A person takes an application for insurance as an agent of an Oregon insurer. In matters about the application and the policy, whose agent is that person?ORS 744.078(4)
A person was licensed when a policy was sold in Oregon but is no longer licensed. May renewal commissions on that sale still be paid?ORS 744.076(3)
A producer licensed in another state moves to Oregon. To skip prelicensing education and the examination, by when must the producer apply for a resident license?ORS 744.067(2)
An administrative action is taken against an Oregon producer in another state. By when must the producer report it to the director?ORS 744.089(1)
An individual producer starts acting for an Oregon producer that is a business entity. By when must the business entity tell the director?ORS 744.068(5)
An Oregon insurer ends an agency appointment and none of the listed grounds for immediate termination applies. How much written notice must the producer receive?ORS 744.081(1)
An Oregon producer changes the address of the principal place of business. By when must the director be notified?ORS 744.068(4)
Show all 89 questions (82 more)
Producer licensing and continuing education, continued
An Oregon producer has a criminal record. Which kind of conviction does ORS 744.074 name as a ground for license action?ORS 744.074(1)(f)
An Oregon producer plans to add an assumed business name. What does ORS 744.068 require first?ORS 744.068(1)
An Oregon resident producer may keep a certificate of deposit in place of a premium trust account if the average monthly balance of premium funds held for the last 12 months is at least what amount?ORS 744.084(1)
For how long must an Oregon resident producer keep records of insurance transacted, unless the director sets another period?ORS 744.068(2)
How must an Oregon resident producer hold premium funds received from clients?ORS 744.083(1)
ORS 744.072 caps the continuing education the director may require. What is the cap during the first five years an individual is licensed in Oregon?ORS 744.072(4)
ORS 744.072 gives a lapsed Oregon license a reinstatement window with no new examination. How long is the window?ORS 744.072(6)
ORS 744.088 sets a one-time course for producers who will sell long term care insurance. What is its minimum length?ORS 744.088(1)(a)
What continuing long term care training does ORS 744.088 require after the first course?ORS 744.088(1)(b)
What is the longest period for which the Oregon director may issue a temporary insurance producer license?ORS 744.073(1)
What is the statutory cap on required continuing education for an Oregon producer who has been licensed for more than 10 years?ORS 744.072(4)
What must an Oregon insurer's written notice ending an agency appointment state?ORS 744.081(1)
What must an Oregon producer pay to reinstate a lapsed license when the renewal fee is paid after the due date?ORS 744.072(6)
What must each Oregon insurer keep and give the director on request under ORS 744.078?ORS 744.078(2)
When is the renewal fee for an Oregon insurance producer license first due?ORS 744.072(1)
Which class of insurance may be licensed in Oregon only to a resident insurance producer?ORS 744.062(1)(i)
Which extra funds may an Oregon resident producer mix into the premium trust account?ORS 744.083(3)
Life policy provisions 17
A person with no insurable interest pays for an Oregon life policy on another's life. When is the policy still allowed under ORS 743.044?ORS 743.044(1)
After how long without payment following due proof of death must an Oregon life insurer pay interest on a lump sum settlement?ORS 743.192(2)
An ordinary Oregon life policy is running on a paid-up nonforfeiture benefit after a default. Within what time since the default may it be reinstated?ORS 743.189
An Oregon group life policy terminates. How long must a person have been insured under it to have a right to an individual policy?ORS 743.336
An Oregon life insurer has not paid the proceeds 30 days after due proof of death, and the beneficiary chose a lump sum. From what date is interest computed?ORS 743.192(2)
An Oregon life policy may not shorten the time to bring a lawsuit on the policy to less than how long after the cause of action accrues?ORS 743.225(1)
An Oregon policy on another's life was made in violation of the insurable interest law and the payee collected the death benefit. What may the insured's executor do?ORS 743.040(2)
How far before the original application may an Oregon life insurance policy purport to be issued or take effect?ORS 743.225(2)
In Oregon, a person may not procure a policy on another's life unless the benefits go to the insured, the insured's personal representatives, or whom?ORS 743.040(1)
ORS 743.165 sets the grace period for ordinary life insurance. How long is it?ORS 743.165
ORS 743.186 lets the insurer reserve a right to delay a cash loan on a life policy. For how long?ORS 743.186(2)
Under ORS 743.186, interest on an Oregon policy loan that is how far past due is added to the existing indebtedness?ORS 743.186(1)(a)
Under ORS 743.312, how long may a group life policyholder take to pay a premium after its due date while the death benefit stays in force?ORS 743.312
What does ORS 743.348 forbid a person who sells group life insurance in Oregon to do?ORS 743.348(1)
What is the highest interest an Oregon life insurer may charge for the days of grace that pass before a premium is paid?ORS 743.165
Which exclusion is an Oregon life insurance policy forbidden to contain under ORS 743.225?ORS 743.225(4)
