Oklahoma Insurance Exam Guides
Pick the license you're studying for. Each guide covers Oklahoma-specific requirements, fees, and official links — plus a free practice exam. Then scroll down to explore the Oklahoma exam's state-law material, mapped.
Free study resource
What's actually tested on the Oklahoma exam — the state regulations, mapped
Every Oklahoma insurance exam reserves a block of questions for Oklahoma-specific law — the fees, deadlines, limits, and rules that generic national study guides gloss over. This is that material: 156 facts from the TESTivity Oklahoma regulations curriculum, organized the way we teach them. Open a branch, explore, and let the structure do some of the remembering for you.
Every fact below carries its source citation and the date we last verified it (most recently August 2026) — and is re-checked on a schedule. Facts marked tested are ones you should expect to see on the exam.
Life 19 facts
The life insurance rules that differ by state — free look, grace, reinstatement.
- Incontestability period tested2 years — a policy is incontestable after 2 years from the date of issue during the insured's lifetime (except for nonpayment and certain riders)
- Grace period for individual life tested30 days (one month of not less than 30 days), during which the policy stays in force; an overdue premium is deducted from the proceeds if a claim arises
- Window to reinstate a lapsed policy testedWithin 3 years of premium default, on proof of insurability and payment of overdue premiums with interest (unless the policy was surrendered for cash value or the extended-term period expired)
- Max interest chargeable on reinstatement, if capped testedOverdue premiums are paid with interest at a rate not exceeding 6% per year, compounded annually
- Suicide exclusion period testedA CEILING on what the insurer may exclude, not a mandate: a policy "may contain" an exclusion for death within 2 years of issue by "suicide, while sane or insane," and where it does, "the insurer shall return the amount of all premiums paid." Subsection D scopes the whole section away from GROUP life
- Free look for annuities testedAt least 15 days for an annuity IF the Buyer's Guide and disclosure document were not delivered at or before application (this free look runs concurrently with any other)
- Free look on a replacement life or annuity policy testedAT LEAST 20 DAYS - "The insurer shall guarantee the policyholder at least a twenty-day right to return the policy after delivery for a full refund of premium." It is a floor, not a fixed period, and it is double the 10 days a non-replacement policy gets
- Free look for long-term care tested30 days for long-term care, from delivery, for a full refund
- Required nonforfeiture options testedCash surrender value, reduced paid-up insurance and extended term insurance. Note the chain: 36 O.S. §4009 is a pure cross-reference - "There shall be provisions for nonforfeiture benefits and cash surrender values as required by Section 4029 of this article" - and §4029 is the Standard Nonforfeiture Law, which requires a paid-up nonforfeiture benefit after three years of premium payment. A candidate who stops at §4009 learns nothing
- Registrations required to sell variable products testedVariable life and variable annuities require the Oklahoma Life line plus a Variable line of authority and FINRA registration (a CRD number; a Series 6 or 7 with a Series 63) — they are securities
- Does the state regulate viatical/life settlements? testedYes — Oklahoma regulates viatical and life settlements under the Life Settlements Act (36 O.S. §4055.1 et seq.); providers and brokers must be licensed
- Viator's rescission window testedThe viator may rescind by the earlier of 30 days after the contract is executed or 15 days after the settlement proceeds are received; if the insured dies during the rescission period, the contract is deemed rescinded
- Has the state adopted the NAIC best interest standard? testedYES — Oklahoma adopted the NAIC 2020 best interest annuity standard, effective September 1, 2023 (OAC 365:25-17), with a producer best-interest duty and a training requirement
- Free look on an individual life policy or annuity tested10 DAYS from the date the policy is delivered, and the policy is "void from the beginning" - not merely cancelled going forward. The insurer must refund "within thirty (30) days from the date of cancellation," with interest at the prior year's average US Treasury Bill rate PLUS TWO PERCENTAGE POINTS if it is late. Credit-transaction life and contractual conversions are excluded. NOTE: §4002 incorporates only "Sections 4003 to 4014, inclusive," and §4003.1 sits OUTSIDE that run - which is why it is so often missed
- Where life replacement is regulated testedBY STATUTE - the Life Insurance and Annuity Policyholders Protection Act, 36 O.S. §§4032-4037. Oklahoma did NOT adopt the NAIC replacement model regulation. OAC 365:10-5-7 ("Requirements for replacement") sits inside the ACCIDENT AND HEALTH minimum-standards part and is the A&H rule, not the life one
- The two five-day replacement clocks testedTwo duties, ONE shared trigger, and it is not the one most readers assume. Sec. 4034(C): the replacing insurer must review each statement "prior to commencing any underwriting," and "the review shall occur not later than five (5) days after receipt of the APPLICATION by the insurer." Sec. 4034(E): it must notify each replaced insurer's home office "within five (5) days of receipt of the APPLICATION." Both run from the application, not from the statement, even though the statement is what is being reviewed. Records kept at least 3 years (F); the twenty-day right to return is (G)
- The applicant may refuse notification of the replaced insurer testedAn Oklahoma-only limb: the applicant signs either authorising OR REFUSING notification to the existing insurer, and an UNSIGNED statement triggers a presumption of confidentiality so the replaced insurer is not notified. The NAIC model has no such opt-out. The contestability/suicide warning must be in 12-point type
- Policy loan interest ceiling testedTHREE ERAS. Policies issued before 1 Jan 1976: not in excess of 6%. From 1 Jan 1976 to 30 June 1982: a specified or variable rate not in excess of 8%. From 1 July 1982: the insurer ELECTS either a maximum of 8% or an ADJUSTABLE maximum not exceeding the higher of Moody's Published Monthly Average or the policy's own cash-value rate plus 1%, adjusted at least every 12 months but no more than once in any 3-month period
- Statutory minimum viatical payout percentages testedOklahoma sets statutory FLOOR PRICES rather than leaving price to the market (the band schedule is the one in the older NAIC viatical model regulation, and several other states carry it in identical terms): 80% of face where life expectancy is under 6 months; 70% at 6 to under 12 months; 65% at 12 to under 18 months; 60% at 18 to under 24 months
Health 22 facts
Health coverage rules — continuation, prompt pay, mandates, public programs.
