36 O.S. § 6202
Types of Licensees
36 O.S. § 1425.2, 1435.2 , 1435.7, 1435.12
Maintenance
36 O.S. § 1435.8, 1435.29-
30, 1436.29; Reg. 365:
25-3-1
Appointment Procedures
36 O.S. § 1435.7
Disciplinary Actions
36 O.S. § 1435.13
State Workers' Compensation (7 items)
State Requirements
85 O.S. § 13, 14, 15, 2.1, 41, 48
State Auto Insurance Laws (10 items)
State Required Minimum Limits of Liability
36 O.S. § 941.2, 3635.1, 3636.1; 47 O.S. 7-
316,
7-324
State Automobile Insurance Plans
WWW.PSIEXAMS.COM 15
36 O.S. § 3635.1, 924.1; 47 O.S. 7-
501; 85 O.S.
2.1
Uninsured/Underinsured Motorist
36 O.S. § 3636
Cancellation/Nonrenewal
36 O.S. § 941.2, 3635.1, 3636.1; 47 O.S. 7-
316,
7-324
General Portion
Types of Personal Property Policies (8 items)
Personal Lines
Dwelling and Contents (DP forms)
Personal Liability
Homeowners (HO forms)
Mobile Homes
Inland Marine
Personal Floaters
Nationwide Definition
Others
Flood
Personal Watercraft
Earthquake
Types of Commercial Property Policies (15 items)
Commercial Lines
Commercial Property
Commercial Building and Personal
Property Form
Causes of Loss Forms
Business Income
Extra Expense
Commercial Package Policy (CPP)
Boiler and Machinery Coverage Forms
Businessowners Policy (BOP)
Crime
Fidelity
Crime
Theft, Disappearance, and Destruction
Robbery and Safe Burglary
Premises Burglary
Custodian
Messenger
Guard or Watchperson
Inland Marine
Commercial Floaters
Nationwide Definition
Others
Flood
Earthquake
Property Insurance Terms and Related Concepts (20 items)
Insurance
Insurable Interest
Risk
Hazard
Peril
Loss
Direct
Indirect
Proximate Cause
Deductible
Indemnity
Actual Cash Value
Replacement Cost
Limits of Liability
Coinsurance/Insurance to Value
Pair and Set Clause
Extensions of Coverage
Additional Coverages
Accident
Occurrence
Cancellation
Nonrenewal
Vacancy and Unoccupancy
Right of Salvage
Abandonment
Burglary
Robbery
Theft
Mysterious Disappearance
Property Policy Provisions and Contract Law (15 items)
Declarations
Insuring Agreement
Conditions
Exclusions
Definition of the Insured
Duties of the Insured
Obligations of the Insurance Company
Mortgagee Rights
Proof of Loss
Notice of Claim
Appraisal
Other Insurance Provision
Assignment
Subrogation
Arbitration
Elements of a Contract
Warranties, Representations, and
Concealment
Binders
Types of Personal Casualty Policies and Related Terms (10
items)
Personal Automobile
Liability
Medical Payments
Physical Damage (Collision and Other Than
Collision)
Uninsured/Underinsured Motorist
Who is an Insured?
Types of Auto
Owned
Non-owned
Temporary Substitute
Umbrella/Excess Liability
Types of Commercial Casualty Policies, Bond
s and Related
Terms (20 items)
Commercial General Liability
Basic Hazards
Premises and Operations
WWW.PSIEXAMS.COM 16
Products and Completed Operations
Independent Contractors
Contractual
Commercial General Liability Coverage
Forms
Coverage A: Bodily Injury and Property
Damage Liability
Occurrence
Coverage B: Personal Injury and
Advertising Injury
Coverage C: Medical Payments
Supplementary Payments
Who is an Insur ed?
Limits
Conditions
Definitions
Owners and Contractors Protective Liability
Business (Commercial) Auto
Liability
Medical Payments
Physical Damage
Uninsured/Underinsured Motorist
Who is an I nsured?
Types of Autos
Owned
Nonowned
Hired
Temporary Substitute
Garage Coverage Form, including
Garagekeepers Insurance
Workers' Compensation Insurance
Standard Policy Concepts
Self-insurers
Work-related vs. Non-work-related
Other States' Insurance
Surety Bonds
Professional Liability
Errors and Omissions
Directors and Officers
Umbrella/Excess Liability
Casualty Insurance Terms and Related Concepts (15 items)
Risk
Hazard
Indemnity
Insurable Interest
Actual Cash Value
Negligence
Liability
Accident
Occurrence
Binders
Warranties
Representations
Concealment
Bodily Injury Liability
Property Damage Liability
Personal Injury Liability
Limits of Liability
Deductibles
Insured Contract
Deposit Premium Audit
Certificate of Insurance
Casualty Policy Provisions (9 items)
Declarations
Insuring Agreement
Conditions
Exclusions
Definition of the Insured
Duties of the Insured
Duties of the Insured after a Loss
Cancellation and Nonrenewal Provisions
Additional (Supplementary) Payments
Proof of Loss
Notice of Claim
Arbitration
Other Insurance Provisions
Subrogation
Claims Made Policy Form
Salvage
Loss Settlement Provis
ions including Consent
to Settle a Loss
Limitations
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Life & Health Insurance, Kenneth Black, Jr., Harold D.
Skipper, Jr., 2000, 13
th
Edition, Prentice-Hall, (800) 382-
3419, www.prenhall.com, ISBN 0138912505
Life & Health Pathfinder, William H. Cummings, J. Mack
Spears , 2003, 14th Edition, Pathfinder Publishers, (800) 592-
4242, www.pathfinderedu.com, ISBN 0135357810
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
Oklahoma Statutes Title 47 - Motor Vehicles, 2005, Oklahoma
Legislature, (800) 522-8502, www.lsb.state.ok.us
Insurance for Dummies, Jack Hungelmann, 2001, Wiley
Publishing, Inc., (877) 762-2974, www.dummies.com, ISBN 0-
7645-5294-5
Property-Casualty Concepts, 2006, 10
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3780-6
Insurance Law: A Guide to Fundamental Principles, Legal
Doctrines, and Commercial Practices, Keeton and Widiss,
WWW.PSIEXAMS.COM 17
1988, Thomson/West, (800) 344-5008,
www.west.thomson.com, ISBN 0-314-39187-8
Introduction to Risk Management and Insurance, Mark S.
