The state insurance exam consists of various concepts that educate individuals on the insurance industry and how insurance products work so that they may properly advise clients when selling insurance. Topics covered on the exam include basic and advanced insurance concepts and principles, an overview of the insurance industry, agent responsibilities, and state insurance laws and regulations.
While each concept is important to understand in order to pass the insurance exam, some concepts will be more heavily questioned on the exam than others.
In preparing for the insurance exam, every state provides an ‘Examination Content Outline’ which lists the number of questions on the exam, the time limit in which the exam must be completed and the insurance concepts and topics tested on during the exam.
The Exam Content Outline also illustrates the percentage, or number of questions, of each section of the exam. For example, questions about Social Security might only total 2% of the insurance exam, while questions regarding state-specific laws and regulations may total 10% of the exam. This is significant because it acknowledges the sections of the outline that contain more questions, allowing you to streamline your insurance exam preparation in a more efficient manner.
Let’s review a few exam outlines to see how the process works: Read More