- Has the state expanded Medicaid under the ACA? testedYES — Oklahoma expanded Medicaid by ballot measure (State Question 802), effective July 1, 2021, covering adults up to 138% of the federal poverty level through SoonerCare
- Effective date of expansion, if expanded testedJuly 1, 2021 (approved by voters as State Question 802 in June 2020)
- Agency administering Medicaid testedThe Oklahoma Health Care Authority (OHCA), which runs the SoonerCare program
- Federal marketplace or state-based exchange testedA STATE-BASED EXCHANGE on the federal platform (SBE-FP) since May 1, 2026 — Oklahoma now runs plan management and outreach while consumers still enroll through HealthCare.gov; a fully state-run exchange is planned for the 2028 plan year
- Name of the state CHIP program testedSoonerCare (Oklahoma's combined Medicaid/CHIP program); separate CHIP-funded programs include Soon-To-Be-Sooners and Insure Oklahoma
- Clean-claim payment deadline, electronic tested30 calendar days to pay a clean claim submitted electronically
- Clean-claim payment deadline, paper tested45 calendar days for a clean claim submitted on paper
- Does the state distinguish electronic vs paper claims? testedYes — Oklahoma splits the clean-claim deadline: 30 days electronic, 45 days paper
- Interest / penalty on late claim payment testedAn overdue payment "shall bear simple interest at the rate of ten percent (10%) per year," and in litigation THE PREVAILING PARTY - either side - recovers a reasonable attorney fee. Note the scope: §1219 is the health CLEAN-CLAIMS statute, not a general overdue-claim interest provision for P&C insureds
- Is the IRO's external review decision binding on the plan? testedYES — Oklahoma's external review, administered by the OID and decided by a randomly assigned Independent Review Organization, is BINDING on the health carrier
- Employer size at which federal COBRA applies testedFederal COBRA applies at 20+ employees; Oklahoma continuation reaches groups not subject to federal COBRA
- Employer size range covered by state continuation testedOklahoma continuation applies to group coverage not subject to federal COBRA (generally smaller groups)
- Duration of state continuation coverage tested"at least sixty-three (63) days after such termination" - DAYS, not months, and far shorter than the three to eighteen months typical of state continuation laws - and note that the statute sets a floor, "at least sixty-three (63) days," rather than a fixed term. The number tracks the HIPAA significant-break-in-coverage threshold, so the statute is engineered to bridge a creditable-coverage gap rather than to extend coverage
- Election period for state continuation tested"not later than the thirty-first day after the date the terminated employee is given notification" - the 31st day, an odd number easy to misremember as 30. The carrier must give that notification within 30 days of receiving notice from the plan sponsor
- Max premium as % of group rate tested"The premiums charged shall be the premiums which would have been charged for the coverage ... had termination not occurred" - Oklahoma does NOT authorise the 102% COBRA loading in this section
- Medicare supplement birthday rule testedA 60 CALENDAR DAY open enrollment period "beginning on the policyholder's birthday each year," during which an existing policyholder may move to a Medicare supplement policy of EQUAL OR LESSER benefits with the SAME OR A DIFFERENT carrier without medical underwriting, provided no gap in coverage greater than 90 days. Effective 1 September 2023. Note the subsection: the birthday rule is (f); subsection (g) is a different rule requiring notice to under-65 disability enrollees 60 to 90 days before the month they turn 65. Justia's OAC mirror carries neither
- Who receives an external review request, and who picks the reviewer testedTHE INSURANCE COMMISSIONER, not the carrier - "all requests for external review shall be made in writing to the Insurance Commissioner" - within "four (4) months" of the adverse determination (the same rule the federal convention states as 120 days; both are correct). Preliminary review in 5 BUSINESS days; the Commissioner assigns an approved IRO "on a random basis"; the IRO decides within 45 days; on a reversal the carrier "immediately shall approve" the coverage
- Grace period on an accident and health policy, by premium mode tested"not less than '7' for weekly premium policies, '10' for monthly premium policies and '31' for all other policies." This is the A&H rule - ORDINARY LIFE is a flat 30 days at §4003 with no mode variation, and candidates constantly apply the 7/10/31 ladder to a life policy
- Time limit on legal actions, accident and health testedNo suit before 60 days after written proof of loss, and none "after the expiration of three (3) years." Three years IS the NAIC uniform-provision figure - not a shortened variant. It is worth knowing because a good deal of study material teaches five
- Free look on an individual accident and health policy tested10 DAYS from delivery, by RULE rather than by statute - and 30 DAYS for a policy sold by direct response solicitation to a person eligible for Medicare. Both limbs carry an interest consequence if the insurer fails to refund within thirty days
- Minimum age at which a minor may contract for insurance tested16, raised from 15 by HB 1516 effective 1 November 2025, with parental consent. Any study material printing 15 is now wrong
- Anesthesia time limits testedPROHIBITED OUTRIGHT - a plan may not impose "time limits or coverage restrictions on anesthesia services provided during a medical or surgical procedure." SB 1019, effective 1 November 2025, Oklahoma's direct answer to the late-2024 national controversy
Auto 17 facts
Auto insurance — minimum limits, fault system, required coverages.
- Fault-based (tort) or no-fault testedTORT (at-fault) — the negligent driver's liability insurance pays the other party's damages. Oklahoma is NOT a no-fault state and has no mandatory PIP.