Dorfman, 2004, 8
th
Edition, Prentice-Hall, (800) 382-3419,
www.prenhall.com, ISBN 0-13-144958-3
Commercial Property Coverage, 2006, 5
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-4022-X
Property & Casualty Pathfinder, William H. Cummings, J.
Mack Spears, 2004, 9
th
Edition, , Pathfinder Publishers, (800)
592-4242, www.pathfinderedu.com, ISBN 0-9749448-0-0
Oklahoma Statutes Title 85 - Workers Compensation, 2005,
Oklahoma Legislature, (800) 522-8502, www.lsb.state.ok.us
NFIP General Property Policy Form - Standard Flood Insurance
Policy, 2000, FEMA, (800) 621-3362,
www.fema.gov/business/nfip/sfip.shtm#2
NFIP Dwelling Policy Form - Standard Flood Insurance Policy,
2000, FEMA, (800) 621-3362,
www.fema.gov/business/nfip/sfip.shtm#2
Homeowners 2000 Coverage, 2006, 1
st
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3992-2
Property and Liability Insurance Principles, 2005, 4th Edition,
Insurance Institute of America, (610) 644-2100,
www.aicpcu.org
Workers Compensation Coverage, 2006, 3
rd
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-8099-X
Oklahoma Property and Casualty Insurance License Exam
Manual, 2005, 1-4195-2028-8, Dearborn Financial Institute,
Inc., a Division of Dearborn Financial Publishing, Inc.
TITLE
# of Items
Minimum Passing
Score
Time Allowed
35
70% (25 correct)
1 hour
CONTENT OUTLINE
State Laws & Regulations (9 items)
Definitions
36 O.S. § 1425.2, 1435.7
Duly Certified Abstract
Statutory Requirements
36 O.S. § 1250.6; Reg. 365: 20-3-2, 20-3-3
Countersigning of Policies
Opinion of Title
Preparation of Abstract
Payment of Commissions
36 O.S. § 1435.14
Rebating
36 O.S. § 1204
Inducement to Insurance
36 O.S. § 1204
Examination of Books and Records
36 O.S. § 1435.13; Reg. 365: 20-3-2
State Insurance Commissioner's General Duties
and Powers
36 O.S. § 1435.13
Maintenance
36 O.S. § 1435.7-.8
Title Insurance Terms and Related Concepts (10 items)
Contracts
General Concepts
Legal Elements
Commitment
Policy
Exception
Requirement
Endorsement
Insurer/Underwriter
Chain of Title
Closing and Settlement
Title Producer
Fiduciary Responsibilities
Search and Examination
Marketability of Title
Title Insurance Policies (8 items)
Types of Policies
Owners
Loan
Construction Loan
Leasehold
Policy Provisions
Insuring Clause
Terms, Conditions, and Stipulations
Characteristics of Title Insurance
Single Premium
Retrospective Coverage
Real Estate Ownership (2 items)
Joint Tenancy
Tenants in Common
Fee Simple
Life Estate
Leasehold
Rights and Interests (2 items)
Easement and Right of Way
Voluntary and Involuntary Liens
Covenants, Conditions, and Restrictions
Legal Descriptions (2 items)
Platted and Unplatted
Section, Township, and Range
Metes and Bounds
Lot and Block
Methods of Transfer/Conveyances (2 items)
Warranty Deeds
Quit Claim Deeds
Deed of Trust
WWW.PSIEXAMS.COM 18
Foreclosure
Probate
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Oklahoma Administrative Rules, Title 365, 2007, Oklahoma
Secretary of State, (405) 521-4911, www.oar.state.ok.us
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
Property-Casualty Concepts, 2006, 10
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3780-6
Introduction to Risk Management and Insurance, Mark S.
Dorfman, 2004, 8
th
Edition, Prentice-Hall, (800) 382-3419,
www.prenhall.com, ISBN 0-13-144958-3
Vernon's Oklahoma Forms 2d, Vol. 5A - Real Estate, Kraettli
Q. Epperson, 2004, Thomson/West, (800) 344-5008,
www.west.thomson.com
Black’s Law Dictionary – Pocket Edition, 2006, 3
rd
Edition,
Thomson/West, (800) 344-5008, www.west.thomson.com,
ISBN 0-314-15862-6
Oklahoma Property and Casualty Insurance License Exam
Manual, 2005, 1-4195-2028-8, Dearborn Financial Institute,
Inc., a Division of Dearborn Financial Publishing, Inc.
