If an insurance binder is issued in Oklahoma for a 90-day period, what must occur to extend it beyond that period?

To extend an insurance binder beyond the initial 90-day period in Oklahoma, obtaining written permission from the Oklahoma commissioner is necessary. This requirement ensures that the extension of coverage is formally acknowledged and regulated, promoting accountability and compliance within the insurance sector.

The commissioner’s oversight is vital as it helps maintain an orderly market and protects consumers by ensuring that the terms of coverage are clearly defined and legally upheld. By requiring this permission, the regulatory framework aims to prevent any potential disputes regarding coverage that might arise from informal or undocumented extensions.

While other options might suggest alternatives, they do not fulfill the legal necessity for oversight and compliance within the state's insurance regulations. Thus, option D accurately represents the procedure mandated for extending an insurance binder beyond the designated timeframe.