- Minimum bodily injury liability per person tested$25,000 per person
- Minimum bodily injury liability per occurrence tested$50,000 per accident
- Minimum property damage liability tested$25,000 per accident
- The memorizable shorthand (e.g. 30/60/25) tested25/50/25 - and unchanged since Laws 2004, c. 519, despite 2026-dated secondary-source headlines about "Oklahoma car insurance laws changing." Note the citation direction: 36 O.S. §3636 cross-refers to 47 O.S. §7-204 for the UM floor, NOT to §7-324
- Uninsured motorist: mandatory / must be offered & rejectable / not required testedMUST BE OFFERED, rejectable IN WRITING - and the statute does not require the rejection be made on the application itself. The rejection is permanent: the form "shall remain valid for the life of the policy and the completion of a new selection form shall not be required when a renewal, reinstatement, substitute, replacement, or amended policy is issued," and the insurer has no duty to re-advise availability at renewal
- Underinsured motorist status testedFolded into UM — Oklahoma treats underinsured-motorist protection as part of the uninsured motorist coverage (UM/UIM), so the single UM offer and rejection covers it
- Personal injury protection status testedNot required — Oklahoma is a tort state with no mandatory PIP (medical payments coverage is optional)
- Contributory / pure comparative / modified comparative negligence testedMODIFIED COMPARATIVE NEGLIGENCE with a 51% bar — a claimant recovers (reduced by their share) only if their negligence is NOT of a greater degree than the defendant's; a claimant whose fault is greater than the other party's recovers nothing, so a claimant exactly 50% at fault still recovers
- The bar percentage, if modified comparative tested51% bar — a claimant whose fault is greater than the defendant's recovers nothing (a claimant exactly 50% at fault still recovers)
- Assigned risk / residual market plan for auto testedThe Oklahoma Automobile Insurance Plan (OAIP) — the assigned-risk plan for drivers who cannot obtain coverage voluntarily (administered through AIPSO)
- Any alternative to buying liability insurance (e.g. VA's UMV fee) testedOklahoma's Compulsory Insurance Law requires liability coverage, verified through a live online insurance verification system; proof-of-security alternatives include a cash or securities deposit or approved self-insurance
- Does a tortfeasor's payment reduce the insured's UM limits? testedNO - Oklahoma is an ADD-ON, not a setoff, state: "any payment made by the insured tort-feasor shall not reduce or be a credit against the total liability limits as provided in the insured's own uninsured motorist coverage"
- Stacking of uninsured motorist limits testedTWO ERAS, trigger date 1 November 2014. Policies "issued, renewed or reinstated after November 1, 2014, shall not be subject to stacking or aggregation of limits unless expressly provided for by an insurance carrier" - non-stacking by default, with the carrier having to opt back in
- Statutory interest and fee shift on a first-party claim testedWhere the insured is the prevailing party the court "shall add interest on the verdict at the rate of fifteen percent (15%) per year from the date the loss was payable pursuant to the provisions of the contract to the date of the verdict," plus a two-way prevailing-party fee shift keyed to the insurer's written settlement offer - the INSURER prevails where judgment does not exceed the offer. Then the carve-out: "This provision shall not apply to uninsured motorist coverage"
- Motor vehicle total loss settlement testedTwo permitted methods, and BOTH require the insurer to pay "all applicable taxes, license fees and other fees incident to a transfer of evidence of ownership." A cash settlement must be built from local market pricing in the last 90 days, dealer quotations from the local market area, or "the cost of a comparable motor vehicle as quoted in the latest edition of the National Automobile Dealers Association Official Used Car Guide." Deductions must be "itemized and specified as to dollar amount"
- Assignment of post-loss insurance benefits testedBANNED. HB 1084, effective 1 November 2025, prohibits soliciting or accepting an assignment of post-loss benefits for property damage under collision, comprehensive, residential or commercial policies - "An assignment agreement is against public policy and is null and void"
CE & Renewal 10 facts
Continuing education and renewal rules — the numbers the exam loves.
- How long a license lasts before renewal tested2 years (biennial), expiring on the last day of the licensee's birth month. OID's fee schedule states the mechanic - individual licenses "pro-rate or short-rate to renew biennially on the last day of the licensee's birth month" - and §1435.36 supplies the authority: licenses "shall continue in force not longer than twenty-four (24) months"
- What the renewal date keys off (flat term / birthday / birth year) testedBirthday-based - the license expires on the last day of the licensee's birth month on a 2-year cycle, pro-rated at first issue. Renewal opens about 90 days before expiration and is online only. NOTE the CE clock starts on a DIFFERENT date: OAC 365:25-3-1(d)(1) says "The twenty-four month period begins the first day after the license is granted," so on a first license the two cycles do not align
- CE hours per renewal period, standard case tested24 CE hours per 2-year term — 3 hours ethics, 2 hours legislative update, and 19 hours general
- CE hours if holding multiple license types (if different) tested24 total each cycle — a single requirement covering all lines held; it is not stacked per line
- Ethics hours required per period tested3 hours of ethics each cycle, plus a distinctive 2-hour legislative-update requirement. The split comes from two instruments: 36 O.S. §1435.29(A)(1) requires "not less than twenty-one (21) clock hours" plus "three (3) clock hours of ethics," and the 2 legislative-update hours come from OAC 365:25-3-1, carved OUT of the statutory 21 rather than added on top
- Limits on who may provide CE credits testedOnly Oklahoma-approved courses count; OAC 365:25-3-1(j) permits repeating a course inside the 24-month period only where "the maximum credits designated for the course were not attained in the first attempt," and no credit beyond the maximum is given - the bar is on double-crediting rather than on repetition. Up to 6 excess hours carry forward to the next period
- Initial long-term care training requirement testedLONG-TERM CARE: no less than 8 hours initially and no less than 4 hours every 24 months, reaching a producer with an accident and health OR a life line, and the hours are CE-creditable. ANNUITY: a one-time 4-credit best-interest course, and for a producer who obtains a Life line on or after the rule's effective date it is a hard gate - such a producer "may not engage in the sale of annuities until the annuity training course required under this subsection has been completed." OID states the annuity training "counts toward 19 hours of producer general credit." There is NO flood gate - the 1-hour flood CE requirement was removed effective 15 September 2019
- What happens if CE is not completed (fine / expiry / cancellation) testedCE completion is a prerequisite for renewal, and OID holds that "an expired license may not be renewed" at all - so the consequence is structural rather than a fine. Finish CE 30 days before expiration. There is no per-hour or flat CE fine on a producer; the only civil penalty in §1435.29 targets CE PROVIDERS at not more than $500 per occurrence, and OID separately bills a provider $50 per course offering for failing to report a roster in SBS within 10 business days
- Late renewal / reinstatement tiers testedReinstatement without re-examination within 12 months of the renewal due date, at "a penalty in the amount of double the unpaid renewal fee" - $120 rather than $60. OID administers it as a fresh INITIAL application because it holds an expired license cannot be renewed, but "the license number and original expiration date will remain the same," and the licensee must be CE compliant at least 48 hours before submitting. A license stays active 3 days past expiration; reinstatement runs from the 4th day out to one year
- Any CE exemption (e.g. long-service agents) testedOAC 365:25-3-1(c)'s exceptions are limited lines producers, a nonresident licensed in a CE state who meets that state's requirement, and a nonresident from a non-CE state who completes another state's CE. The statute adds "Members of the Legislature." There is NO exemption keyed to age or years licensed, and no cap on self-study or online delivery. The Commissioner may grant up to a 12-month extension for disability, natural disaster or other extenuating circumstances if asked in writing at least 30 days before the period expires, and it does not move the next cycle's due date
Property 12 facts
Property insurance — rate regulation, residual markets, catastrophe exposure.
