Quick Answer: How Many Questions Are On The Life Insurance Exam?

Examinations: Time Limit and Number of Questions

Examination Type Time Allowed Number of Questions
Life, Accident and Health Agent 3 hours 150
Life-Only Agent 1.5 hours 75
Accident and Health Agent 1.5 hours 75
Life & Disability Analyst 3.5 hours 125

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Is the life insurance license test hard?

The Life and Health exam can be challenging. The level of difficulty of the exam will depend on your current knowledge, previous work experience, and how well you prepare. It is important that you create a good study plan and prepare with an online training provider.

How hard is it to pass the insurance exam?

Each state controls its own insurance licensing process and not all states report pass rates for their exams. Of the states that do provide that data, the overall pass rate for all insurance exams is 60%. The best way to be part of this majority is to take a study course and prepare. Health Insurance: 60.4%

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What kind of questions are on the life insurance exam?

The questions on the Life and Health Insurance exam will be in three different multiple-choice formats: direct question, incomplete sentence, and “all of the following except.” Each question will have four possible answers from which the candidate must choose.

Which insurance exam is the easiest?

The Property insurance exam is easier than the Casualty insurance exam. Property insurance deals with easy to understand issues – fire, flooding, earthquake, etc. On the other hand, Casualty insurance deals primarily with Liability insurance – protection against lawsuits.

What happens if you fail life insurance exam?

You will find out if you passed or failed the exam at the testing center. However, you cannot register to take it again at that time. Instead, you must wait 24 hours before you can register again. You can take the exam three times in one year.

Is the Series 7 Hard?

Is the Series 7 Exam Difficult? Clocking in at 125 questions to be answered in three hours and 45 minutes, the Series 7 exam is considered the most difficult of all the securities licensing exams. The minimum passing score is 72, which may not seem that difficult.

How do you pass a life insurance test?

How to prepare for a life insurance medical exam

  1. Eat healthy. During the life insurance physical, the examiner will take a blood sample for testing and he or she will check your blood pressure and pulse.
  2. Drink water.
  3. Consider fasting.
  4. Skip the gym.
  5. Get a good night’s sleep.
  6. Wear lightweight clothing.
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Is life insurance hard to get?

Compared to most finance careers, becoming a life insurance agent is easy. No educational requirements exist beyond a high school diploma at most. Some states require you to take a licensing course and pass an exam, but truthfully, these are as easy as a fifth-grade spelling test.

How do I study for an insurance exam?

10 Tips to Help you Study for Your Insurance Exams

  1. Relax – It’s a big deal, I know.
  2. Figure out how you study best.
  3. Create a plan for exam prep at least a month before.
  4. Complete all your test prep materials.
  5. Apply the 50-10 rule when studying.
  6. Take your time.
  7. Know when to stop.
  8. Get a good night’s rest.

How much do insurance agents make?

According to the U.S. Bureau of Labor Statistics, an insurance agent makes an average of $50,600 per year as of 2018. The position’s pay can vary drastically, with the lowest 10% earning less than $27,500, and the highest 10% earning more than $125,610.

Can I take life insurance exam online?

Individuals may schedule their examinations with PSI either online or by telephone.

Can I take life insurance test online?

The fastest way to schedule your exam is to do so online at www.psiexams.com. You can also schedule your exam over the phone at (833) 518-7456. Your exam may be taken at a physical PSI examination center or via a remote online proctored exam.

What is the best insurance license to get?

A property and casualty insurance license provides one of the best opportunities for maximizing “at bats.” Most people need to carry some type of property and casualty insurance, whether for their homes or vehicles. A property and casualty license qualifies agents to sell a diverse set of policy types: Auto insurance.

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