How Do I Pass The Course
To pass the course you must read all the material and complete all of the modules. Each module ends with a quiz, but you don’t need to pass the quiz to move onto the next module. There is a 150-question final exam at the end of the course that you must receive a 70% or higher on to complete the course and receive your certificate. However, you may take the final exam an unlimited number of times.
After you pass the exam, you will receive a certificate of completion, which will be automatically and electronically forwarded to the Department of Financial Services on your behalf.
Testing At Domestic And Foreign Military Installations
The Department of Financial Services, through its testing vendor Pearson Vue, now offers Florida Insurance licensure exams at various domestic and international military sites. Active duty personnel, including the spouses of active duty personnel, federal contractors, and civilians working on base, are able to schedule exams at these locations.
Practice And Prepare For The State Exam
Through our Online Training Portal, the registered user will have access to the Florida Title Insurance Exam Prep product for 90 days from the date of activation. If additional study time is desired, simply purchase this product again.
Please note that the questions appearing on the State Exam are NOT the same as the questions appearing on the Online Exam Prep product. The purpose of the product is to help users gain comprehension of the material contained in the Florida Study Manual, on which the State Exam is based. The product should NOT be used for rote memorization of questions and answers.
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Will I Get My 2
The Florida Department of Financial Services requires anyone seeking a 2-15 Health & Life Agent License to take a 60-hour 2-15 pre-license course, unless they meet other requirements. The course does not give you a 2-15 Health & Life Agent License, but it does qualify you to take the state exam required to obtain your license.
Make Enough Time To Study
Not leaving enough time to prepare is one of the easiest ways to ensure that you do not pass your exam on your first attempt.
Remember, there are zero questions on your exam that are based on common sense or critical thinking. All questions are purely factual, and so will relate to how well you understand and remember the content that you have learned.
We recommend allocating around one to two weeks to prepare for your exam, as this should allow you to go through all of the material at least twice.
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Types Of Life Insurance Policies And Features
This section tests your general knowledge of Florida health insurance policies.
The insurance policy questions will focus on:
- Traditional whole life products like ordinary, limited pay, and single premium life products
- Adjustable, market-centric life products like universal life, whole life, variable index life, and interest-dependent whole life insurance plans
- Insurance annuity policies like fixed, indexed, single, premium, deferred, and variable contracts
- Health and life plans, including joint and survivorship life plans
- Different term life policies include renewable, convertible, decreasing, return on premium, and annual life policies
Successfully passing the general knowledge questions demonstrates a solid life and health insurance foundation, critical for a life insurance agent.
Free Insurance Practice Test
CompuCrams insurance exam prep product provides all the tools and resources necessary to pass the insurance test the first time. Try our FREE insurance practice test after you fill out the form below:
Build your confidence and industry expertise with CompuCrams exclusive system of combining simulated insurance agent practice exams, study vocabulary, and insurance industry practice testing.Show more
The CompuCram Insurance Agent practice exam delivers on ALL of the following:
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Property & Casualty Insurance Exam Topics
The topics covered on the Property & Casualty Insurance Exam depend on the state board. Below are some possible categories for this exam.
- Types of Policies. Example topics include limited-pay, single-premium life, and ordinary whole life.
- Parts of a Policy. Example topics include declarations, agreements, conditions, and exclusions.
- Policy Riders and Provisions. Example topics include waiver of premium, accidental death dismemberment, insurance clause, owners rights, and payor benefits.
- Completing the Application. Example topics include underwriting, warranties, replacement, insurable interest, and the Fair Credit Reporting Act.
- Insurance Concepts. Example topics include life insurance, business insurance, retirement plans, and social security.
- . Example topics include claims methods, false advertising, rebating, fraud, and misrepresentation.
- Basics of Third Party Coverage. Example topics include liability policies, negligence, and No Fault benefits.
- Specialty Policies. Example topics include Fair Plan Coverage, Personal Watercraft, and flood insurance.
- Commercial Crimes. Example topics include extortion, theft, and robbery.
- Licensing Laws. Example topics include limited lines, types of producers, fees, and commissions.
Applicants are encouraged to contact their state insurance board to find out what topics are on the Property & Casualty Insurance License Exam.
Why Do Insurance Agents Quit
Most agents quit because they can’t get enough sales to support themselves and their families. The only way to change that is to learn how to get more leads, better leads, and follow up on them. People go on fact-finding missions online. They don’t care who answers their question, as long as they get answers.
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Policy Preparation Application Underwriting And Delivery 8%
Questions on this topic will test:
- the steps required to complete an insurance application form, including the required application signatures, warranties, replacement, changes in the application, and disclosure at the point of sale
- the principles of underwriting including insurable interest, medical information, consumer reports, and risk classification
- How well you can explain insurance policies including riders, provisions, insurance coverage, and ratings to clients
- Your understanding of contract law, including elements of contract law and its unique aspects like conditional, unilateral, aleatory, and adhesion contracts
An insurance policy is the lifeline of all insurance activities therefore, understanding policy formulation is a necessary skill for any insurance agent.
