Okla. Stat. tit. 36, § 36-702: "Life insurance" defined

"Life insurance" is insurance on human lives and insurance

appertaining thereto or connected therewith. The transacting of

life insurance includes the granting of endowment benefits,

additional benefits in the event of death or dismemberment by

accident or accidental means, additional benefits in the event of

the disability of the insured, optional modes of settlement of

proceeds of life insurance, and additional benefits providing

acceleration of life or endowment or annuity benefits in advance of

the time they would otherwise be payable, as an indemnity for long-

term care which is certified or ordered by a physician, including

but not limited to, professional nursing care, medical care

expenses, custodial nursing care, nonnursing custodial care provided

in a nursing home or at a residence of the insured or providing such

acceleration upon the occurrence of a castastrophic disease or

diseases as designated and defined by the policy. An insurer

authorized to transact life insurance may also grant annuities.