
To become a licensed insurance broker, you'll need to pass the insurance broker exam. This exam is typically administered by the state you wish to practice in, and the requirements can vary.
To start studying, you'll need to know the exam format. The exam is usually multiple-choice and can last anywhere from 2 to 5 hours, depending on the state.
You'll also need to familiarize yourself with the exam content. This typically includes insurance laws, regulations, and ethics, as well as property and casualty insurance, life insurance, and health insurance.
Studying for the exam can be a daunting task, but breaking it down into manageable chunks can make it more manageable.
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Exam Preparation
To prepare for the Life/Accident & Health Agent insurance license exam, you need to pass a test to sell insurance in California or Nevada. This license allows you to sell life, health, and related products.
You'll want to study the material thoroughly to ensure you're well-prepared for the exam. To sell insurance in California or Nevada, you'll need to pass a test.
Make sure to review the exam format and content, which will give you an idea of what to expect on the day of the exam.
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Complete Prelicensing Course

To complete your prelicensing course, you must finish an approved line of education. New York requires all prelicensing students to pass a Certification Exam in order to receive a Certificate of Completion for their education.
You'll receive a Certificate of Completion after satisfying the requirements for your course. This certificate will be reported directly to the state by A.D Banker.
Prelicensing education does not expire in the state of New York. You'll be able to take the Certification Exam at the end of your class if you take an in-classroom course.
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Pass a Licensing Exam
Passing a licensing exam is a crucial step in becoming a licensed insurance agent. You must score 70% or higher to pass your state licensing exam.
If you don't pass on the first try, be aware that there is an additional fee to retake the exam. This is a strong incentive to study hard and pass the test the first time around.
To become a licensed health insurance broker in California or Nevada, you'll need to pass a test for your Life/Accident & Health Agent insurance license. This license allows you to sell life, health, and related products.
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Remember True/False Technique

Using the True/False Technique can be a game-changer for tackling multiple-choice insurance exam questions. This technique involves treating each question as if it were four separate true/false questions.
To apply this technique, take each question in turn and ask yourself, "Is this response true or false?" This simple approach can help you eliminate incorrect answers and make your exam prep more efficient.
By breaking down each question into its component parts, you can focus on the key elements of the question and make more informed decisions.
Health Insurance
To become a health insurance broker, you need to pass a test to get your Life/Accident & Health Agent insurance license.
This license allows you to sell life, health, and related products.
To sell insurance in California or Nevada, you'll need to obtain this license first.
You'll be able to work with clients to find the right health insurance plans for their needs.
The Life/Accident & Health Agent insurance license is a crucial step in your career as a health insurance broker.
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Exam Details

You'll want to arrive at least 30 minutes prior to your scheduled exam to ensure you have enough time to get settled.
In California, you have up to 1.5 hours to complete the 75-question exam for the Life-Only Agent license or the Accident & Health Agent license.
The combined Life, Accident, and Health Agent license exam in California is 150 questions and lasts up to three hours.
In Nevada, the Life exam is two hours long, with 1.25 hours dedicated to general information testing and .75 hour for state-specific testing.
The Health license testing in Nevada takes 2.25 hours, including 1.25 hours for general testing and one hour for Nevada-specific questions.
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Frequently Asked Questions
How hard is the insurance broker exam?
The insurance broker exam has a 60% overall pass rate, indicating it's a challenging test that requires proper preparation. Taking a study course can significantly improve your chances of passing.
What is the hardest insurance exam to pass?
The Health insurance exam is generally considered the most challenging, due to its complex policies. It's often cited as more difficult than both Life and Property insurance exams.
How many insurance brokers fail?
According to industry statistics, approximately 93% of life insurance agents leave the business within the first three years, but they don't "fail" - they quit. This surprising fact highlights the challenges of sustaining a career in insurance sales.
Sources
- https://www.insurance.ca.gov/0200-industry/0010-producer-online-services/0200-exam-info/
- https://www.insurance.ca.gov/0200-industry/0200-prod-licensing/0100-applicant-info/0800-exam-info/schedule-exam/
- https://prelicensetraining.com/page/stateRequirements/PLT/NY
- https://brokerblog.wordandbrown.com/sales-marketing-tips/health-insurance-broker-license-prep-and-exam-tips/
- https://www.adbanker.com/licensing-requirements/insurance/new-york/pre-licensing/
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