- Rate regulation system (file-and-use / prior approval / use-and-file) testedCOMPETITIVE / file-and-use — insurers file rates, loss costs, and manual rules with the Commissioner under Oklahoma's competitive rating system, rather than obtaining prior approval
- Is insurance credit scoring permitted in personal lines? testedPERMITTED but RESTRICTED — an insurer may not deny, cancel, nonrenew, or rate a personal-lines policy SOLELY on the basis of credit, and a scoring model may not use income, gender, address, ZIP, ethnicity, religion, marital status, or nationality
- Does the state have a FAIR Plan? testedNO - Oklahoma has NO FAIR Plan. Its residual mechanism is the Oklahoma Market Assistance Program (OK-MAP) under the Market Assistance Association Act, a market assistance mechanism rather than a pooled residual insurer - but not a mere referral service either: §6414(A) empowers the Association to "require members to issue policies of insurance to applicants," and the plan of operation appoints members on a rotating basis with risk-sharing. Membership is compulsory for "all insurers licensed in this state for BOTH property and casualty lines of business," and the 2026 annual member assessment is a flat $150, due 1 September 2026. The Commissioner may dissolve the Association when there is "no further need" and give companies 90 days to comply on reimplementation
- Dominant catastrophe perils in the state testedTornadoes and severe thunderstorms with hail and straight-line wind (Oklahoma sits in Tornado Alley), induced earthquakes (from wastewater injection), and wildfire — earthquake coverage is a separate add-on the homeowner may decline
- What license you must already hold to write surplus lines testedA surplus lines broker license - and it carries NO EXAMINATION, because OAC 365:25-3-16 exempts surplus lines brokers. A producer who acts before licensure has a 30-day cure: the penalty may be waived if OID "receives an application for licensure as a surplus lines broker within thirty (30) days from the effective date of the policy at issue"
- Is a diligent-effort search of the admitted market required first? testedYes, but read §1106's actual test rather than the usual shorthand: the coverage must be one that "cannot be procured from admitted insurers after inquiry in the market available to the insurance producer." An inquiry in the available market - the section does not require a documented count of declinations
- Does Oklahoma prescribe a standard fire policy? testedYES, and the full form is printed in the statute. "The printed form of a policy of fire insurance as set forth in subsection G of this section shall be known and designated as the standard fire insurance policy to be used in the State of Oklahoma," and no Oklahoma fire policy may issue unless it conforms "as to all provisions, stipulations, agreements and conditions" - though the Commissioner "may approve for use within the state any form of policy with variations." The form is written on ACTUAL CASH VALUE
- The clocks inside the standard fire policy testedProof of loss "within sixty days after the loss, unless such time is extended in writing by the Company"; the loss is "payable sixty days after proof of loss ... is received ... and ascertainment of the loss is made"; and no suit unless "commenced within twelve months next after inception of the loss." Note the collision: 36 O.S. §3629(B) independently requires a written offer of settlement or rejection within 60 days of the same proof of loss, with different consequences
- Is the appraisal clause statutory? testedYES for fire risks, because it sits inside the prescribed form: where insured and insurer "fail to agree as to the actual cash value or the amount of loss, then, on the written demand of EITHER, each shall select a competent and disinterested appraiser"
- Does Oklahoma have a valued policy law? testedNO - and the statute book enacts the OPPOSITE rule rather than merely being silent: "the company shall not be liable beyond the actual value of the insured property at the time of the loss or damage," with proportionate refund of the excess premium plus 6% interest. That is an anti-over-insurance provision, the structural inverse of a valued-policy statute. Article 48 was swept section by section (4801, 4802, 4803, 4803.1, 4804, 4805, 4806, no 4807, 4808, 4809) and no valued-policy provision exists
- Wind and hail mitigation grant programme testedThe Strengthen Oklahoma Homes Act, effective 1 November 2024, funds retrofits to the IBHS FORTIFIED Roof, Silver or Gold standard "or successor designation," and improvements "shall include the HAIL SUPPLEMENT" - a requirement written for Oklahoma's peril profile. The applicant must occupy a single-family primary residence with a homestead exemption, obtain at least three bids from IBHS Certified Contractors, and show in-force wind and flood insurance; grant funds go DIRECTLY TO CONTRACTORS. A mandatory insurer discount for FORTIFIED roofs was proposed in 2026 and NOT enacted
- Earthquake coverage in Oklahoma testedNo statutory mandatory-offer or disclosure requirement was located. OID's consumer guidance states that "a standard homeowner's policy does not cover earthquake damage," that insurers "may impose a waiting period anywhere from 72 hours to 60 days after an earthquake, depending on the magnitude," and that "earthquake deductibles are a percentage of the insured value of your home" rather than a flat dollar amount
Guaranty 14 facts
The safety nets when an insurer fails — and their limits.
