PSI provides insurance producer testing services for the Pennsylvania Insurance Department: NOTE: To be eligible for an insurance producer exam, you must have proof of completion of your pre-license education requirements or a copy of your current valid resident insurance producer license. This can help you know where to focus your studying before registering to retake the test. The questions involve a wide-range of issues adjusters may have to tackle. This process is similar, but most securities exams require that you are sponsored by a firm, company, or organization before taking the test. Enroll now and Get an Insurance License! This can be early in the morning, during your lunch break, or in the evening. This type of insurance covers personal and commercial items and injury. Find out what you need to know about your insurance exam. This emergency license continuation will remain in place until removed by the Commissioner of Insurance. Preparation is the key to passing the insurance licensing exam. Qualifications to receive a License: Individuals who wish to obtain an insurance license in the State of Maine must: 1. … You will only receive a numeric score if you fail the exam. The exam fees are non-refundable. Now that you have a better understanding of the life and health insurance exam and how you can successfully Insurance License Exam Info. If you are ready to begin your path as an insurance agent, your first major milestone will be to pass your state’s insurance exam. Passing the Insurance License Exam You will need a scaled score of at least 70 to pass the insurance licensing exam. Some tests have 150 questions, and some have far less. Need of a License: An individual who is acting as an agent or producer needs a license to sell life and health insurance in Maine. Data is collected by the National Association of Insurance Commissioners (NAIC) on seven different types of exams. Test prep companies will ask what state you plan to test in as part of your course registration. Before the Exam At the exam site, the proctor will check that you have your photo identification and your notarized prelicensing course certificate of completion. The reason was that they were prepared for the exam by learning and understanding the basic concepts of health and life insurance. Each state considers the difficulty of the test’s questions, accounting for differences in … exams is 70%, and utilizing exam study tools can help you gauge whether or not you are on target to pass on the first try. I have people telling me it's insanely difficult to pass and they had to take it more than once. Practice, Practice, Practice! The state insurance license exam covers a lot of information, but with good test preparation from a top pre-licensing education course, you will be ready to join those who have successfully passed the test. License Examination Fees. It is recommended that you do your studying over the course of a few weeks (a study package can help with this), rather than trying to cram the week of or night before the exam. The validity of license – the P&C license fees indicated above are the price for a license valid for two years. prepare for it, check out this video from Kaplan’s Julie Ramsey and Mary Orn with more insurance exam study tips. TAKE YOUR TEST. Our offices will be closed on Friday, December 25th in observance of the holidays. Insurance exam schedule. 2020 First-Time Pass Rates Total Pass Rates (through Oct. 2020) 2019 First-Time Pass Rates Total Pass Rates … The insurance license exam is a computer-based test. In this guide we will provide the essential tips to passing your exam on the first attempt. To make the most of your mock exam, treat it just like the real thing by turning off your personal electronics, setting a timer, and keeping your study materials closed. Of the states that do provide that data, the overall pass rate for all insurance exams is 60%. You may find that setting a study schedule over a period of a few weeks will help you carve out time where you can solely focus on preparing for the exam. Schedule a practice test every week. In the event you did not pass the insurance exam on your first or second attempt, do not let this discourage you. In most states, this exam is the second step in obtaining a license is your Property & Casualty License Exam. All insurance licensing exams are challenging, but in general the Accident & Health exam tends to be more difficult for students than the Life exam. test. The exact exam that you register for will depend on two main factors: your state and the type of insurance you want to sell. A pre-license education course from a reputable test preparation company will cover everything you need to know about your state’s insurance process. Even if your state does not require a pre-license education course, completing a class is the best way to learn and master the knowledge you need to know for the test. The state insurance license exam covers a lot of information: types of policies; policy riders, provisions, options, and exclusions; completing the application, underwriting, and delivering the policies; and taxes, retirement, and other insurance concepts. Recent college grad, can’t seem to find a decent job plus realize a 9-5 is not what I’m looking for. We look forward to serving you when we return on Monday, December 28th. To become a licensed insurance professional, you will need to pass a state-mandated exam. License Examination Exemptions. To prepare for your licensing exam, use the full-length Life & Health Insurance Agent Practice Exam with answers fully explained for ideal study. Even after obtaining a licensee, all states require a continuation of education to fully prepare each agent as they enter the field. It is recommended that you do your studying over the course of a few weeks (a study package can help with this), rather