Pennsylvania Insurance License Exam The next step after completing all of your pre-license coursework is to take the insurance exam. You will take one exam for each line of insurance you wish to carry.
After completing your required prelicensing course, you must pass a state licensing exam. Kaplan’s prelicensing content is based directly on the Pennsylvania licensing exams, so you will be prepared to pass the first time. To receive a certificate of completion, candidates must pass a monitored final exam.
While in-person pre-licensing education has been temporarily suspended in Pennsylvania, web-based education is still available through Department approved providers.
How long does it take to get an insurance license in Pennsylvania? 2-8 weeks. The bulk of the time is spent studying for your Pennsylvania insurance exam. Some people study for as little as one week and feel comfortable taking the exam.
Whether or not your state requires pre-license education hours, it is always a good idea to properly study for your insurance license exam. A pre-license education course is the most comprehensive and straightforward way to prepare for the test.
While an application for licensure may be denied for several reasons (including an applicant's conviction of any felony, or a misdemeanor involving the misuse or theft of money or property of another), we often find that criminal histories do not always require the application be denied.
How to get your Pennsylvania Insurance LicenseComplete an approved pre-licensing course. ... Register for the official licensing exam through PSI. ... Take and pass the licensing exam through PSI. ... Fill out and submit the official licensure application to the PA Insurance Department and submit your fingerprints.More items...
The Pennsylvania Life, Accident, and Health test is one hundred fifty (150) questions long, and you have one hundred seventy (170) minutes to complete the exam.
The Property and Casualty insurance licensing exam is challenging. It requires hard work and effort to prepare, but by following these study tips, you should be well on your way to passing the exam on the first try.
There is no limit to the number of times you may take an examination if you fail. 1.
Nevertheless, the passing score for all 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. The average exam-taker should expect to spend about 35 to 40 hours studying to pass the life and health insurance exam.
You will need to pay the license application fee of $55 and a fingerprinting fee of $22.60 at this time. Completing the paper application found at https://www.insurance.pa.gov/Pages/default.aspx before you take your exam and bringing it with you to use as a reference can speed along this process.
Pollutant Standard Index (PSI) | Insurance Glossary Definition | IRMI.com.
Complete all Study by Topic reading chapters and Study by Topic quizzes. Study by Topic quizzes must be passed with a score of 70% or better. Complete and pass the simulated exam with a score of 70% or better.
How to become a licensed insurance agentDecide what kind of insurance agent you want to be. ... Decide which insurance products you will sell. ... Review your state's licensing requirements. ... Take an insurance license exam. ... Submit your licensing application and background check.More items...
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.
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I’ve seen motivated people complete pre-licensing requirements in less than a week. On average, most people study 2 to 3 weeks prior to completing...
Exam questions are based on the study material you completed.It’s very rare you’ll run across material not covered in the pre-licensing study mater...
Once you pass the insurance exam, you can apply for your insurance license. Expect the state to conduct a background check. This consists of a crim...
Once you pass the exam, you never need to test for the line of authority (life, health, property and casualty, etc) again.However, if you want to a...
Every 2 years, your state requires 24 hours worth of continuing education completed, prior to renewing your insurance license. Thankfully, all stat...
One to Two years. Learn more here: Pennsylvania Insurance License Renewal
2-8 weeks. The bulk of the time is spent studying for your Pennsylvania insurance exam. Some people study for as little as one week and feel comfor...
The total cost for your insurance course, application, and exam will be about $375. If you don’t pass the exam the first time, add $53 for each sub...
Follow the steps above. The licensing process is the same for all insurance agent and producer licenses.
Follow the steps above. The licensing process is the same for all insurance agent and producer licenses.
Step 1: Complete a Pre-License Education Course. Some states require that you complete a pre-license education course to be able to register for the insurance exam, while others only need your completion certificate on test day. Some states do not require a course at all.
A pre-license education course is the most comprehensive and straightforward way to prepare for the test. Most pre-license education courses range from 20 to 40 hours and will meet the requirements of your state. The material covered varies by state and type of insurance license that you plan to pursue.
FINRA Securities License Exams. Many insurance agents go on to get their securities license as well. These licenses allow insurance agents to market and sell securities or variable-contract life insurance policies and are administered by the Financial Industry Regulatory Authority (FINRA).
To sell insurance, you will need to take a state insurance licensing exam in the specific line of insurance you want to sell. For example, if you want to sell life insurance in Florida, you will need to take and pass Florida’s life insurance licensing exam.