When Should I Take My Exam
We encourage students to take the state exam within 5-10 days of completing their training at Larson Educational Services. During our many years in the education business, we have seen students have great success utilizing our recommended timeline, which is as follows:
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If I Hold An Insurance License In Another State Can I Transfer The License To Florida
Yes. If you are licensed and in good standing for one continuous year in one of the participating reciprocal states, you can apply to the Department of Financial Services to “transfer” your license from the other state. This means you are giving up your license in the other state and transferring it to Florida. You can only transfer it as the same insurance license type. You must submit your application AFTER becoming a Florida resident, but within 90 days of becoming a resident.
As long as you completed the pre-licensing course and state examination in your previous home state, you are exempt from the education and examination requirement in Florida.
If you obtained your license in your previous home state through reciprocity, you are NOT EXEMPT from the education and examination requirement in Florida.
If you do not want to lose your license in the other state, you will want to apply through reciprocity, which requires you to still take the Florida licensing exam
Life And Health Insurance Agent Licensing Practice Exam
Take this free practice test to get an idea of what is on your state’s life and health insurance agent licensing exam.
As an insurance agent, one is allowed to offer many different lines of coverage provided that the required training and testing qualifications have been met. Those who wish to sell life and health insurance are required to possess the proper licensing for each state in which they conduct business. In order to obtain a life and health insurance license, individuals must take and successfully pass an exam that is offered by the state licensing boards.
To prepare for your licensing exam, use the full-length Life & Health Insurance Agent Practice Exam with answers fully explained for ideal study.
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 underwriting expert.
The following practice exam is a sample from the full-length test.
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How Often Do I Have To Renew My License
An insurance license is perpetual and does not need to be renewed as long as the licensee is properly appointed. A licensees license will expire if the licensee does not have an appointment for 48 consecutive months.Licensees are also required to complete continuing education training every two years.
For more information, see our guide on How to Renew Your Insurance License in Florida.
What Are Some Study Resources For The Property & Casualty Insurance License Exam
It is normal to experience anxiety when preparing for an exam especially an exam that can advance your career. Understanding the test topics and structure in advance will not only decrease your anxiety but help you earn a higher score. We understand that this is easier said than done, so our expert test researchers developed the Mometrix Property & Casualty Insurance Study Guide. This comprehensive guide is designed to help you thoroughly understand and review the topics found on the Property & Casualty Insurance Exam. Our experts understand that practice before the examination is only half of the battle, so this in-depth study guide includes well-researched test-taking strategies that will help you effectively answer the test questions. For example, when you are taking a test, have you ever felt like you were answering the questions too slowly or too quickly? This study guide will help with that and so much more!
Research shows that repetition is one of the most effective test-taking strategies, so our test-taking experts also developed the Mometrix Property & Casualty Flash Cards. Designed with professional-quality material, these flash cards feature thorough, yet easy-to-read explanations of all the major topics on the test, like Broad Theft Coverage and Endorsements for BOP. The Mometrix Property & Casualty Flash Cards are ideal for quizzing and studying and on the go!
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Florida Insurance License Exam Locations
Southwest Florida has two testing facilities and they are both in Fort Myers. The nearest other testing facilities are in Sarasota and Fort Lauderdale.
Fort Myers I – Bank of America Building, 11691 Gateway Boulevard, Suite 200, Fort Myers, FL 33913
Fort Myers II Pearson Vue Test Center, 1220 Towne Lake Drive, Unit 40, Fort Myers, FL 33913
After I Get My Florida Insurance License How Do I Go To Work For An Insurance Company
Section 626.112 of the Florida Statutes states that no person may be, act as, or advertise or hold himself or herself out to be an insurance agent, unless he or she is currently licensed by the Department of Financial Services and has an “appointment” with an appropriate entity or person.
An “appointment” is a formal work authorization made by an insurance company to the DFS. It authorizes the licensee to write business for that insurance company or conduct business for that employer. Appointment fees are $60.