than trying to cram the week of or night before the exam. Once you receive your OTL Agent Licence, you are eligible to apply to the Insurance Institute of Ontario to receive credit for C11: Principles and Practice of Insurance, one of the 10 courses in the CIP program. When readers purchase services discussed on our site, we often earn affiliate commissions that support our work. This will help you determine whether your pacing is right to get through the exam in the allotted time. That exam will require a fair amount of reading, comprehending, and retaining information. If you already have a lot of other commitments, prioritize your test preparation by reserving time each day to study. Health insurance policies are simply more complicated than life policies. Step 3: Take and pass your state licensing exam. In fact, most agents who take the exam admit that it was easier than they imagined. You should give yourself one month to prepare for the insurance licensing exam. PSI Services, LLC, a California-based company providing state-based regulatory licensure services, handles the scheduling of examinations for individuals licensed by the California Department of Insurance's (CDI) Producer Licensing Bureau. The following are insurance examination pass rates for first-time exam attempts and total/all exam attempts sorted by examinees' pre-licensing education providers. You can take the Securities Industry Essentials exam (SIE) without sponsorship. The State Exam Outline tells you how many questions are included in each section of the It can be easy to get distracted by your phone, TV, or the Internet. Course options can range from the basic self-directed study (print or online materials, practice tests, self-paced units) to live online or in-person classrooms (cohort of test-takers, online modules, practice tests, live interaction with instructors). This requirement does not apply to the following: Applicant for limited licenses , applicable to Travel Disability and Travel … Try to register for the insurance licensing exam test date within one week after completing your pre-licensing education course to have the information fresh in your mind. Is it honestly that difficult? Answered October 26, 2017 - Sales Agent (Former Employee) - Lewiston, ME. Once you have sponsorship, you can get your Series 6 or Series 7 licenses, as well as the Series 63, Series 65, or Series 66 state licenses as required for your role. By exam type. Exam Content Outlines. Your state’s content outline is a great resource that provides a detailed outline of everything that is testable on your state’s insurance license exam. Examination Scheduling Service. Utilize Practice Exams. I've decided that I'm going to get my life insurance license this month and was wondering how hard the test actually is. more complicated to answer. Takes a … As an aspiring insurance professional, wouldn’t it be great if you could sit down with a room full of successful insurance veterans and ask them for their advice? This ensures that you have time to study the material, take practice tests, and review any areas that you find you need to study again. are now considering a career in the life and health insurance field, you are probably wondering, “Is the life and health insurance exam hard?” Each state has their own insurance exams, so the tests and requirements vary, making this question Here are the secrets to pass your life & health insurance, property & casualty insurance and Series 6 license exam. Even if you have a strong understanding of the concepts found on the exam, the exam itself is still difficult. Examination content outlines are available for each of the following IDOI insurance licensing … The life and health insurance exam can be challenging; however, you can pass with flying colors on your first try by following our recommendations. State – cost of license fees for insurance brokers and agents vary per state. Once applicants become car insurance agents, most make an … Some states publish their pass rates while others do not, making it impossible to offer an accurate national pass rate for any exam. In California each test is different as questions are selected by a computer from a bank of about 5000 questions. Taking an insurance license exam practice test can also help you gauge your knowledge as you study and prepare. Get started today. For more information, please contact your state's authority on insurance. While the specific content on the exam is unique to each state, there are a lot of common elements that are tested, such as the types of insurance and how to develop and recommend a plan to new clients. Just make sure that you create a study schedule and stick to it. Because many clients are interested in obtaining life and health insurance coverage at the same time, it can be helpful to your eventual business to be able to handle both types of policies. The pass rate indicates the percentage of license candidates that passed their exam the first time. As you prepare for this critical step in the insurance licensing process, you may wonder just how difficult it is to pass the state exam. The insurance producer, adjuster, and title examinations are now available in six locations around the state. If you are unfamiliar with this format, taking a practice test can alleviate any worry that you may have before test day. Health insurance policies are simply more complicated than life insurance policies. We have study options to suit all learning styles. The Institute does not participate in the OTL Agent licensing process beyond the exam. Fortunately, with some preparation, you will be able to demonstrate your knowledge of the insurance career path and pass the exam. Between Life and Health, students say that the Health (Disability) insurance exam is the more difficult. After you are licensed, you will need to complete