The cost to become an insurance agent varies by state and is typically around $350. For example, if you are applying to become a life insurance agent in North Carolina, you will pay the following fees: 1 Pre-licensing education course: between $129 and $249, depending on the course 2 Licensing exam: $45 3 Registration fee: $50 4 Application processing fee: $44 5 Fingerprinting: $38
After you have submitted all of your required documents, taken your pre-license education course, passed your state insurance license exam, and your background check has been completed, your state’s insurance authority will review your application.
A pre-license education course is still the best way to study and master what you need to know to pass the state insurance exam. The specific information tested will vary by state and type of exam. It may include: Purpose of insurance for financial security and emergencies. Contract law as it applies to insurance.
On average, most people study 2 to 3 weeks prior to completing pre-licensing before scheduling the exam. After completing pre-licensing, you’re ready to take your state’s insurance license exam.
Most insurance exams consist of 50 to 100 questions with a multi-hour time limit. Most states want a score of 70 or better to get your insurance license.
Pennsylvania combines all of its pre-license education into one twenty-four (24) hour requirement. This means that you will take the same amount of coursework whether you’re getting just your Life Insurance License, or if you plan on getting Life, Accident, and Health and the Property and Casualty License.
Once you’ve passed your exams and completed the licensing application, you are now a licensed insurance agent in Pennsylvania. A common question we hear is, “I have my insurance license, now what?” Here are a few things you can do or need to know: 1 Get a job in the insurance field. Check out StateRequirement’s Insurance Jobs board. 2 If you’re going to sell advanced life insurance products, you’ll need to have the proper securities licenses. Series 6 , Series 7, and Series 63 are the most common among insurance agents, but you’ll need to begin with the SIE (Securities Industry Essentials) exam. Find out which licenses you need with our Securities Licensing Guide. 3 Every one to two years, you’ll need to renew your insurance license. Check out our guides on Pennsylvania Insurance License Renewal and Pennsylvania Insurance Continuing Education for more details.
The Pennsylvania Property and Casualty test is also one hundred fifty (150) questions long, and you have one hundred seventy (170) minutes to complete the exam. PSI Exams offers this Property and Casualty Exam Content Outline. The minimum score to pass these exams is 70%.
This means that if you pass your exam for one line, then apply for the license, it will be $55, but adding another line in the future will cost an extra $25. If you were to pass both exams prior to applying for the license, you would essentially save yourself the $25 amendment fee.
You will take one exam for each line of insurance you wish to carry. Life, Accident, and Health (LA&H) and Property and Casualty (P&C) are combined into two exams. This is a proctored test, which means that you will be in a controlled environment with a person watching you.
Insurance license tests are intentionally difficult, but not impossible by any means. You should study to the point of comfortability with the information before you attempt the test. Failing the exam isn’t the end of the world, but keep in mind that you will need to pay the fee each time you attempt the test.
Pennsylvania requires that all insurance license applicants provide fingerprints prior to licensing. Giving your fingerprints will initiate a background check. If you have any prior misdemeanors or felonies, this may affect the outcome of your licensing efforts.
Click on “look up education courses/credits,” select “approved courses inquiry,” choose Pennsylvania as your state, and click the “submit” button. Next, change the education type to “prelicensing education,” select your preferred instruction method or leave blank, and click the “submit” button. When you click the provider’s name, you will get ...
You’ll need to renew your license every two years, so be sure you keep up with the latest information at www.insurance.pa.gov .
The fees for the exam vary depending on the topic of the exam, but most are $43. In preparation for the exam, you should study and practice. The PSI Learning Academy has information and practice exams online.
You can’t take the exam without a reservation. PSI is the exam provider. After you have completed the prelicensing education requirements, register for the insurance examination for the type you have chosen at https://candidate.psiexams.com or by calling 800.733.9267.
The very first step in the licensing process is to complete 24 hours of pre-licensing education credits. As mentioned above, We are an approved insurance pre-licensing provider in Pennsylvania and you will receive a course completion certificate when your finish the online course.
To see if a new or renewal license has been approved and issued you can either: 1) Go to Sircon and click on "Check license application status" or "Check license renewal status"; or you can. 2) Use the department's website and click on the "Search for Company & Agent" link on the home page.
For any insurance producer that is in their initial or second biennial license cycle and was required to complete 48 hours, Act 147 reduces this requirement as of June 4, 2003 to a 24 hour requirement per biennial license cycle.