Who must sign the application for an Oregon life policy bought for the benefit of a charity by a person with no insurable interest?ORS 743.044(2)
Annuities and replacement 7
An Oregon annuity policy provides no cash surrender benefit before annuity payments start. What must the policy contain?ORS 743.290
An Oregon annuity policy required statements beyond age, sex and identity. After how long in force is it incontestable?ORS 743.258
ORS 743.255 gives the holder of an annuity policy time to make a late stipulated payment. How much time?ORS 743.255
ORS 746.075 bars misrepresentation in connection with inducing the owner of an Oregon life policy to do which of these?ORS 746.075(1)(b)
Under ORS 746.085, to what may Oregon rules limit a producer's commission on a cash value life policy sold to replace another?ORS 746.085(2)
Under ORS 746.085, what may the Oregon director require of a person who proposes to replace existing life insurance?ORS 746.085(1)
Within what time after a default in stipulated payments may an Oregon annuity policy be reinstated, if its cash surrender value has not been paid?ORS 743.270
Health insurance provisions 21
After an Oregon long term care policy has been in force for two years, on what showing alone may it still be contested?ORS 743.662(3)
An Oregon health insurer that reserves the right to refuse renewal sends a notice of its intention not to renew. What must the notice state?ORS 743.417(3)
An Oregon individual health policy has a cancellation provision. Apart from nonpayment of premium, how soon after the notice may cancellation take effect?ORS 743.471
An Oregon long term care application is approved. How soon must the insurer deliver the policy to the applicant?ORS 743.655(9)
An Oregon long term care policy has been in force for less than six months. What must the insurer show to rescind it?ORS 743.662(1)
An Oregon purchaser returns a health insurance policy under the notice on its face. What is the policy's status?ORS 743.492
For an individual Oregon health insurance policy that is not a health benefit plan, what is the minimum grace period?ORS 743.417(1)(a)
From what moment must an Oregon health benefit plan with family coverage pay benefits for a child of the insured?ORS 743A.090(1)(a)
How often must an Oregon long term care insurer remind the policy owner of the right to change the person designated to receive lapse notices?ORS 743.658(1)(b)
In ORS 743.655, the widest allowed definition of "preexisting condition" for long term care looks at advice or treatment in what window?ORS 743.655(3)(a)
ORS 743.492 requires a notice on the face of health insurance policies. What return period does the notice give the purchaser?ORS 743.492
ORS 743.655 gives individual long term care applicants a return right. How long does it last?ORS 743.655(6)
ORS 743.658 deals with missed premiums on long term care policies. What must the insurer have in hand before it issues an individual policy?ORS 743.658(1)(a)
ORS 743.683 stops preexisting condition denials under Medicare supplement policies for losses incurred after what point?ORS 743.683(5)
ORS 743.686 requires a first page notice on Medicare supplement policies. What return period must the notice state?ORS 743.686
To whom must the refund for a returned Oregon Medicare supplement policy be paid?ORS 743.686
What is the minimum grace period for an individual health benefit plan issued to an Oregon resident, unless federal law gives longer?ORS 743.417(1)
What is the shortest coverage period for which a long term care insurance policy may be sold in Oregon?ORS 743.655
When does coverage for an adopted child begin under an Oregon health benefit plan with family coverage?ORS 743A.090(1)(a)(B)
Which of these is a permissible reason, if stated in the policy, for an Oregon insurer to cancel an individual health insurance policy?ORS 743.472
Which Oregon health insurance policies are exempt from the policy return notice of ORS 743.492?ORS 743.492
Trade practices and penalties 9
An Oregon producer's life and health premiums on personal or controlled insurance in a calendar year exceed twice the premiums on other insurance. What is the commission on the excess?ORS 746.065(2)
Besides the fixed penalty, what further civil penalty may an Oregon violator be made to pay under ORS 731.988(2)?ORS 731.988(2)
For a person that is not an individual producer, adjuster or consultant, what is the highest civil penalty for each violation of the Oregon Insurance Code under ORS 731.988(1)?ORS 731.988(1)
ORS 746.015 prohibits Oregon insurers from discriminating in underwriting or rates solely because an applicant has reached what age, unless based on sound actuarial principles?ORS 746.015(3)
Under Oregon's rebate law, an insurer may give promotional merchandise worth up to what total in a calendar year to a person who is not its health insurance policyholder?ORS 746.045(3)
Under ORS 746.035, where must every agreement made as an inducement to an Oregon insurance contract appear?ORS 746.035
What is the highest civil penalty for each offense that an individual Oregon insurance producer may be made to pay under ORS 731.988(1)?ORS 731.988(1)
Which of these is an unfair claim settlement practice under ORS 746.230?ORS 746.230(1)(d)
Which premium discount is NOT a prohibited rebate under ORS 746.045?ORS 746.045(2)
Guaranty association 11
A failed Oregon insurer owes major medical claims on one life. What ceiling does ORS 734.810(11) set?ORS 734.810(11)(b)(E)
An Oregon annuity owner's insurer is liquidated. Up to what present value does ORS 734.810(11) protect the annuity?ORS 734.810(11)(b)(F)