FIRE & ALLIED LINES ADJUSTER (PROPERTY)
# of Items
Minimum Passing
Score
Time Allowed
35
70% (25 correct)
1 hour
CONTENT OUTLINE
State Insurance Laws & Regulations (8 items)
Property and Casualty Insurance Guaranty
Association
36 O.S. § 2002
Cancellation and Nonrenewal
36 O.S. § 940, 943, 3622, 4805
Binders
36 O.S. § 3622
Proof of Loss
36 O.S. § 4805
Surplus Lines
36 O.S. § 1106
Unfair Claims Settlement Practices
36 O.S. § 1250
State Insurance Commissioner's General Duties and
Powers
36 O.S. § 307, 309, 1435.13
State Specific Definitions
36 O.S. § 1250.6; Reg. 365:15-1-6
Licensing (1 item)
Purpose
36 O.S. § 1435.3
Process
36 O.S. § 1435.7-8
Types of Licensees
Maintenance
36 O.S. § 1435.29
Appointment Procedures
36 O.S. § 1435.7
Disciplinary Actions
36 O.S. § 1435.13
Types of Personal Property Policies (7 items)
Personal Lines
Dwelling and Contents (DP forms)
Homeowners (HO forms)
Mobile Homes
Inland Marine
Personal Floaters
Nationwide Definition
Others
Flood
Personal Watercraft
Earthquake
Types of Commercial Property Policies (7 items)
Commercial Lines
Commercial Property
Commercial Building and Personal Property
Form
Causes of Loss Forms
Business Income
Extra Expense
Commercial Package Policy (CPP)
Boiler and Machinery Coverage Forms
Businessowners Policy (BOP)
Inland Marine
Commercial Floaters
Nationwide Definition
Others
Flood
Earthquake
Insurance Terms and Related Concepts (7 items)
Coinsurance
Insurance
Insurable Interest
Risk
Hazard
Peril
Loss
Direct
WWW.PSIEXAMS.COM 19
Indirect
Proximate Cause
Indemnity
Limits of Liability
Policy Provisions and Contract Law (5 items)
Definition of the Insured
Duties of the Insured
Proof of Loss
Notice of Claim
Subrogation
Cancellation
Nonrenewal
Loss Settlement
Elements of a Legal Cont ract
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
Insurance for Dummies, Jack Hungelmann, 2001, Wiley
Publishing, Inc., (877) 762-2974, www.dummies.com, ISBN 0-
7645-5294-5
Property-Casualty Concepts, 2006, 10
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3780-6
Insurance Law: A Guide to Fundamental Principles, Legal
Doctrines, and Commercial Practices, Keeton and Widiss,
1988, Thomson/West, (800) 344-5008,
www.west.thomson.com, ISBN 0-314-39187-8
Introduction to Risk Management and Insurance, Mark S.
Dorfman, 2004, 8
th
Edition, Prentice-Hall, (800) 382-3419,
www.prenhall.com, ISBN 0-13-144958-3
Commercial Property Coverage, 2006, 5
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-4022-X
Property & Casualty Pathfinder, William H. Cummings, J.
Mack Spears, 2004, 9
th
Edition, , Pathfinder Publishers, (800)
592-4242, www.pathfinderedu.com, ISBN 0-9749448-0-0
NFIP General Property Policy Form - Standard Flood Insurance
Policy, 2000, FEMA, (800) 621-3362,
www.fema.gov/business/nfip/sfip.shtm#2
NFIP Dwelling Policy Form - Standard Flood Insurance Policy,
2000, FEMA, (800) 621-3362,
www.fema.gov/business/nfip/sfip.shtm#2
Homeowners 2000 Coverage, 2006, 1
st
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3992-2
Property and Liability Insurance Principles, 2005, 4th Edition,
Insurance Institute of America, (610) 644-2100,
www.aicpcu.org
Oklahoma Property and Casualty Insurance License Exam
Manual, 2005, 1-4195-2028-8, Dearborn Financial Institute,
Inc., a Division of Dearborn Financial Publishing, Inc.
CRIME & FIDELITY BONDS ADJUSTER
# of Items
Minimum Passing
Score
Time Allowed
35
70% (25 correct)
1 hour
CONTENT OUTLINE (EFFECTIVE THRU 8/29/07)
State Insurance Laws & Regulations (8 items)
Property and Casualty Insurance Guaranty
Association
36 O.S. § 2002
Cancellation and Nonrenewal
36 O.S. § 940, 943, 3622, 4805
Binders
36 O.S. § 3622
Proof of Loss
36 O.S. § 4805
Unfair Claims Settlement
36 O.S. § 1250.4-5, 1250.14
State Insuran
ce Commissioner's General Duties and
Powers
36 O.S. § 307, 309
Examination of Books and Records
36 O.S. § 2413
State Specific Definitions
36 O.S. § 1250.6
Licensing (1 item)
Purpose
36 O.S. § 1435.3
Process
36 O.S. § 1435.7-8
Types of Licensees
36 O.S. § 1425.2
Maintenance
36 O.S. § 1435.8, 1435.12, 1435.29-30
Appointment Procedures
36 O.S. § 1435.7
Disciplinary Actions
36 O.S. § 1435.13
Insurance Terms and Related Concepts (15 items)
Insurance
WWW.PSIEXAMS.COM 20
Insurable Interest
Risk
Hazard
Peril
Loss
Direct
Indirect
Proximate Cause
Indemnity
Limits of Liability
Negligence
Crime & Fidelity Bonds (11 Items)
General Contract Knowledge
Definitions
Parties of a Contract
Underwriting Considerations
Premiums and Terms of Obligation
Claims
Power of Attorney
Crime
Theft, Disappearance, and Destruction
Robbery and Safe Burglary
Premises Burglary
Custodian
Messenger
Guard or Watchperson
Purpose and Type of Fidelity Bonds
Individual Schedule
Blanket
Financial Institutions
CONTENT OUTLINE (EFFECTIVE 8/30/07)
State Insurance Laws & Regulations (8 items)
Property and Casualty Insurance Guaranty
Association
36 O.S. § 2002
Cancellation and Nonrenewal
36 O.S. § 940, 943, 3622, 4805
Binders
36 O.S. § 3622
Proof of Loss
36 O.S. § 4805
Unfair Claims Settlement Practices
36 O.S. § 1250.4-5, 1250.14
State Insurance Commissioner's General Duties and
Powers
36 O.S. § 307, 309
Examination of Books and Records
36 O.S. § 2413
State Specific Definitions
36 O.S. § 1250.6
Licensing (1 item)
Purpose
36 O.S. § 1435.3
Process
36 O.S. § 1435.7-8
Types of Licensees
36 O.S. § 1425.2
Maintenance
36 O.S. § 1435.8, 1435.12, 1435.29-30
Appointment Procedures
36 O.S. § 1435.7
Disciplinary Actions
36 O.S. § 1435.13
Insurance Terms and Related Concepts (8 items)
Insurance
Insurable Interest
Risk
Hazard
Peril
Loss
Direct
Indirect
Proximate Cause
Indemnity
Limits of Liability
Negligence
Crime & Fidelity Bonds (11 items)
Crime
Theft, Disappearance and Destruction
Robbery and Safe Burglary
Premises Burglary
Custodian
Messenger
Guard or Watchperson
Purpose and Type of Fidelity Bonds
Individual Schedule
Blanket
Financial Institutions
Policy Provisions & Contract Law (7 items)
General Contract Knowledge
Definitions
Parties of a Contract
Underwriting Considerations
Premiums and Terms of Obligation
Claims
Power of Attorney
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Life & Health Insurance, Kenneth Black, Jr., Harold D.