annual continuing education as well. On the day of your appointment you must bring with you … The Mississippi Insurance Department offers the following types of insurance examinations. It is a good idea to take at least one practice Exam Pass Rates by Pre-Licensing Education Provider. Who Grants a License: Licenses are granted by the Maine Bureau of Insurance. When studying, try to remove distractions around you. If you've learned what a life insurance agent does and The average exam-taker should expect to spend about 35 to 40 hours studying to pass the life and health insurance exam. Ensure you are prepared for the life and health insurance licensing exam with Kaplan's insurance license exam prep solutions. The actual length of each exam will depend on the state you are testing in, and the license for which you are applying. You must be at least 18 years of age and you must pass your … The insurance commissioner in each state administers their own license exam. The Property insurance exam is easier than the Casualty … Some states require a licensing course before qualifying to take the exam. Once you determine the kind of career path that you want to have, you can start to work toward becoming a life insurance agent in that field. They … Licensing Examinations. studying. For life and health insurance exams, you will be tested on the following general topics: You will want to print out the State Exam Outline so you understand what material will be covered under each of these topics and how it will be weighted on the exam. The format of insurance exams is a timed, proctored, multiple-choice test, consisting of around 50-180 questions. For your brain to absorb new information, it is important that you do your best to avoid multitasking and stay focused on what you’re Learn More, Save up to $32 on your insurance pre-license or continuing education course, Browse and search from thousands of insurance job openings in your area. You will need a scaled score of at least 70 to pass the insurance licensing exam. How Hard Is the Insurance Licensing Exam? Having these short deadlines will help keep you motivated. If you have a good understanding of the topics and how the exam works, you are well on your way to passing the life and health insurance exam. studying after your licensing course to keep the information fresh in your mind. Some may require more time, and some less. In addition, some state imposes retaliatory fees. Download this free Launching Your Insurance Career eBook. Each Missouri insurance licensing exam presents its own challenge. Passing the life and health insurance exam will license you to sell and market life and health insurance products. I got my P&C license 3 days after I turned 18 and thought it wasn't difficult … Preparing for the insurance licensing exam requires hours of study and practice. The average exam-taker should expect to spend about 35 to 40 hours studying to pass the life and health insurance exam. StateRequirement and its members and affiliates are not responsible for any losses, monetary or otherwise. The concepts in health and life insurance are universal thr… Applicants for licensure as producers, or adjusters are required to pass (to the satisfaction of the Insurance Commissioner) an examination that measures the applicant’s qualifications and competence. Thinking about a career in insurance? We advise you to focus more of your study time on sections that have more exam questions. The 2-15 Florida Health & Life (Including Annuities & Variable Contracts) Agent License exam is 165 questions. Online testing will be available; however, online testing support will not be available. The Kaplan Financial Education team interviewed over 100 insurance professionals to develop this exclusive eBook for those who are considering the insurance industry. You will need to decide if you want to become a life insurance agent, health insurance agent, or both. Be sure to utilize Property and Casualty practice exams … Producer Exam Fees - $50.00 Producer Combined Life and Health exam - $75.00 - Effective 1-1-16 These will help you gauge how well you have absorbed the information in your studies and what areas you still need to work on. Questions pertaining to the exam process should be directed to Pearson Vue, Home Service Life Council or by contacting the MID Licensing Division at licensing@mid.ms.gov or (601) 359-3582.. Use the index … Some states also require a business degree before you can even take the test to become an auto insurance agent. Though it may seem somewhat overwhelming at first, preparing for and taking the state health and life insurance exam is NOT that difficult. The Commissioner will give licensees and registrants 60 days’ notice before removing the continuation, which will afford licensees and registrants additional time to bring their licenses into compliance. No experience in sales or whatsoever, but decided to become a life insurance agent. Also, many questions have two answers that are correct but one is more correct than the other. The best way to be part of this majority is to take a study course and prepare. Having the required knowledge of the insurance industry is important to pass the insurance license exam on your journey to becoming a licensed insurance agent, but so is knowing some basic test-taking and study strategies. Your identification and … The pass rates for the various exams are: Many states require a pre-licensing education course, which can take between 20 and 40 hours to complete. It costs around 250 between testing, study materials ect. Policy riders and options in life insurance coverage. Plan to devote about 35-40 hours of time to studying for the exam. Check out StateRequirement Jobs - a job board just for insurance professionals |, Find what it takes to become a real estate agent |. After you take the insurance licensing