Free Oregon Life, Accident & Health Exam Practice Test
Series 12-03 — The Oregon Life, Accident & Health producer exam is given by PSI (exam 12-03) and covers general insurance concepts, life, accident & health policies, and Oregon insurance law and regulation.
150
Scored items (approx.)
160 min
Time limit
70%
Passing score
1000
Practice questions
Topics covered on the Life, Accident & Health exam
Insurance Regulation
164 practice questions · Regulatory structure, Commissioner selection, Penalties, Certificate of authority, …
General Insurance Concepts
60 practice questions · Morale hazard, Insurable risk, Conditional contract, Risk retention, …
Life Accident and Health Insurance Basics
130 practice questions · Irrevocable beneficiary, Insurable interest, Agent versus broker, Field underwriting, …
Types of Life Insurance Policies
65 practice questions · Credit life, Group life, Group life conversion, Term life, …
Life Policy Provisions Options and Riders
118 practice questions · Automatic premium loan, Collateral assignment, Interest-only option, Fixed-amount option, …
Annuities
73 practice questions · Annuity best interest, Immediate annuity, Deferred annuity, Flexible premium, …
Individual Accident and Health Provisions
89 practice questions · Notice of claim, Claim forms, Time of payment of claims, Payment of claims, …
Disability Income Insurance
35 practice questions · Guaranty association, Relation of earnings, Purpose, Elimination period, …
Medical Plans
51 practice questions · Point of service, Exclusive provider organization, Usual customary reasonable, Basic surgical expense, …
Group Health Insurance
44 practice questions · Small employer, State continuation, Spousal continuation, Characteristics, …
Dental Insurance
14 practice questions · Categories, Plan types, Comprehensive plan, Orthodontic coverage, …
Senior and Special Needs
113 practice questions · Medicare eligibility, Standardized Medigap, Medigap guaranteed issue, Skilled nursing, …
Federal Tax Considerations
44 practice questions · Life insurance, Annuities, Premium deductibility, Policy dividends, …
Practice Test: Life, Accident & Health
Answer choices are shuffled every time, and every question comes with an explanation.
Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.