Skipper, Jr., 2000, 13
th
Edition, Prentice-Hall, (800) 382-
3419, www.prenhall.com, ISBN 0138912505
WWW.PSIEXAMS.COM 21
Life & Health Pathfinder, William H. Cummings, J. Mack
Spears , 2003, 14th Edition, Pathfinder Publishers, (800) 592-
4242, www.pathfinderedu.com, ISBN 0135357810
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
Insurance for Dummies, Jack Hungelmann, 2001, Wiley
Publishing, Inc., (877) 762-2974, www.dummies.com, ISBN 0-
7645-5294-5
Property-Casualty Concepts, 2006, 10
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3780-6
Insurance Law: A Guide to Fundamental Principles, Legal
Doctrines, and Commercial Practices, Keeton and Widiss,
1988, Thomson/West, (800) 344-5008,
www.west.thomson.com, ISBN 0-314-39187-8
Introduction to Risk Management and Insurance, Mark S.
Dorfman, 2004, 8
th
Edition, Prentic e-Hall, (800) 382-3419,
www.prenhall.com, ISBN 0-13-144958-3
Property & Casualty Pathfinder, William H. Cummings, J.
Mack Spears, 2004, 9
th
Edition, , Pathfinder Publishers, (800)
592-4242, www.pathfinderedu.com, ISBN 0-9749448-0-0
Property and Liability Insurance Principles, 2005, 4th Edition,
Insurance Institute of America, (610) 644-2100,
www.aicpcu.org
Oklahoma Property and Casualty Insurance License Exam
Manual, 2005, 1-4195-2028-8, Dearborn Financial Institute,
Inc., a Division of Dearborn Financial Publishing, Inc.
CROP & HAIL ADJUSTER
# of Items
Minimum Passing
Score
Time Allowed
35
70% (25 correct)
1 hour
CONTENT OUTLINE (EFFECTIVE THRU 8/29/07)
State Insurance Laws & Regulations (6 items)
Property and Casualty Insurance Guaranty
Association
36 O.S. § 2002
Cancellation and Nonrenewal
36 O.S. § 940, 943, 3622, 4805
Binders
36 O.S. § 3622
Proof of Loss
36 O.S. § 4805
Surplus Lines
36 O.S. § 1106
Unfair Claims Settlement Practices
36 O.S. § 1250.4-5, 1250.14
State Insurance Commissioner's General Duties
and Powers
36 O.S. § 307, 309, 309.2
State Specific Definitions
36 O.S. § 1250.6
Licensing (3 items)
Purpose
36 O.S. § 1435.3
Process
36 O.S. § 1435.7-8
Types of Licensees
36 O.S. § 1425.2, 1435.7, 1435.12
Maintenance
36 O.S. § 1435.8, 1435.29-30
Appointment Procedures
36 O.S. § 1435.7
Disciplinary Actions
36 O.S. § 1435.13
Insurance Terms and Related Concepts (5 items)
Insurance
Insurable Interest
Risk
Hazard
Peril
Loss
Proximate Cause
Actual Cash Value
Replacement Cost
Coinsurance/Insurance to Value
Cancellation
Nonrenewal
Policy Provisions and Contract Law (5 items)
Insuring Agreement
Conditions
Exclusions
Definition of the Insured
Duties of the Insured and Producer
Proof of Loss
Notice of Claim
Arbitration
Elements of a Contract
Warranties, Representations, and Conc ealment
Binders
Crop Hail/Multiple Peril Insurance (16 items)
Crop Identification and Location
Policy Rates and Filing
Coverages Available
Terms of Coverage
Liability
Insured Eligibility
Other Provisions
Standard Measures
CONTENT OUTLINE (EFFECTIVE 8/30/07)
State Insurance Laws & Regulations (5 items)
Property and Casualty Insurance Guaranty
Association
36 O.S. § 2002
Cancellation and Nonrenewal
WWW.PSIEXAMS.COM 22
36 O.S. § 940, 943, 3622, 4805
Binders
36 O.S. § 3622
Proof of Loss
36 O.S. § 4805
Surplus Lines
36 O.S. § 1106
Unfair Claims Settlement Practices
36 O.S. § 1250.4-5, 1250.14
State Insurance Commissioner's General Duties
and Powers
36 O.S. § 307, 309, 309.2
State Specific Definitions
36 O.S. § 1250.6
Licensing (4 items)
Purpose
36 O.S. § 1435.3
Process
36 O.S. § 1435.7-8
Types of Licensees
36 O.S. § 1425.2, 1435.7, 1435.12
Maintenance
36 O.S. § 1435.8, 1435.29-30
Appointment Procedures
36 O.S. § 1435.7
Disciplinary Actions
36 O.S. § 1435.13
Insurance Terms and Related Concepts (5 items)
Insurance
Insurable Interest
Risk
Hazard
Peril
Loss
Proximate Cause
Actual Cash Value
Replacement Cost
Coinsurance/Insurance to Value
Cancellation
Nonrenewal
Policy Provisions and Contract Law (5 items)
Insuring Agreement
Conditions
Exclusions
Definition of the Insured
Duties of the Insured and Producer
Proof of Loss
Notice of Claim
Arbitration
Elements of a Contract
Warranties, Representations, and Concealment
Binders
Crop Hail/Multiple Peril Insurance (16 items)
Crop Identification and Location
Policy Rates and Filing
Coverages Available
Terms of Coverage
Liability
Insured Eligibility
Other Provisions
Standard Measures
Multiple Peril Crop Insurance
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Life & Health Insurance, Kenneth Black, Jr., Harold D.