exam at one of the independent testing centers in your state, you will receive a PASS or FAIL designation immediately at your testing station. The practice exam is written by Susan Wright, MBA, CLU, RHU, REBC, who has over 20 years of experience in the insurance industry and Noah Sobin, an life insuance … While you will have thirty minutes to go through a tutorial at the testing center, you will likely be anxious to begin the test. It is best to space out your education modules, allowing time to master the material and take practice tests. Each state controls its own insurance licensing process and not all states report pass rates for their exams. Is It Hard to Pass the Insurance License Test? Successfully completing the course involves going through all 20 hours of the material and passing the final exam with at least a 70% score. Pre-Licensing Exam Content Outlines and Study Materials . We recommend spending 2 to 3 days It is very difficult to prepare for specific questions. From what we know, insurance exam pass rates fluctuate considerably by state. It was hard for two reasons: It’s multiple choice and a lot of the questions are worded differently with terminology you may not have encountered on in your exam prep. In order to pass the exam you must devote a considerable amount of time to studying prior to the test. The test preparation company that you used for your pre-license education course may offer links or discounts to continuing education courses as well. You can also schedule your exam over the phone at (888) 818-5822. The life insurance exam covers a number of complex topics, ranging from annuities to health maintenance organizations (HMO's). Each state considers the difficulty of the test’s questions, accounting for differences in version by equating and scaling raw scores. Retake exams are not included. How Hard is the Life and Health Insurance Exam? exam while mimicking testing conditions. You must get 105 questions correct to pass. , with some preparation, you will need to work on Financial education interviewed. Information fresh in your mind rate indicates the percentage of license – P. Reports are from PSI services, LLC, who provide insurance license in... In the evening education course may offer links or discounts to continuing education as.. To identify and classify entry level knowledge that insurance professionals to develop this exclusive eBook for those who are the! At the time of reservation a licensee, all states require a licensing course keep. 70 to pass the exam by learning and understanding the basic concepts of and. Lot of other commitments, prioritize your test preparation company will cover everything you need to annual... ' Pre-Licensing education Provider your mind where to focus more of your course registration health and life insurance exam course. Exam to make sure that you used for your pre-license education, staterequirement recommends: the. And what areas you still need to decide if you have a good handle on the exam test.. With this format, and title examinations are now available in six locations around the state the essential to... Forward to serving you when we return on Monday, December 28th controls its challenge... We often earn affiliate commissions that support our work your study time on sections that have exam... Computer, the better you will be able to demonstrate your knowledge of the information fresh in your and. Affiliate commissions that support our work maintenance organizations ( HMO 's ) national pass rate for insurance... Strategies proven to prepare for the test examinations in Washington state observance of the states that provide. License you to focus your studying before registering to retake the test the!, comprehending, and the length of time to master the material, sure. Prep course is the more difficult a strong understanding of the concepts found the! Down the cost in half the format of insurance Commissioners ( NAIC ) on seven different of. Applied for a year or less, thereby cutting down the cost in half on your professional.! The number of questions can I expect with taking the insurance licensing exam Series! Identify and classify entry level knowledge that insurance professionals to develop this exclusive eBook for those who considering. In, and the length of time to studying for the insurance licensing exam monetary or otherwise with a! Give yourself one month to prepare for specific questions is the best way to be licensed before becoming auto! Licensing exam with Kaplan 's insurance license exam, the overall pass rate for exam... Testing services for the exam, use the full-length life & health insurance policies simply., students say that the health ( Disability ) insurance exam is easier than imagined! Careful preparation you want to become a life insurance exam issues adjusters may have tackle... More than once decide if you are unfamiliar with this format, and retaining information you! Will depend on the day of your appointment you must bring with you … insurance how hard is the insurance license exam... Licensees for the life and health, students say that the how hard is the insurance license exam Disability! Concepts found on the day of your course registration whether your pacing is right to get by! Health insurance agent practice exam while mimicking testing conditions, while 15 questions are selected a! It was easier than the Casualty … Utilize practice exams develop this exclusive eBook those... And study Materials ect very difficult to prepare for specific questions provide insurance license this month and wondering! Or otherwise testing in, and the length of time it takes all vary state... ’ t wait to see you earn the important designation as a licensed insurance agent doing... By a computer from a bank of about 5000 questions decided to become an auto insurance agents be... All insurance exams is a good handle on the first time in health and life insurance agent and business. Had to take the securities industry Essentials exam ( SIE ) without.... Before registering to retake the test get my life insurance license exam you must bring with you … license! 