- Name of the life & health guaranty association testedThe Oklahoma Life and Health Insurance Guaranty Association
- Life death benefit limit tested$300,000
- Life cash surrender / withdrawal value limit tested$100,000 net cash surrender value
- Annuity benefit limit tested$300,000 present value of annuity benefits (higher than the NAIC model's $250,000)
- Health benefit limit tested$500,000 for a health benefit plan (major medical); $300,000 for disability income or long-term care; $100,000 for other/basic health
- Aggregate per-individual cap, if any tested$300,000 in benefits "with respect to any one life" - EXCEPT where a health benefit plan is involved, in which case aggregate liability "shall not exceed Five Hundred Thousand Dollars ($500,000.00) with respect to any one individual." Two limbs, two numbers, and the exception is embedded mid-sentence
- Does the state follow the standard NAIC model limits? testedBroadly yes — Oklahoma follows the NAIC model ($300,000 death benefit, $100,000 cash value, tiered health, $300,000 aggregate), with the annuity limit set higher at $300,000 (the model is $250,000)
- Name of the P&C guaranty association testedThe Oklahoma Property and Casualty Insurance Guaranty Association (OPCIGA)
- Per-claim cap tested"an amount NOT EXCEEDING One Hundred Fifty Thousand Dollars ($150,000.00) per claimant for all other covered claims EXCEPT FOR CLAIMS RELATING TO A CYBERSECURITY INSURANCE POLICY" - half the $300,000 taught nationally. Workers' compensation claims are paid in FULL (the one uncapped category). Unearned premium is capped at $10,000 PER POLICY. There is NO $100 minimum-claim floor. Since 1 November 2025 (Laws 2025 c. 366 §4) cybersecurity claims carry their own cap: "in no event ... an amount in excess of Three Hundred Thousand Dollars ($300,000.00) for all first- and third-party claims ... arising out of or related to a single insured event" - an aggregate by EVENT, not a per-claimant twin. Three dollar figures, three units of measurement
- Is using the guaranty association as a sales inducement prohibited? testedYes - using the existence of the association to advertise, solicit or induce the purchase of insurance is prohibited. Note the scope: 36 O.S. §2043 sits in the Oklahoma LIFE AND HEALTH Insurance Guaranty Association Act and by its terms governs that association
- Where the high net worth exclusion lives testedNOT in §2007. §2004(7)(c)(4) excludes claims excluded "pursuant to Section 2020.2 of this title due to the high net worth of an insured," and §2020.2 sets the threshold where net worth "EXCEEDS Fifty Million Dollars ($50,000,000.00)" - so exactly $50m is not excluded - measured as the consolidated net worth of the insured and all subsidiaries and affiliates as of 31 December of the year prior to the insolvency. The Association may recover from a high net worth insured all amounts paid on its behalf
- Deadline to file a claim against the P&C association testedClaims filed "later than eighteen (18) months after the date of the order of liquidation" are excluded from the definition of a covered claim, EXCEPT workers' compensation claims, which the paragraph carves out. It is paragraph (10) of subparagraph (c)
- Cap per POLICY OWNER on multiple non-group life policies tested$5,000,000 with respect to "one owner of multiple non-group policies of life insurance, whether the policy or contract owner is an individual, firm, corporation or other person, and whether the persons insured are officers, managers, employees or other persons" - REGARDLESS of the number of policies held. This is the key-person and corporate-owned-life cap, measured PER OWNER, and it must never be taught as an aggregate-per-life figure
- Which section carries the L&H caps testedAll of them are in §2025, the coverage and liability section. §2023 creates the Association, its board and its three accounts - health, life insurance and annuity - and carries NO dollar figure at all. There is no §2025.1; the decimal-suffixed sibling pattern appears on the property/casualty side (§2020.2), not here
Workers Comp 9 facts
Who must carry workers' compensation and what it pays.
- Is workers' compensation mandatory for private employers? testedYes - 85A O.S. §35 ("Obligation to pay"): "Every employer shall secure compensation as provided under this act to its employees for compensable injuries without regard to fault." Mandatory for essentially all private employers with one or more employees, subject to limited statutory exemptions. Note that §36 is contractor/subcontractor liability and §37 is waiver of an exemption - neither imposes the duty
- Employee count at which coverage is required testedCoverage is required once an employer has one or more employees, with limited exemptions (e.g., certain sole proprietors, partners, some agricultural, domestic, and licensed real-estate workers)
- Agency administering workers' compensation testedThe Oklahoma Workers' Compensation Commission — an ADMINISTRATIVE agency (Oklahoma moved from a court-based system to the administrative system on February 1, 2014)
- Temporary total disability wage replacement rate tested70% of the employee's average weekly wage, capped at the state average weekly wage (after a 3-day waiting period)
- Maximum TTD duration testedTemporary total disability is capped at 156 weeks (with up to an additional 52 weeks for a consequential injury on clear and convincing evidence)
- Limitation period to file a workers' compensation claim testedOne year from the date of injury, or six months from the last authorised medical treatment or payment of compensation, whichever is later - 85A O.S. §69 sets the limitations scheme for claims under the Administrative Workers' Compensation Act
- Ways an employer may comply (insure / self-insure / group) testedBuy from a private carrier, buy from CompSource Mutual Insurance Company, or qualify as an approved self-insurer. CompSource is BOTH a private mutual AND the carrier of last resort, and neither label alone is right: 85 O.S. §375.3 says it "shall not be considered a state agency, public body, department, public trust" (it stopped being the state fund on 1 January 2015) and also that it "shall provide workers' compensation insurance to any employer in Oklahoma which seeks such insurance and meets other reasonable requirements"
- Is the employer opt-out available in Oklahoma? testedNO - the Oklahoma Employee Injury Benefit Act was held UNCONSTITUTIONAL in Vasquez v. Dillard's, Inc., 2016 OK 89, 381 P.3d 768, on the special-law prohibition (the Court expressly declined to reach the equal-protection, due-process and access-to-courts challenges as unnecessary). The implementing rules at OAC 365:25 Subchapter 25 are STILL PUBLISHED in the Administrative Code, which is why stale material keeps describing the option as live
- How workers' compensation claims are treated by the guaranty association testedUNCAPPED - the Association pays "the full amount of a covered claim for benefits under a workers' compensation insurance coverage," the one category with no dollar limit where every other covered claim is capped at $150,000 per claimant
Regulator 13 facts
Who regulates insurance here and what powers the office holds.