Skipper, Jr., 2000, 13
th
Edition, Prentice-Hall, (800) 382-
3419, www.prenhall.com, ISBN 0138912505
Life & Health Pathfinder, William H. Cummings, J. Mack
Spears , 2003, 14th Edition, Pathfinder Publishers, (800) 592-
4242, www.pathfinderedu.com, ISBN 0135357810
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
Insurance for Dummies, Jack Hungelmann, 2001, Wiley
Publishing, Inc., (877) 762-2974, www.dummies.com, ISBN 0-
7645-5294-5
Property-Casualty Concepts, 2006, 10
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3780-6
Insurance Law: A Guide to Fundamental Principles, Legal
Doctrines, and Commercial Practices, Keeton and Widiss,
1988, Thomson/West, (800) 344-5008,
www.west.thomson.com, ISBN 0-314-39187-8
Introduction to Risk Management and Insurance, Mark S.
Dorfman, 2004, 8
th
Edition, Prentice-Hall, (800) 382-3419,
www.prenhall.com, ISBN 0-13-144958-3
Property & Casualty Pathfinder, William H. Cummings, J.
Mack Spears, 2004, 9
th
Edition, , Pathfinder Publishers, (800)
592-4242, www.pathfinderedu.com, ISBN 0-9749448-0-0
Crop Hail Insurance Policy (NCIS 3, NCIS 3OK, NCIS 5, NCIS
635), 2007, National Crop Insurance Services, available from
the Oklahoma Insurance Department, (800) 522-0071,
www.oid.state.ok.us
Property and Liability Insurance Principles, 2005, 4th Edition,
Insurance Institute of America, (610) 644-2100,
www.aicpcu.org
Oklahoma Property and Casualty Insurance License Exam
Manual, 2005, 1-4195-2028-8, Dearborn Financial Institute,
Inc., a Division of Dearborn Financial Publishing, Inc.
WWW.PSIEXAMS.COM 23
WORKERS’ COMPENSATION ADJUSTER
# of Items
Minimum Passing
Score
Time Allowed
35
70% (25 correct)
1 hour
CONTENT OUTLINE
State Insurance Laws & Regulations (3 items)
Cancellation and Nonrenewal
36 O.S. § 940, 943, 3622, 4805
Binders
36 O.S. § 3622
Proof of Loss
36 O.S. § 4805
Surplus Lines
36 O.S. § 1106
Unfair Claims Settlement Practices
36 O.S. § 1250.4-5, 1250.14
State Insurance Commissioner's General Duties
and Powers
36 O.S. § 307, 309, 309.2
State Specific Definitions
36 O.S. § 1250.6, 2002, 2003
State Workers' Compensation (4 items)
State Statutory Coverage
Definitions
85 O.S. § 2, 16
Employment Covered
Employment Excluded
Sole Proprietors and Partners
85 O.S. § 2.1
Benefits
85 O.S. § 15, 41, 48
Waiting Period
85 O.S. § 13-14
Licensing (2 items)
Purpose
36 O.S. § 1435.3
Process
36 O.S. § 1435.7, 1435.12
Types of Licensees
36 O.S. § 1425.2, 1 435.7, 1435.12, 1435.30
Maintenance
36 O.S. § 1435.8, 1435.29
Appointment Procedures
Disciplinary Actions
36 O.S. § 1435.13
Insurance Terms and Related Concepts (6 Items)
Insurance
Loss
Proximate Cause
Indemnity
Limits of Liability
Negligence
Policy Provisions and Contract Law (8 items)
Duties of the Insured
Forms
Notice of Claim
Subrogation
Cancellation
Nonrenewal
Elements of a Legal Contract
Workers' Compensation (12 items)
Workers' Compensation Insurance
Standard Policy Concepts
Coverages
Work-Related vs. Non-Work-Related
Benefits
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Life Concepts, 2006, 18
th
Edition, Kaplan Financial, (800) 824-
8742, www.kaplanfinancial.com, ISBN 1-4195-3997-3
Health Concepts, 2006, 18
th
Edition, Kaplan Financial, (800)
824-8742, www.kaplanfinancial.com, ISBN 1-4195-3788-1
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
Insurance for Dummies, Jack Hungelmann, 2001, Wiley
Publishing, Inc., (877) 762-2974, www.dummies.com, ISBN 0-
7645-5294-5
Property-Casualty Concepts, 2006, 10
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3780-6
Introduction to Risk Management and Insurance, Mark S.
Dorfman, 2004, 8
th
Edition, Prentice-Hall, (800) 382-3419,
www.prenhall.com, ISBN 0-13-144958-3
Property & Casualty Pathfinder, William H. Cummings, J.
Mack Spears, 2004, 9
th
Edition, , Pathfinder Publishers, (800)
592-4242, www.pathfinderedu.com, ISBN 0-9749448-0-0
Oklahoma Statutes Title 85 - Workers Compensation, 2005,
Oklahoma Legislature, (800) 522-8502, www.lsb.state.ok.us
Property and Liability Insurance Principles, 2005, 4th Edition,
Insurance Institute of America, (610) 644-2100,
www.aicpcu.org
Workers Compensation Coverage, 2006, 3
rd
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-8099-X
WWW.PSIEXAMS.COM 24
Oklahoma Property and Casualty Insurance License Exam
Manual, 2005, 1-4195-2028-8, Dearborn Financial Institute,
Inc., a Division of Dearborn Financial Publishing, Inc.
