In Oklahoma, aninsurance produceris the term defined by law for an individual or entity licensed to sell, solicit, or negotiate insurance contracts. This is outlined in the Oklahoma Insurance Code, which requires producers to obtain a license to engage in these activities for life, accident, and health or sickness insurance.
Option A: Incorrect. An insurance adjuster investigates and settles claims, not negotiates the sale of insurance.
Option B: Correct. An insurance producer is the licensed individual who negotiates the sale of insurance, as defined by Oklahoma law.
Option C: Incorrect. An insurance appraiser evaluates property damage for claims, not related to selling insurance.
Option D: Incorrect. An insurance underwriter assesses risk and determines policy issuance, not sells insurance.
This question falls under the Prometric content outline section on “Licensing,” which includes knowledge of licensing requirements and definitions.
[:, Prometric Oklahoma Life, Accident, and Health or Sickness Producer Exam Content Outline (Section: State-Specific Knowledge – Licensing Requirements)., Oklahoma Insurance Department, Title 36 O.S. § 1435.2 (definition of insurance producer)., Standard insurance study guides (e.g., Kaplan, ExamFX) for Oklahoma producer licensing., ]
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