Study guide for insurance license exam free

If you are considering a career in the health and life insurance field, you are going to need to get familiar with the Life and Health exam. Life and health insurance agents reach out to potential clients, explain a number of insurance policies to them and help them choose the one that works for them. Life and health insurance agents help insurance companies gain new business.

The Life and Health exams are specific to each state, so the content and requirements are different depending on where you live.

Life and Health Test Study Guide with Practice Questions


What do life and health insurance agents do on a daily basis?


On a day to day basis, life and health insurance agents call potential clients, explain various policies to them, interview potential clients to match them with health and life insurance policies, and help policy holders settle claims.


Who is eligible to take the Life and Health exam?


The good thing about the Life and Health exam is that no formal education is required in order to take it. What you do need is a high school diploma or GED and a lot of studying.

Registering for the Life and Health exam is specific to the state you’re living in, so you may need to check in your area.


How much does the Life and Health exam cost?


Exam fees vary from state to state, usually ranging from $50-$150. Exam fees are nonrefundable. You may pay using a credit card, a debit card, a voucher, or an electronic check.


What will I be tested on?


The general topics you will be tested on include but is not limited to types of life insurance policies; medical plans; health maintenance; annuities; dental, individual, and group policies; health insurance general knowledge; taxes, retirement, and other insurance concepts; marketing practices; as well as general knowledge about life insurance.


What score do I need to obtain in order to pass?


Scores fluctuate depending on the state. However, in most cases, the passing score is 70%.


How many questions will be on the life and health exam?


This depends on the state you are in. The amount of time you will get to complete the exam also depends on where you live.


What will test day be like?


On the day of your exam be sure to arrive either on time or earlier. You will need to have your government issued ID with you. Other requirements vary by state. Personal items such as bags, electronics, and study material may not be allowed in the testing room with you. You may be better off leaving valuable items at home if possible. Lockers may or may not be provided at the testing facility, so you may want to call in advance to make sure.


Where will I be taking the exam?


The exam is normally given at Pearson Vue testing facilities located throughout the country. However, depending on where you live, you may take it at a different location.


When will I get my results?


This depends on the state. Some states give you your results immediately upon completion of the exam, while other states mail your results within a few weeks.


Do I need to renew my license?


Typically, you will need to renew your license every two years, but this may vary depending on state.


What if I need to cancel my exam?


If you need to cancel your exam, you must do so at least 48 hours before you are scheduled to sit for the exam. If you cancel within the acceptable amount of time, you may be able to transfer the fee to a new test date or request a refund. However, this depends on the state.


How can I prepare for the Life and Health exam?


In order to pass the Life and Health exam, you need a reliable study resource. Mometrix Test Preparation offers both a study guide and flashcards to those preparing for the Life and Health exam. Our study guide is filled with the type of content and sample questions that will be found on the Life and Health exam, and our flashcards help you study through the use of repetition. By using Mometrix Test Preparation, you can rest easy knowing that you are studying the right way.

Life and Health Test Information

Take the self assessment module quiz below (make notes of your scores and remember which revealed significant gaps in your learning):

Self-Assessment Module

  • Life and Health Exam Practice Questions

As someone who hopes to become a life and/or health insurance agent, you may be nervous about taking the life insurance exam. You may find that a life insurance practice test is very helpful to you when preparing to take this exam.

One of the best ways to prepare for this exam is by answering life insurance practice questions. These questions will help you better understand the concepts that will be tested on the actual exam.

Summary: Use one of the insurance license exam practice tests below to prepare for your upcoming life and health insurance exam.

The best way to study for the life insurance test is to take a free life insurance practice test. By exposing yourself to life insurance test questions you are becoming a more efficient studier and quicker test taker. Here are some practice tests our experts gathered for your use:

The life and health insurance exams are for anyone who wants to be able to sell or continue selling life insurance. By passing this exam, the test taker is then licensed to sell life and health insurance in whatever state they live in, but they must renew their licensing every two years.

Each state will have a test that has anywhere from 50 to 110 questions for each section in separate tests and 85 to 170 for combined tests. Each section is timed from an hour to just over three hours and combined tests are around two hours. Check the table to see what your state requirement is.