MOTOR VEHICLE (PD) ADJUSTER
# of Items
Minimum Passing
Score
Time Allowed
35
70% (25 correct)
1 hour
CONTENT OUTLINE
State Insurance Laws & Regulations (3 Items)
Property and Casualty Insurance Guaranty
Association
36 O.S. § 1250.6, 2002
Cancellation and Nonrenewal
36 O.S. § 940
Binders
36 O.S. § 3622
Proof of Loss
36 O.S. § 4805
Surplus Lines
36 O.S. § 1106
Unfair Claims Settlement Practices
36 O.S. § 1250.4-5, 1250.14
State Insurance Commissioner's General Duties
and Powers
36 O.S. § 307, 309, 309.2
State Specific Definitions
36 O.S. § 1250.2
State Auto Insurance Laws (5 Items)
Required Coverages
36 O.S. § 941, 3635.1; 47 O.S. § 316
Uninsured/Underinsured Motorists
36 O.S. § 941.2, 3636
Policy Expiration
36 O.S. § 3635.1, 3636.1
Accident Prevention Course
Auto Assigned Risk Plan
Licensing (1 Item)
Purpose
36 O.S. § 1435.3
Process
36 O.S. § 1435.7, 1435.12
Types of Lic ensees
36 O.S. § 1425.2
Maintenance
36 O.S. § 1435.8, 1435.12, 1435.29-30
Appointment Procedures
36 O.S. § 1435.7, 1435.12
Disciplinary Actions
36 O.S. § 1435.13
Insurance Terms and Related Concepts (5 Items)
Insurance
Insurable Interest
Risk
Hazard
Peril
Loss
Direct
Indirect
Proximate Cause
Indemnity
Limits of Liability
Negligence
Policy Provisions and Contract Law (6 Items)
Definition of the Insured
Duties of the Insured
Proof of Loss
Notice of Claim
Subrogation
Loss Settlement
Cancellation
Nonrenewal
Elements of a Legal Contract
Types of Auto Insurance (15 Items)
Personal Auto and Business Auto
Liability
Medical Payments
Physical Damage
Uninsured Motorist
Underinsured Motorist
Who is an Insured?
Types of Autos
Owned
Non-owned
Hired
Temporary Substitute
Garage Coverage Form, including
Garagekeepers Insurance
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
Oklahoma Statutes Title 47 - Motor Vehicles, 2005, Oklahoma
Legislature, (800) 522-8502, www.lsb.state.ok.us
Insurance for Dummies, Jack Hungelmann, 2001, Wiley
Publishing, Inc., (877) 762-2974, www.dummies.com, ISBN 0-
7645-5294-5
WWW.PSIEXAMS.COM 25
Property-Casualty Concepts, 2006, 10
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3780-6
Insurance Law: A Guide to Fundamental Principles, Legal
Doctrines, and Commercial Practices, Keeton and Widiss,
1988, Thomson/West, (800) 344-5008,
www.west.thomson.com, ISBN 0-314-39187-8
Introduction to Risk Management and Insurance, Mark S.
Dorfman, 2004, 8
th
Edition, Prentice-Hall, (800) 382-3419,
www.prenhall.com, ISBN 0-13-144958-3
Property & Casualty Pathfinder, William H. Cummings, J.
Mack Spears, 2004, 9
th
Edition, , Pathfinder Publishers, (800)
592-4242, www.pathfinderedu.com, ISBN 0-9749448-0-0
Property and Liability Insurance Principles, 2005, 4th Edition,
Insurance Institute of America, (610) 644-2100,
www.aicpcu.org
Oklahoma Property and Casualty Insurance License Exam
Manual, 2005, 1-4195-2028-8, Dearborn Financial Institute,
Inc., a Division of Dearborn Financial Publishing, Inc.
CASUALTY ADJUSTER
# of Items
Minimum Passing
Score
Time Allowed
35
70% (25 correct)
1 hour
CONTENT OUTLINE
State Insurance Laws & Regulations (7 Items)
Property and Casualty Insurance Guaranty
Association
36 O.S. § 940, 1250.6, 2002
Cancellation and Nonrenewal
36 O.S. § 3636.1
Binders
36 O.S. § 3622
Proof of Loss
36 O.S. § 4805
Surplus Lines
36 O.S. § 1106
Unfair Claims Settlement Practices
36 O.S. § 1250.2, 1250.4-5, 1250.14
State Insurance Commissioner's General Duties
and Powers
36 O.S. § 307, 309, 309.2
State Specific Definitions
47 O.S. § 316, 501
Licensing (2 Items)
Purpose
36 O.S. § 1435.3
Process
36 O.S. § 1435.7, 1435.12
Types of Licensees
36 O.S. § 1425.2, 1435.7, 1435.12
Maintenance
36 O.S. § 1435.8, 1435.29-30
Appointment Procedures
36 O.S. § 1435.7, 1435.12
Disciplinary Actions
36 O.S. § 1435.13
Insurance Terms and Related Concepts (5 Items)
Insurance
Insurable Interest
Risk
Hazard
Peril
Loss
Direct
Indirect
Proximate Cause
Indemnity
Limits of Liability
Negligence
Policy Provisions and Contract Law (6 Items)
Contract of Adhesion
Definition of the Insured
Duties of the Insured
Proof of Loss
Notice of Claim
Subrogation
Loss Settlement
Cancellation
Contract of Adhesion
Nonrenewal
Elements of a Legal Contract
Insurance Concepts
Elements of a Legal Contract
Types of Casualty Policies, Bonds and Related Terms (15
Items)
Elements of a Legal Contract
Uninsured Motorist Policy
Elements of a Legal Contract
Commercial General Liability
Basic Hazards
Commercial General Liability Coverage Forms
Owners and Contractors Protective Liability
Professional Liability
Errors and Omissions
Directors and Officers
Umbrella/Excess Liability
Purpose and Type of Surety Bonds
Contract
Court
Public Official
Obligation to the Surety
Parties to the Surety
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
WWW.PSIEXAMS.COM 26
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Life Concepts, 2006, 18
th
Edition, Kaplan Financial, (800) 824-
8742, www.kaplanfinancial.com, ISBN 1-4195-3997-3
Health Concepts, 2006, 18
th
Edition, Kaplan Financial, (800)
824-8742, www.kaplanfinancial.com, ISBN 1-4195-3788-1
Life & Health Insurance, Kenneth Black, Jr., Harold D.
Skipper, Jr., 2000, 13
th
Edition, Prentice-Hall, (800) 382-
3419, www.prenhall.com, ISBN 0138912505
Life & Health Pathfinder, William H. Cummings, J. Mack
Spears , 2003, 14th Edition, Pathfinder Publishers, (800) 592-
4242, www.pathfinderedu.com, ISBN 0135357810
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
Oklahoma Statutes Title 47 - Motor Vehicles, 2005, Oklahoma
Legislature, (800) 522-8502, www.lsb.state.ok.us
Insurance for Dummies, Jack Hungelmann, 2001, Wiley
Publishing, Inc., (877) 762-2974, www.dummies.com, ISBN 0-
7645-5294-5
Property-Casualty Concepts, 2006, 10
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3780-6
Insurance Law: A Guide to Fundamental Principles, Legal
Doctrines, and Commercial Practices, Keeton and Widiss,
1988, Thomson/West, (800) 344-5008,
www.west.thomson.com, ISBN 0-314-39187-8
Introduction to Risk Management and Insurance, Mark S.