Register for the examination by contacting PSI Services LLC (PSI) at www.psiexams.com or 1-800-733-9267. Once your examination has been scheduled, you must bring a copy of your pre-licensing education certificate of completion and a valid form of identification with you to the testing center.
The Insurance Department has developed partnerships with professional firms to monitor and approve courses and instructors to maintain your education credit history. Act 147 of 2002, effective June 4, 2003, requires licensed Insurance Producers to complete continuing education credits to maintain their license.
Fingerprinting is required of all initial applicants for a resident producer license and must be done in any of the Pennsylvania PSI testing centers. You will be supplied with detailed fingerprinting instructions at the PSI testing center after passing your exam. Revised 07/2015.
If you would like a hard copy, you can print it yourself by going to Sircon, and clicking on the link entitled "Print Your License.". You can print your license as soon as it has been issued.
As an additional protection to Pennsylvania’s Insurance consumers, Continuing education (CE) is one tool the Department uses to ensure ongoing technical competency of its licensed insurance professionals. Act 147 of 2002 gives the Department limited authority to waive CE requirements on an individual basis.
Act 147 also provides for a maximum carry over of 24 continuing education hours to the next immediate license period. The Insurance Department has developed partnerships with professional firms to monitor and approve courses and instructors to maintain your education credit history.
For any insurance producer that is in their initial or second biennial license cycle and was required to complete 48 hours, Act 147 reduces this requirement as of June 4, 2003 to a 24 hour requirement per biennial license cycle.
The primary purpose of pre-examination education is to provide an overview of the insurance marketplace.
Some candidates may be exempt from the pre-examination education and examination requirement , depending on the type of professional designation held and/or the line of authority desired. The following classes of applicants are generally EXEMPT: A Business Entity; A candidate who possesses the Professional Designation CLU-Chartered Life Underwriter ...
If an individual is not able to find web-based, pre-licensing education through a Commonwealth provider, the Sponsoring Insurer must certify to the Department that the insurer has conducted twenty-four credit hours of its own prelicensing education for the individual applicant.
The temporary licensing of individual resident insurance producers will be subject to the following terms and mandates: An insurance company holding an active certificate of authority in Pennsylvania must sponsor (“Sponsoring Insurer”) the individual for temporary licensure.
Following are the individual examination content outlines indicating the examination time limit, minimum score required to pass, subject area and the number of items in each area. These outlines are the basis of the examination. Each examination will contain questions about the subjects in its outline.
The PA Department of Insurance requires a course reporting fee of $5.00 per course (online, self-study and classroom courses). This state reporting fee will be automatically charged to you (on the last credit card used in your account) each time you complete an online, self-study, or classroom course.
Temporary producers are not eligible for non-resident licenses in other states. The temporary license is valid for no more than 180 days from the date of issuance.
Pennsylvania requires those seeking an insurance license to complete prelicensing before taking the state licensing exam. Prelicensing courses with Kaplan give you the best chance to pass—our pass rates are among the highest in the industry.
Instead, virtual proctors will be permitted or if a virtual proctor is not feasible, the proctor requirement will be eliminated for all approved online courses. 1.
The first step in getting a Pennsylvania insurance license is taking pre-license education courses. These are state-required courses covering the subject matter - generally rules, definitions, and scenarios - that typically appears on the license exam.
The program is 100% online and can be done at your convenience. Course completion should take approximately 15 hours.
Be at least 18 years old. Complete an approved pre-licensing course. Bring your pre-licensing certificate to your state exam at PSI Exams. Life & Health Insurance Licensing. 24 hours of pre-licensing education is required. Candidates may complete pre-licensing via a classroom, online, or self-study course.
Adjuster Licensing. Pennsylvania does not license insurance adjusters. We recommend Pennsylvania residents wanting to become a licensed independent adjuster obtain a nonresident Designated Home State (DHS) License from either Florida or Texas. For more information on PA Adjuster Licensing, please go to ...
Best of all, all CPMI courses and materials are designed by Insurance Industry professionals and come with a money-back guarantee! All CPMI pre-licensing education courses are approved by the Pennsylvania Insurance Department and meet all pre-licensing education requirements for insurance producer pre-licensing.
Courses provide 24 hours of instruction per line of authority. You must pass your course completion examination with a 70% or better. Course completion exam must be proctored. Proctor cannot be a family member or business associate.