An Oregon business owns nongroup life policies on forty employees, all with one failed insurer. What ceiling does ORS 734.810(12) set for that policyholder?ORS 734.810(12)(b)
An Oregon producer's flyer tells prospects their annuity is safe because of the guaranty association. Is that allowed?ORS 734.890
ORS 734.800 names the official who directly supervises the guaranty association. Who is it?ORS 734.800(2)
ORS 734.800 splits the guaranty association's assessments among accounts. How many, and which?ORS 734.800(1)
ORS 734.810(11) lists the guaranty association's ceilings for any one life. Which ceiling applies to a life insurance death benefit?ORS 734.810(11)(b)(A)
ORS 734.810(11) sets its lowest ceiling for health coverage that is not hospital, major medical, disability or long term care insurance. What is that ceiling?ORS 734.810(11)(b)(B)
Under ORS 734.810(11), how much of the cash surrender value of a failed insurer's life policy is protected on one life?ORS 734.810(11)(b)(A)
What must an insurer do to keep its authority to transact covered insurance in Oregon, as far as the guaranty association is concerned?ORS 734.800(1)
Which ceiling does ORS 734.810(11) set for long term care insurance benefits?ORS 734.810(11)(b)(D)
How this list was compiled: Own questions, written from the Oregon Revised Statutes, 2025 Edition, as published by the Oregon Legislative Assembly at https://www.oregonlegislature.gov/bills_laws/Pages/ORS.aspx, downloaded and read on 2026-10-09: chapter 731 (section 731.988, civil penalties), chapter 734 (sections 734.750 to 734.890, the Oregon Life and Health Insurance Guaranty Association), chapter 743 (life insurance, annuities, group life insurance, individual health insurance, long term care insurance and Medicare supplement policies), chapter 743A (section 743A.090), chapter 744 (sections 744.052 to 744.093, insurance producers) and chapter 746 (trade practices). The Legislative Assembly's table of sections amended or repealed in the 2026 regular session (https://www.oregonlegislature.gov/bills_laws/lawsstatutes/2026OrLawAR.pdf) was read the same day: it lists no section cited here. Statutes only: no Oregon Administrative Rule was read. No question here was taken from a prelicensing course, a testing vendor's handbook or a question pool, so this bank does not cover the product knowledge the state exam also asks. The topics were compared on October 9, 2026 with the content outlines of the Oregon Producer's Examinations for Life Insurance (series 12-01), Health Insurance (12-02) and Life and Health Insurance (12-03), which print ORS references beside each topic; they are linked from the Candidate Information Bulletin that the Oregon Division of Financial Regulation posts at https://dfr.oregon.gov/business/licensing/training-ce/Documents/candidate-bulletin.pdf (the combined outline: https://proctor2.psionline.com/media/programs/or%20ins/12-03.pdf). Licence: Own work. Every question, wrong choice and explanation was written for this site from the text of the law. Nothing comes from a testing vendor, a prep course or an exam question pool.
How it works
An unofficial Oregon life and health insurance practice test on the law alone: 89 free questions written from the Oregon Revised Statutes, 2025 Edition. Policy types, underwriting and textbook theory are left out.
Read the full guide
Oregon life insurance practice test, or health only
The candidate bulletin on the Division of Financial Regulation's site lists Life, Health, and Life and Health exams, each including law. For life, set the topic filter to Life policy provisions, then Annuities and replacement. For health only, use Health insurance provisions. Licensing, trade practices and the guaranty association belong to both.
A free study guide for the insurance license test in Oregon
On the law, that is. Every answer names its ORS section and opens the chapter on the Legislative Assembly's site. Oregon's own points: a premium trust account, 90 days' notice to end an appointment, and a $1,000 penalty ceiling for an individual producer.
Return rights: 10 days for a health policy (ORS 743.492), 30 days for long term care (743.655) and Medicare supplement (743.686).
Life grace period: 30 days, with interest of no more than six percent a year (ORS 743.165).
Report a change of business address to the director by the 30th day after the change (ORS 744.068).
Questions and answers
Are these Oregon insurance practice tests free?
Yes. All 89 questions are free and unofficial. Each was written from the Oregon Revised Statutes, and every answer names the ORS section behind it.
What score passes the Oregon life and health insurance exam?
The candidate bulletin on the Division of Financial Regulation's website says 70 percent correct. The outlines it links give the combined exam 150 questions in 2 hours 40 minutes, and Life or Health alone 100 in two hours. Exam mode's 25 is a set size.
How many hours of prelicensing does Oregon require?
Twenty hours of prelicense training for each line of authority, by the Division of Financial Regulation's producer licensing page, read October 9, 2026. ORS 744.058 then requires a written examination on the class of insurance and on Oregon's insurance statutes and rules.
Are these the real Oregon insurance exam questions?
No. Every question was written for this site from the statutes. The Division of Financial Regulation did not write or review them, and none comes from the state examination.