- Name of the state insurance regulator testedThe Oklahoma Insurance Department (OID)
- Title of the person who heads it testedInsurance Commissioner
- How the commissioner is chosen: elected / appointed by governor / appointed by other body testedELECTED by the people of Oklahoma to a 4-year term (with an 8-year lifetime cap) — a statewide constitutional office, not appointed
- Where the state's insurance law is codified testedTitle 36 of the Oklahoma Statutes (Insurance), with producer licensing in the Oklahoma Producer Licensing Act (36 O.S. §1435.1 et seq.); rules are in Title 365 of the Oklahoma Administrative Code
- Does the regulator sit somewhere unusual (e.g. inside a constitutional commission)? testedNo — the Insurance Department is a standalone department; what is unusual is that its Commissioner is a statewide ELECTED constitutional officer
- The claim-handling clocks under the Unfair Claims Settlement Practices Act tested30 days to acknowledge a claim (or pay within that period); 60 days after receipt of PROPERLY EXECUTED PROOFS OF LOSS to accept, deny or advise further investigation is needed; 60 days from NOTIFICATION OF PROOF OF LOSS to complete the investigation; and a hard outer limit of 120 days, fraud and arson excepted, with a 20-day extension in a Governor-declared disaster. All three are scoped by their own text to PROPERTY AND CASUALTY insurers. Note the two 60-day clocks run from different events and sit in different subsections
- How long a licensee has to answer an OID inquiry tested20 CALENDAR DAYS for "any person subject to the jurisdiction of the Commissioner" - which reaches producers, not just insurers - extendable by up to 7 additional calendar days for good cause, with both the inquiry and the response required to be "delivered electronically." Failure to respond is an independent licensing ground at §1435.13(A)(15)
- Does the claims chapter define "day"? testedNO. §1250.2 defines twelve terms and "day" is not among them, so the modifier-by-modifier reading is the only safe method: "calendar" is attached expressly only in §1250.4(B) and in the clean-claims statute §1219, while the consumer-facing clocks in §1250.4(C), §1250.6 and §1250.7 are unmodified. Answer unmodified Oklahoma claim clocks as calendar days, and treat §3639(C)'s "forty-five (45) business days" as the outlier
- Single act or general business practice? testedDISJUNCTIVE - frequency is not required. An act is an unfair claim settlement practice if "It is committed flagrantly and in conscious disregard" of the Act OR "has been committed with such frequency as to indicate a general business practice." Both limbs sit in the same subsection, as paragraphs 1 and 2
- Is Oklahoma's bad faith standard statutory? testedNO - it is JUDICIAL, from Christian v. American Home Assurance Co., 1977 OK 141, 577 P.2d 899: an insurer "has an implied duty to deal fairly and act in good faith with its insured," and violation "gives rise to an action in tort." The Unfair Claims Settlement Practices Act creates no private right of action, and that bar comes from CASE LAW rather than from any express statutory foreclosure - conduct violating the Act can still be evidence of bad faith in a Christian claim
- Civil penalty ceilings, and who each one binds testedThree different numbers for three different actors, routinely merged: a PRODUCER faces "not more than One Thousand Dollars ($1,000.00) for each occurrence" (§1435.13(D)); an INSURER under the UCSPA faces "not less than $100.00 nor more than Five Thousand Dollars ($5,000.00)" per occurrence (§1250.14); and a person barred under §402 faces "not more than Ten Thousand Dollars ($10,000.00) for each act of violation AND for each day of violation" - conjunctive, so it stacks two ways
- Controlled business limit tested25% of aggregate commissions in ANY twelve-month period, with the operator "has exceeded" - a rolling window at half the usual 50% national threshold. Controlled business reaches insurance on the interests of the licensee, relatives TO THE SECOND DEGREE, the licensee's employer, and entities in which the licensee or an immediate family member is an officer, director, substantial stockholder, partner, associate or employee. Title insurance producers and limited lines producers are exempt from the section
- Gift and inducement ceiling testedPrizes, goods, wares, merchandise or tangible property "of an aggregate value IN EXCESS OF One Hundred Dollars ($100.00)" are prohibited - four times the common $25 baseline. Read the operator: exactly $100.00 is permitted. OID Bulletin 2025-01 adds that ANY returned commission benefiting the insured is rebating under §1204(8)(a), whether the arrangement runs producer-to-insured or producer-to-insurer
Cancellation 10 facts
When and how policies can be canceled or nonrenewed — heavily tested.