State Number of Questions Time Allotted (minutes) Test Style
Alabama 100 120 Combined
Alaska 220 310 Separate
Arizona 150 150 Combined
Arkansas 180 300 Separate
California 150 180 Separate
Colorado 191 225 Separate
Connecticut 145 150 Combined
Delaware 211 270 Separate
Florida 165 175 Combined
Georgia 135 150 Combined
Hawaii 191 240 Separate
Idaho 170 260 Separate
Illinois 206 270 Separate
Indiana 150 180 Combined
Iowa 187 240 Separate
Kansas 156 180 Combined
Kentucky 100 120 Separate
Louisiana 150 160 Combined
Maine 161 210 Combined
Maryland 140 150 Combined
Massachusetts 200 240 Separate
Michigan 150 150 Combined
Minnesota 145 180 Combined
Mississippi 140 240 Separate
Missouri 170 180 Combined
Montana 205 255 Separate
Nebraska 150 150 Combined
Nevada 170 215 Combined
New Hampshire 150 150 Combined
New Jersey 181 420 Separate
New Mexico 150 150 Combined
New York 150 150 Combined
North Carolina 120 150 Separate
North Dakota 220 300 Separate
Ohio 150 150 Combined
Oklahoma 155 210 Combined
Oregon 150 160 Combined
Pennsylvania 150 170 Combined
Rhode Island 92 120 Combined
South Carolina 100 150 Combined
South Dakota 145 150 Combined
Tennessee 164 210 Separate
Texas 150 150 Combined
Utah 150 150 Combined
Vermont 155 150 Combined
Virginia 150 150 Combined
Washington (state) 150 195 Combined
Washington D.C. 85 120 Combined
West Virginia 180 240 Separate
Wisconsin 200 240 Separate
Wyoming 150 150 Combined

While the types of questions vary from state to state, the subject areas covered on each exam will be relatively similar. Here are the topics you can expect to see when you take any life and health insurance exam:

  • General insurance (5%)
  • LI Basics (7%)
  • LI Policies (7%)
  • Insurance regulation (5%)
  • Policy provisions, options, and riders (8%)
  • Qualified plans (4%)
  • HI basics (5%)
  • Medical plans (8%)
  • Individual health insurance policy general provisions (4%)
  • Group health insurance (7%)
  • Dental insurance (2%)
  • Disability income and related insurance (3%)
  • Insurance for senior citizens and special needs individuals (8%)
  • Health maintenance organizations (3%)
  • Annuities (6%)
  • Federal tax considerations for life insurance and annuities (5%)
  • Federal tax considerations for health insurance (3%)
  • Additional considerations for life and health insurance counselors (10%)

Though it doesn’t seem like it from the small percentages, this is everything that will be covered on the life and health insurance exam. There are extensive details in each of the sections listed above, so it is important to properly study for the exam.

Yes, the life and health insurance exam is always a multiple-choice format, typically with four answers per question. This means that if you are struggling to find an answer, you should be able to narrow it down or have a 25% chance of guessing the right answer.

However, the types of multiple-choice questions vary from test to test according to your state. There are three main question types that you will encounter depending on the test. 

The first type of multiple-choice question on the life and health insurance exam is a direct multiple-choice question. These are your standard one-question and one-answer multiple-choice questions. For example:

Which element is not necessary for the formation of a valid contract?

  1. Written document
  2. Legal purpose
  3. Consideration
  4. Competent parties

The second type is fill-in-the-blank multiple-choice questions. These appear a little differently than on other exams by making an open-ended statement that you have to finish with only one correct answer. For example:

Hospital expense coverage is written:

  1. Only on an indemnity basis
  2. Only on a service basis
  3. Only on a valued basis
  4. On an indemnity basis, a service basis, and a valued basis
  5. None of the above

The final type of question is “all of the following except”, meaning the majority of the options can all apply to whatever is being asked while one answer won’t apply to the question. That is the one you are expected to pick. For example:

Which of the following is NOT deemed to be a primary factor affecting life and health insurance consumption?

  1. Price
  2. Market concentration
  3. Interest rates
  4. Inflation
  5. Income

Using a life insurance practice test is one of the best ways to study for your state’s life and health insurance exam. The reason this study method helps so well is that practice tests are usually made up of questions that appeared on previous versions of the test.

By utilizing old life insurance test questions, you become a more efficient studier. Not only are you learning what you need to study most by figuring out which areas you may struggle to answer questions correctly, but you also see how the sections are broken up better than by the percentages above.

You can also become a faster test taker by using life insurance sample questions. They help you familiarize yourself with the questions so you can understand what is being asked quicker to be able to answer faster.

With detailed answer explanations, you also learn why an answer is correct rather than just learning the correct answer to help you on questions that are similar but not identical. If you time yourself on the practice exam, you can also emulate the pressure of the time crunch.

No, the tests vary greatly from state to state. Whether it’s types of questions, length of test, number of questions, or if the test is combined or separate, there are many differences in the life and health insurance exam based on the state you are seeking licensing it.

Yes, most states require that you take so many hours of insurance-related education before qualifying to take the life and health insurance exam. Again, the hours required will vary depending on the state you want to be licensed in.

After taking insurance-related classes, you must complete a pre-licensing course and exam. Once you have that, you may apply to take the exam, which includes getting fingerprinted and passing a comprehensive background check. Then you can take the life and health insurance exam!