Dorfman, 2004, 8
th
Edition, Prentice-Hall, (800) 382-3419,
www.prenhall.com, ISBN 0-13-144958-3
Property & Casualty Pathfinder, William H. Cummings, J.
Mack Spears, 2004, 9
th
Edition, , Pathfinder Publishers, (800)
592-4242, www.pathfinderedu.com, ISBN 0-9749448-0-0
Property and Liability Insurance Principles, 2005, 4th Edition,
Insurance Institute of America, (610) 644-2100,
www.aicpcu.org
Workers Compensation Coverage, 2006, 3
rd
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-8099-X
Oklahoma Property and Casualty Insurance License Exam
Manual, 2005, 1-4195-2028-8, Dearborn Financial Institute,
Inc., a Division of Dearborn Financial Publishing, Inc.
PROPERTY, CASUALTY & MOTOR VEHICLE
ADJUSTER
# of Items
Minimum Passing Score Time
Allowed
100
70% (70 correct)
2 ½ hours
CONTENT OUTLINE
State Insurance Laws & Regulations (13 Items)
Property and Casualty Insurance Guaranty
Association
36 O.S. § 2002
Cancellation and Nonrenewal
36 O.S. § 940, 941
Binders
36 O.S. § 3622
Proof of Loss
36 O.S. § 4805
Surplus Lines
36 O.S. § 1106
Unfair Claims Settlement Practices
36 O.S. § 1250.4-5, 1250.14
State Insurance Commissioner's General Duties
and Powers
36 O.S. § 307, 309, 309.2
State Specific Definitions
36 O.S. § 1250.2, 1250.6-7; Sec. 365:15-1-6
State Auto Insurance Laws (9 Items)
Required Coverages
36 O.S. § 1250.8, 3635.1
Uninsured/Underinsured Motorists
36 O.S. § 941.2, 3636
Policy Expiration
36 O.S. § 3635.1, 3636.1
Auto Assigned Risk Plan
47 O.S. § 501
Total Loss Law/Salvage
36 O.S. § 1250.8
Licensing (3 Items)
Purpose
36 O.S. § 1435.3
Process
36 O.S. § 1435.7, 1435.12
Types of Licensees
36 O.S. § 1425.2, 1435.12, 1435.30
Maintenance
36 O.S. § 1435.8, 1435.29
Appointment Procedures
36 O.S. § 1435.7, 1435.12
Disciplinary Actions
36 O.S. § 1435.13
Insurance Terms and Related Concepts (15 Items)
Insurance
Insurable Interest
Risk
Hazard
Peril
Loss
Direct
Indirect
WWW.PSIEXAMS.COM 27
Proximate Cause
Indemnity
Coinsurance
Limits of Liability
Negligence
Policy Provisions and Contract Law (10 Items)
Definition of the Insured
Duties of the Insured
Proof of Loss
Contract of Adhesion
Notice of Claim
Subrogation
Loss Settlement
Cancellation
Nonrenewal
Elements of a Legal Contract
Types of Casualty Policies, Bonds and Related Terms (15
Items)
Commercial General Liability
Basic Hazards
Commercial General Liability Coverage Forms
Owners and Contractors Protective Liability
Purpose and Type of Surety Bonds
Contract
Court
Public Official
Obligation to the Surety
Parties to the Surety
Professional Liability
Errors and Omissions
Directors and Officers
Umbrella/Excess Liability
Types of Property Policies (15 Items)
Personal Lines
Dwelling and Contents (DP Forms)
Personal Liability
Homeowners (HO Forms )
Mobile Homes
Commercial Lines
Commercial Property
Commercial Package Policy (CPP)
Boiler and Machinery Coverage Forms
Businessowners Policy (BOP)
Bonding and Crime
Fidelity
Crime
Inland Marine
Personal Floaters
Commercial Floaters
Nationwide Definition
Others
Flood
Personal Watercraft
Commercial Ocean Marine
Farm
Earthquake
Types of Auto Insurance (20 Items)
Personal Auto and Business Auto
Liability
Medical Payments
Physical Damage
Uninsured Motorist
Underinsured Motorist
Who is an Insured?
Types of Autos
Owned
Non-owned
Hired
Temporary Substitute
Garage Coverage Form, including
Garagekeepers Insurance
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
Dictionary of Insurance Terms, Harvey W. Rubin, 2000, 4th
Edition, John Wiley and Sons, Inc., (201) 748-6000,
http://barronseduc.com.
Life Concepts, 2006, 18
th
Edition, Kaplan Financial, (800) 824-
8742, www.kaplanfinancial.com, ISBN 1-4195-3997-3
Health Concepts, 2006, 18
th
Edition, Kaplan Financial, (800)
824-8742, www.kaplanfinancial.com, ISBN 1-4195-3788-1
Life & Health Insurance, Kenneth Black, Jr., Harold D.
Skipper, Jr., 2000, 13
th
Edition, Prentice-Hall, (800) 382-
3419, www.prenhall.com, ISBN 0138912505
Life & Health Pathfinder, William H. Cummings, J. Mack
Spears , 2003, 14th Edition, Pathfinder Publishers, (800) 592-
4242, www.pathfinderedu.com, ISBN 0135357810
Oklahoma Statutes Title 36 - Insurance (Oklahoma Insurance
Code), 2005, Oklahoma Legislature, (800) 522-8502,
www.lsb.state.ok.us
Oklahoma Statutes Title 47 - Motor Vehicles, 2005, Oklahoma
Legislature, (800) 522-8502, www.lsb.state.ok.us
Insurance for Dummies, Jack Hungelmann, 2001, Wiley
Publishing, Inc., (877) 762-2974, www.dummies.com, ISBN 0-
7645-5294-5
Property-Casualty Concepts, 2006, 10
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3780-6
Insurance Law: A Guide to Fundamental Principles, Legal
Doctrines, and Commercial Practices, Keeton and Widiss,
1988, Thomson/West, (800) 344-5008,
www.west.thomson.com, ISBN 0-314-39187-8
Introduction to Risk Management and Insurance, Mark S.