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General Line Florida Rules Statutes And Regulations 24%
Insurance law is at the heart of all insurance agent activities, and the 2/14 Florida licensing exam will test you on:
- Duties and responsibilities of a chief financial officer and Financial Services Commission
- Understanding of the Department of Financial Services, including general duties and powers of an insurance agent, adjuster, consumer services representative, insurance fraud, receivership, and unclaimed property
- Insurance regulation office including insurance regulators duties and powers, market conduct examination, investigation and agency actions
- Duties and responsibilities of the insurance financial regulation office
- Understanding of the definition of insurance contracts, transactions, insurer, a domestic company, reinsurance, etc
- Understand the purpose, requirement, types, and maintenance procedures of an insurance license
- Understand agent responsibility concerning fiduciary capacity, commissions, compensations, and ethics
- Knowledge of insurance guaranty fund
- Knowledge and understanding of insurance marketing practices include sliding, coercion, misrepresentation, defamation, unfair discrimination, rebating, churning, and false advertising
What Are My License Renewal And Continuing Education Requirements
There is NO INSURANCE LICENSE RENEWAL REQUIREMENT in Florida. Licenses are perpetual, meaning you can hold it forever, so long as you complete your continuing education and do not exceed a 48 month time-period without an “appointment.” An “appointment” is a formal work authorization made by an insurance company to the DFS. It authorizes the licensee to write business for that insurance company or conduct business for that employer.
Continuing education is required every two years for Florida Insurance License holders. The education must be completed by the end of the licensee’s birth month. The following licenses require continuing education:
- 2-15 Health & Life Agent License
- 2-14 Life Only Agent License
- 2-40 Health Only Agent License
The education requirement is twenty-four hours total for agents licensed less than six years, and twenty hours for agents licensed more than six years. The requirement is:
- 5 hours of Law & Ethics Update . If you have a Health & Life License, you only have to take one of the 5-hour Law & Ethics courses.
- 19 hours of Electives
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How Do I Complete My Examfx Prelicensing Education Course
To earn your certificate of completion, you must:
- 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 flashcard exercises.
- Access and completely view all video lectures.
- Complete and pass the simulated exam with a score of 70% or better.
American Online Insurance School
The American online insurance school is a premier insurance education institution that prides itself in infusing humor into its interactive insurance classes.
AOIS specializes in offering unique pre-licensing and continuing education online courses that help you grasp the fundamentals of life and health insurance.
Here are the unique features of the 2/15 AOIS pre-licensing course:
- Self-paced 100% pre-licensing online insurance classes
- Simple, easy-to-understand pre-licensing courses using special visual aids and memory concepts
- An interactive online practice test to adequately prepare you for the final licensing exam
- Relevant transcribed student-teacher sessions with real-life insurance examples and solutions
- 24/7 instructor support during the course duration
- State-approved 2-15 pre-licensing courses qualify you for the final health and life 215 license Florida exam
Pros of the American Online Insurance Course include:
- Self-paced learning
Cons
- Course material is a little outdated
The American Online Insurance School in Daytona, Florida, offers one of the best 215 insurance pre-licensing courses that guarantee your success in the 2-15 state exam.
Try the AOIS school to acquire the 60 hours of pre-licensing credits needed for the Florida life insurance license.
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How Do I Get My License
Step 1: Complete a prelicensing course that has been approved by the Department of Insurance. Once you have completed your course, ExamFX will issue a certificate of completion which you may download and print from your online ExamFX account.
Step 2: Apply for your license. Florida resident applicants must use the online application service called MyProfile, accessible here.
Be aware that the state of Florida requires fingerprinting. Candidates must be fingerprinted through IdentoGO by Idemia. You can register, find locations, and pay for fingerprinting by visiting www.L1enrollment.com/FLinsurance. After payment is made, you must submit your fingerprints electronically via LiveScan. A list of locations will be provided to you following registering with IdentoGO. The results of your criminal history check are submitted electronically to Florida Department of Financial Services.
Additional licensing application guidance may be accessed, here. Once your application is complete, the Florida Department of Financial Services will notify you of your license or registration status by email and your MyProfile Account.
Step 3: Schedule your exam with your states testing provider, Pearson VUE. The fastest way to schedule your exam is to do so online at Pearson VUE. You can also schedule your exam over the phone at 274-2020. Your exam may be taken at a physical Pearson Vue examination center or via a remote online proctored exam. Exam fees must be paid at the time of reservation.
States With Conditional Reciprocity
Alabama, Montana, North Dakota
The application for a resident life, health and variable annuity license in Florida must be received within 12 months of the date they were last licensed in their former state of residence.
The application for a resident life, health and variable annuity license in Florida must be received within 3 years of the date they were last licensed in their former state of residence.
Nevada
The applicant must have been licensed as an agent for the type and class applied for in 10 of the last 15 years or has been employed by an insurer for at least 10 years.
New Hampshire
The applicant must have been licensed for the type and class applied for in 3 out of the last 5 years preceding the application for resident licensure.
Oregon
The applicant must have held an active license for a period of 3 years ending within 2 years of the date of application to Florida.
Rhode Island, Texas, Vermont
The application for a resident life, health and variable annuity license in Florida must be received within 24 months of the date they were last licensed in their former state of residence.
Virginia
The application for a resident life, health and variable annuity license in Florida must be received within 12 months of the date they were last licensed in their former state of residence. The Virginia license must have been held for 1 year. Documentation of 1 year of licensure in Virginia must accompany the Florida application.
Washington
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