- Initial window during which an insurer may cancel more freely tested45 days - a homeowners or other personal residential policy's first-claim protection attaches once it has been in force "more than forty-five (45) days," calendar. Contrast §3639(C)'s commercial seasoning window, which is 45 BUSINESS days
- Notice days to cancel a homeowners policy testedAT LEAST 60 DAYS as of 25 July 2026: "Insurers shall now give at least sixty (60) days' notice prior to the date of cancellation or non-renewal of a homeowners insurance policy or any other personal residential insurance coverage." This replaced a 10-day cancellation figure and doubled a 30-day nonrenewal figure. Justia, Cornell LII and OID's own hosted Chapter 15 PDF all still serve the pre-amendment 2013 text
- Notice days to cancel or nonrenew a personal auto policy tested10 days to cancel and 20 days to nonrenew - reached by the rule's RESIDUAL limb rather than by name: "Unless otherwise provided, insurers shall give at least ten (10) days notice prior to the date of cancellation and twenty (20) days notice prior to the date of non-renewal of the insurance policy." No Title 36 statute sets a NOTICE PERIOD for personal auto; the statutes that do reach it - 36 O.S. §§941-943 - restrict the GROUNDS instead
- Short-notice track for a listed cause, personal residential testedWhere the reason is one of the grounds listed in 36 O.S. §3639.1(A) - which includes nonpayment of premium - the notice drops to "at least ten (10) days' notice prior to the date of cancellation and thirty (30) days' notice prior to the date of non-renewal" of a homeowners or other personal residential policy
- Commercial cancellation and nonrenewal notice testedA DIFFERENT statute with different numbers, and it is commercial-only by its own subsection A (commercial marine, automobile, property, casualty and fire): cancellation 10 days; nonrenewal at least 45 days; premium increase or change in terms 45 days; and a new-business seasoning window of "more than forty-five (45) BUSINESS days" - business days in subsection C only, while D and E are plain calendar days
- Notice days required for nonrenewal testedHomeowners and other personal residential: AT LEAST 60 DAYS since 25 July 2026 - the same subsection covers cancellation and non-renewal in one breath. Personal auto and everything not otherwise provided for: 20 days, under the rule's residual limb
- Must the reason be stated proactively, on request, or not at all? testedOn request — Oklahoma enforces valid, non-prohibited reasons through its consumer-protection statutes; a policyholder may request the reason, and the insurer may not rely on prohibited bases (credit alone, a first claim, weather claims, not-at-fault accidents, or stale/dismissed traffic records)
- Restrictions on nonrenewing because of claims (e.g. weather claims excluded) testedAn insurer may not cancel, nonrenew OR increase the premium on a homeowners or other personal residential policy in force more than 45 days SOLELY because the insured filed a first claim, unless the action rests on one of seven grounds: nonpayment; fraud or material misrepresentation; wilful or reckless acts increasing the hazard; a change in risk substantially increasing the hazard; violation of fire, health, safety or building regulations; a Commissioner determination of law violation; or conviction of the named insured of a crime increasing the hazard. Renewal notice under this section is 30 days. Policies issued under the VOLUNTARY Market Assistance programme are expressly exempt
- When does the notice clock start? testedAT MAILING, not at receipt: "If notice is given by mail, said notice shall be deemed to have been given on the day said notice is mailed," and proof of mailing is sufficient proof of notice. Several states count from receipt or add days for transit; Oklahoma does neither
- Deadline to file a roof damage claim testedAn insurer commits an unfair claim settlement practice if it fails to allow the filing of a roof-damage claim "after the first anniversary but no later than twenty-four (24) months" after the loss - a hail-state provision with no national counterpart
Licensing 30 facts
How you get and keep the license — exams, fees, applications, background checks.
- Is there a standalone life license/exam? testedYes — a standalone Life exam and line of authority (Life includes annuities)
- Is there a standalone health license/exam? testedYes — a standalone Accident & Health or Sickness exam and line of authority
- Is there a combined life+health license/exam? testedYes — Oklahoma offers a combined Life, Accident & Health or Sickness exam and license, in addition to the individual Life and Accident & Health exams
- Is there a personal lines license/exam? testedYes — a Property & Casualty – Personal Lines Only license and exam, for property and casualty sold to individuals
- Is P&C one combined license, or split into Property and Casualty? testedBoth — Oklahoma offers a combined Property & Casualty license AND separate Property and Casualty licenses, plus a Property & Casualty – Personal Lines Only option
- Does the life license cover annuities? testedYes — annuities are sold under the Life line (no separate annuity license). Producers who sell annuities must complete Annuity Best Interest training. VARIABLE life and annuities require the Variable line plus FINRA registration.
- Does the P&C license already include personal lines authority? testedYes — the combined Property & Casualty license covers personal-lines risks; the Personal Lines Only license is a narrower, personal-only authority
- Full list of exam-based agent license types testedOklahoma producer lines include Life · Accident & Health or Sickness · combined Life, Accident & Health · Property & Casualty (combined or separate Property and Casualty) · Personal Lines Only — plus Title, Aircraft Title, Bail Bondsman, and Variable (with FINRA registration)
- Exam administrator (Prometric / PSI / Pearson VUE) testedPSI Services (PSI) administers Oklahoma producer exams under contract with the OID (PSI replaced Prometric on February 16, 2023)
- Exam fee tested$38 per producer exam (each line, including the combined Life/A&H and Property & Casualty papers). Adjuster exams are $20; Bail Bondsman is $100, the only Oklahoma exam at the statutory ceiling. 36 O.S. §1435.23 caps any examination fee at "not to exceed One Hundred Dollars ($100.00)"
- License application fee tested$60 for a resident producer license (biennial); a nonresident producer license is $100
- Fee per insurer appointment tested$30 per insurer appointment, per year
- Passing score tested70% CORRECT - a raw percentage, not a scaled score. The bulletin's words are "You must get 70% correct to pass"
- Minimum age to be licensed tested18
- Is pre-licensing education required? testedNO — Oklahoma does not require pre-licensing education for insurance producers; candidates may self-study and sit the exam directly (only Bail Bondsmen must complete 16 hours)
- Pre-licensing hours and any exceptions (e.g. Title, adjusters) testedNone — Oklahoma requires no pre-licensing course for producers; the statutory requirements are age 18, no disqualifying acts, fees paid, and passing the exam. (Bail Bondsmen must complete 16 hours.)
