10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
The ORLH exam has 150 questions and runs 2 hours 40 minutes.
These 10 free ORLH questions are organized by exam domain, so you can see how each part of the Oregon Life & Health Insurance Producer Exam blueprint is tested. Reveal the answer and explanation under each question.
A producer recommends a new indexed universal life policy. The applicant plans to borrow most of the cash value from an existing whole life policy to pay the new policy's premiums, but does not intend to surrender the old contract. Under Oregon replacement rules, what should the producer do?
Correct answer: B - Treat it as a replacement and complete the required notices and comparison
An insurer offers life coverage at a higher premium class partly because of information in a consumer report. Which notice is required?
Correct answer: D - An adverse-action notice naming the reporting agency and explaining access and dispute rights
An insurer provides a producer with company signage, branded applications, and a public listing as its representative. Although the producer's private contract does not authorize accepting initial premiums, an applicant reasonably believes the producer can do so because of the insurer's outward conduct. Which type of authority is involved?
Correct answer: A - Apparent authority
A family's capital-needs analysis identifies $420,000 for survivor income, $180,000 to retire the mortgage, $60,000 for education, and $20,000 for final expenses. Available resources are $100,000 of existing individual life insurance, $50,000 of employer group life insurance, and $35,000 in liquid savings. How much additional life insurance is indicated?
Correct answer: C - $495,000
A 32-year-old parent wants $750,000 of death protection until the youngest child is financially independent in 20 years. The client has a tight premium budget and no cash-value objective. Which policy most directly matches the need?
Correct answer: C - Twenty-year level term
A client wants permanent life insurance with flexible premiums and the ability to allocate cash value among stock and bond subaccounts. The client accepts investment fluctuation and understands that poor performance or underfunding can cause lapse. Which product fits?
Correct answer: D - Variable universal life
At the insured's death from illness, a life policy has a $400,000 base death benefit, $25,000 of additional death benefit from paid-up additions, a $400,000 accidental-death rider, a $15,000 policy loan, $1,000 of accrued loan interest, and a $2,000 unpaid premium. What net amount is payable?
Correct answer: A - $407,000
A fixed indexed annuity segment has a 0% floor. The referenced index falls 12% during the segment, and the contract deducts 1.5% in rider and administrative charges. Which statement is correct?
Correct answer: C - The index-linked credit is 0%, but charges may still reduce the contract value
During an annuity review, a client with ample liquid reserves says lifetime income is now the primary objective. The existing fixed annuity has no lifetime-withdrawal rider and no surrender charge. A proposed annuity adds a suitable guaranteed lifetime withdrawal benefit but carries higher annual fees and a new seven-year surrender schedule. Which response best satisfies the producer's duty?
Correct answer: A - Compare alternatives and recommend replacement only if the documented net benefit justifies the higher fees and new surrender period
A health insurer must continue an individual policy as long as premiums are paid, but it may raise premiums for every insured in the same rating class. How is the policy classified?
Correct answer: B - Guaranteed renewable
The ORLH exam also covers these domains. Drill them in the full free practice test:
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