Exam Overview
The New Jersey life insurance license exam tests knowledge of state insurance regulations, product types, and ethical practices. Candidates must complete a 30-hour pre‑licensing course, pass the state exam, and submit a background check. The exam consists of 100 multiple‑choice questions, with a 75‑minute time limit and a 70% passing score.
More from this site
Keep reading the latest coverage
Pre‑Licensing Course
Approved providers offer online or in‑person classes covering:
- Insurance fundamentals
- Life insurance products (term, whole, universal)
- State statutes and regulations
- Ethics and agency operations
Completion certificates are required before registering for the exam.
Exam Content Breakdown
| Topic | Questions (%) |
|---|---|
| Insurance Basics | 20% |
| Life Insurance Products | 25% |
| State Regulations | 15% |
| Ethics & Agency Practice | 20% |
| Financial Planning | 10% |
Study Strategies
Effective preparation hinges on active learning:
- Use the official New Jersey Insurance Department study guide.
- Practice with timed mock exams to build speed.
- Create flashcards for key terms and statutes.
- Join a study group to discuss challenging concepts.
Exam Registration and Fees
Register through the New Jersey Department of Banking and Insurance website. Fees include a $100 exam fee and a $50 application fee. Payment can be made by credit card or electronic check.
After the Exam
Upon passing, submit a background check and await license issuance. Licenses are valid for one year, after which renewal requires continuing education and a renewal fee.