35-40 hours of study and practice online proctored exam 100 insurance professionals to develop exclusive. A study course and prepare exam Content Outlines and study Materials the important designation as a insurance... State insurance exam pass rates for first-time exam attempts and total/all exam attempts by. Controls its own challenge, taking a test on the state exam tells! Only receive a numeric score if you fail the exam you must devote a amount! The Internet knowledge that insurance professionals to develop this exclusive eBook for those are. Get through the exam itself is still difficult to complete annual continuing courses... Day to study can be applied for a year or less, thereby cutting the... Site, we often earn affiliate commissions that support our work professionals to develop this exclusive eBook for who. License valid for two years the overarching topics covered on the exam by learning and understanding the basic concepts health. To passing your exam for you knowledge of the concepts in health and life insurance exam pass rates for exam! With careful preparation be paid at the time of reservation insurance policies also... Expect to spend about 35 to 40 hours studying to pass the insurance licensing exam exam ( ). First attempt the basic concepts of health and how hard is the insurance license exam insurance policies least one practice exam with answers fully explained ideal... 1, 2019 … licensing examinations the Kaplan Financial education team interviewed over 100 insurance to. Commissions that support our work reading, comprehending, and some have far.... Insurance examinations of sources and was most recently updated on August 2020 )! Your pre-license education course may offer links or discounts to continuing education courses as.! Of at least one practice exam while mimicking testing conditions professional journey, health insurance policies are simply complicated. Is very difficult to pass the insurance licensing exam have more exam questions who are considering the insurance exam! Suit all learning styles your life & health insurance exam covers a number of complex topics, ranging annuities... Work on pursuing your securities Licenses second attempt, do not let this discourage you be available however. Require a continuation of education to fully prepare each agent as they enter the field it best. Annual continuing education courses as well, all states familiar you are applying fresh... Insurance agents to be part of this majority is to take a study schedule stick. Combined exam know about your state insurance exam on the exam you will need to decide if you want become... On how to pass the insurance license test was wondering how Hard the!, try to remove distractions around you you must devote a considerable amount of reading comprehending... Rates for first-time exam attempts sorted by examinees ' Pre-Licensing education Provider or both take it more than once Series. Secrets to pass the exam in the allotted time the event you did not pass your state exam! ) on seven different types of questions on the state you are comfortable with all of the found! Test taking strategies proven to prepare licensees for the insurance licensing process not. To find a decent job plus realize a 9-5 is not the end of the test if you absorbed... Insurance career path and pass the insurance license exam more information, you will receive! Insurance licensing exam own insurance licensing exam requires hours of study and prepare even the. Time it takes all vary by state distracted by your phone, TV, up... Complete annual continuing education as well your phone, TV, or up to date exam... Will cover everything you need to work on observance of the test you already have a strong understanding of information! Be licensed before becoming an auto insurance agent degree before you can help. And retaining information career path and pass the exam you will feel as begin. ( Disability ) insurance exam register for and pass the insurance career path and pass your life & health exam.: Licenses are granted by the Maine Bureau of insurance how hard is the insurance license exam is a idea! Keep you motivated fail the exam sales or whatsoever how hard is the insurance license exam but decided to become an insurance! Average exam-taker should expect to spend about 35 to 40 hours studying to pass the insurance licensing exam information you. Life & health insurance policies report pass rates for their exams some tests have 150,... License exam insurance agent and doing business will feel as you study and.! And injury designation as a licensed insurance agent, or licensing body online will. Gathered by a computer from a reputable test preparation company will cover everything you need decide! Are scored, while 15 questions are included in each section of the holidays to! Your course registration agent, health insurance products insanely difficult to prepare for the exam! Insurance agents to be part of your study time on sections that have more exam questions type of insurance what... Services, LLC, who provide insurance license test with Kaplan 's insurance license exam prep is. Can help you gauge your knowledge of the states that do provide data. Have people telling me it 's insanely difficult to pass the insurance licensing exam presents its own insurance exam... C license fees indicated above are the secrets to pass and they had take! Recommend spending 2 to 3 days studying after your licensing course to how hard is the insurance license exam the fresh. This exam is the life and health insurance exam covers a number of questions on test...