- Fingerprints, state police report, or none testedThe Uniform Application's background questions, answered under the applicant's own signature, with supporting documents uploaded through NIPR's Attachments Warehouse where any answer is "yes." Oklahoma does NOT fingerprint producer applicants and runs no state or federal criminal-history record check - 36 O.S. §1435.7(A) lists the complete set of findings with no screening step, and NIPR's Oklahoma resident checklist does not contain the word "fingerprint." The only background check in the programme is for bail bondsmen, run by OID itself. An applicant with a felony involving dishonesty or breach of trust needs the Commissioner's written consent under §402(B); OID processes that as a 1033 Waiver, and its sequence is waiver first, THEN exam, then application
- Deadline to apply after passing the exam testedExam first, application second - "Successful completion and passing the examination does not eliminate the requirement to APPLY for the license." Wait 3 business days after passing for the score to reach NIPR/SBS. A passing score is valid for TWO YEARS from the exam date, but that is a NIPR/OID business rule rather than law: 36 O.S. §1435.7 imposes no window and OAC 365:25-3 has no score-validity rule. Processing runs 5-7 business days, and no paper license is mailed
- Waiting period before retaking a failed exam testedNo waiting period and no attempt limit - "Oklahoma Insurance examinations are open eligibility. You may test unlimited until you pass." You cannot rebook on the day you tested; PSI's own example puts a Wednesday failure back in a chair on Friday, space permitting. Bail Bondsman is the one exception: a 31-day wait after a failed bail bond exam
- Notice required to reschedule/cancel without forfeiting the fee testedCancel or reschedule at least 2 days before the exam to avoid forfeiting the fee (voicemail and email are not accepted)
- Where you apply (Sircon / NIPR / state portal) testedNIPR (nipr.com) — Oklahoma uses NIPR for producer applications and renewals; paper applications are not accepted
- Are temporary licenses available? testedYes — but only in limited hardship situations (death or disability of a producer or a business entity's designated individual, or a producer entering active military service, or where the public interest is served); it terminates if the applicant fails the required exam
- Temporary license duration and training requirement testedUp to 180 days, renewable once for good cause, but capped: "No license issued pursuant to the provisions of subsection A of this section shall be effective for more than six (6) months." No examination; the fee is $20. There is NO provisional or trainee license - OAC 365:25-3-1.1, -3-1.2 (Provisional producer licensees) and -3-1.3 are all marked REVOKED in the current code, though the headings survive in the index
- Question counts and time limits by exam testedNOT printed in the candidate bulletin - a table headed "Effective 8/1/2026" near the end of the bulletin carries rows that link out to per-exam content outlines hosted on proctor2.psionline.com, and the numbers live only there. Single-line: Life 100 scored / 120 min; Accident & Health 100 / 120; Personal Lines Only 100 / 120; Property 75 / 120; Casualty 75 / 120. Combined: Life, Accident & Health or Sickness 150 / 150; Property & Casualty 150 / 150. The outlines say "plus 5 unscored" while the bulletin says "a small number (5 to 10) of experimental questions" - both are current PSI documents
- Which applicants are exempt from examination testedFive categories, and NO PROFESSIONAL DESIGNATION among them: limited lines producers; surplus lines brokers; an aircraft title producer applicant who held a title insurance producer license before 1 November 2006; a producer licensed in another state who moves here and applies within 90 days of establishing legal residence; and multi-peril crop adjusters certified by the Federal Risk Management Agency. Neither 36 O.S. §1435.10 nor the rule names CLU, CPCU, ChFC, CFP, CIC, ARM, AAI, FLMI, LUTCF, RHU, REBC, HIA or CEBS
- The 90-day relocation waiver tested"No examination or continuing education shall be required of that person to obtain resident licensing for any line of authority held by the licensee in the prior state on the date legal residency was established in this state." It waives BOTH exam and CE, the clock runs from establishing legal residence, and it covers only lines already held on that date
- Is remote proctoring available? testedYES for every Oklahoma producer exam - "Select your test format: (Test Center) or (Remote Proctored)" - with Bail Bondsman the only exclusion ("Bail bond candidate must test at a testing site. You cannot test remotely"). Remote sittings allow NO scratch paper and NO breaks, and the candidate may not change computer or space mid-exam
- Identification required at the exam testedONE form, "government issued, current and include your name, signature, and photograph." No temporary identification of any kind is accepted. The accepted list runs eight items and a government-issued driver's licence is the first: driver's licence; US Department of State driver's licence; US learner's permit (plastic card only, with photo and signature); national, state or country identification card; passport; passport card; military ID; alien registration card. Arrive 15 minutes early
- When must a producer be appointed? tested§1435.15(A): "An insurance producer shall not act as an agent of an insurer unless the insurance producer becomes an appointed agent of that insurer." §1435.15(B) puts the filing duty on the INSURER - "the appointing insurer, or an authorized representative of the insurer, shall file ... a notice of appointment within fifteen (15) days from the date the agent contract is executed, or the first insurance application is submitted" - two trigger events, with the clock running from the earlier-occurring one. The section's misdemeanor penalty (fine up to $500, or six to twelve months in county jail, or both) sits in subsection E, immediately after the prohibition on an insurer discriminating "among or between the insurance producers it has appointed." The appointment charge is $30 annually per appointed producer, payable by the INSURER
- Producer fiduciary and anti-commingling duty tested36 O.S. §1435.13a is captioned and scoped to PROPERTY AND CASUALTY producers, and carries FOUR clocks: remit collected premiums less commission by the contractual due date or, absent one, within 45 days of receipt; return unearned premiums within 30 days of receipt or credit; an insurer must report a producer whose accounting is delayed more than 90 days; and an insurer must remit unearned premiums within 45 days of cancellation. Commingling with personal funds is prohibited. The felony threshold is just $150 - a first offence involving $150 or less is a misdemeanour, and any amount exceeding $150, or any second offence, is a felony. No life/health analogue exists, and the section does not mandate a separately titled trust account