Dorfman, 2004, 8
th
Edition, Prentice-Hall, (800) 382-3419,
www.prenhall.com, ISBN 0-13-144958-3
WWW.PSIEXAMS.COM 28
Commercial Property Coverage, 2006, 5
th
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-4022-X
Property & Casualty Pathfinder, William H. Cummings, J.
Mack Spears, 2004, 9
th
Edition, , Pathfinder Publishers, (800)
592-4242, www.pathfinderedu.com, ISBN 0-9749448-0-0
NFIP General Property Policy Form - Standard Flood Insurance
Policy, 2000, FEMA, (800) 621-3362,
www.fema.gov/business/nfip/sfip.shtm#2
NFIP Dwelling Policy Form - Standard Flood Insurance Policy,
2000, FEMA, (800) 621-3362,
www.fema.gov/business/nfip/sfip.shtm#2
Homeowners 2000 Coverage, 2006, 1
st
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-3992-2
Property and Liability Insurance Principles, 2005, 4th Edition,
Insurance Institute of America, (610) 644-2100,
www.aicpcu.org
Workers Compensation Coverage, 2006, 3
rd
Edition, Kaplan
Financial, (800) 824-8742, www.kaplanfinancial.com, ISBN 1-
4195-8099-X
Oklahoma Property and Casualty Insurance License Exam
Manual, 2005, 1-4195-2028-8, Dearborn Financial Institute,
Inc., a Division of Dearborn Financial Publishing, Inc.
AIRCRAFT TITLE
# of Items
Minimum Passing Score Time
Allowed
35
70% (25 correct)
1 hour
CONTENT OUTLINE
State Laws & Regulations (9 items)
Definitions
36 O.S. § 1425.2, 1435.7
Duly Certified Abstract
Statutory Requirements
36 O.S. § 1250.6; Reg. 365: 20-3-2, 20-3-3
Countersigning of Policies
Opinion of Title
Preparation of Abstract
Payment of Commissions
36 O.S. § 1435.14
Rebating
36 O.S. § 1204
Inducement to Insurance
36 O.S. § 1204
Examination of Books and Records
36 O.S. § 1435.13; Reg. 365: 20-3-2
State Insurance Commissioner’s General Duties
and Powers
36 O.S. § 1435.13
Maintenance
36 O.S. § 1435.7-.8
Conveyances (8 Items)
FAA Procedures with Respect to Conveyances (4 Items)
Registration of Aircraft (4 Items)
Cape Town Treaty (4 Items)
Governing Law (2 Items)
Money Laundering (2 Items)
Money Transmission (2 Items)
REFERENCE LIST
The reference material listed below was used to prepare the
questions for this examination.
This examination is CLOSED BOOK.
The following reference materials are not allowed in the
examination center:
United States Code (USC)
Title 49 Sec. 40102, Sec. 44101-44112
Public Law 108-297 or Statutues at Large Vol. 118 p.1095
14 Code of Federal Regulations Sec. 47.1 and following and
Sec. 49.1 and following
Cape Town Treaty 108-10 (obtainable from the Library of
Congress or the Thomas website)
Title 18 Sec. 1956, Sec. 1957
Title 31 Sec. 53.11, 53.12, 53.21, 53.24, 53.30, 53.40
Title 31 Code of Federal Regulations Sec. 103.11
21 USC Sec. 881, Sec. 952
WWW.PSIEXAMS.COM 29
OKLAHOMA INSURANCE DEPARTMENT
EXAMINATION REGISTRATION FORM
Read the Candidate Information Bulletin before filling out this registration form. You must provide all information requested and submit the
appropriate fee. PLEASE TYPE OR PRINT LEGIBLY. Registration forms that are incomplete, illegible, or not accompanied by the proper fee will be
returned unprocessed. Registration fees are not refundable or transferable.
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Number, Street (Must be a physical address, PO Boxes are NOT accepted) Apt/Ste
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7. Examination: The following examinations are $35 per examination. (Please check)
Life Accident & Health Aircraft Title
P&C Personal
LIfe/A&H Title Producer P&C Combined Lines
Property, Casualty & Motor Vehicle (Adjuster)
The following Adjuster examinations are $20 per examination. (Please check one)
Fire & Allied Lines Crop & Hail Worker’s Compensation
Casualty Crime & Fidelity Bonds Motor Vehicle Physical Damage
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WWW.PSIEXAMS.COM 30
Books and More are Now Available at The PSI Online Store!
TO GET THE REFERENCE AND STUDY MATERIALS YOU NEED TO PREPARE
FOR YOUR EXAMINATION, SIMPLY LOG IN TO THE PSI ONLINE STORE.
You can also call The PSI Online Store toll-free at (866) 589-3088 to place your order.
Commercial Property Coverage
2006, 5th Edition, Kaplan Financial
Price
$40.00
Health Concepts
2006, 18th Ed., Kaplan Financial
Price
$38.00
Homeowners 2000 Coverage
2006, 1ST ED., Kaplan Financial
Price
$38.00
Life Concepts
2006, 18TH ED., Kaplan Financial
Price
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Personal Auto Coverage
2006, 4th Edition Revised, Kaplan Financial
Price
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Property-Casualty Concepts
2006, 10th Edition, Kaplan Financial
Price
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2006, 3rd Edition, Kaplan Financial
Price
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LOCATED AT
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WWW.PSIEXAMS.COM 31
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All examination centers are equipped to provide access in accordance with the Americans with Disabilities Act (ADA) of 1990.
Applicants with disabilities or those who would otherwise have difficulty taking the examination may request special examination
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WWW.PSIEXAMS.COM 32
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