Maryland Insurance Prelicensing Requirements

MARYLAND INSURANCE PRELICENSING INFORMATION

Maryland requires potential agents take and complete a state approved prelicensing course before taking their licensing exam.

 

HOW DO I COMPLETE MY EXAMFX PRELICENSING EDUCATION COURSE?

To earn your certificate of completion, you must:

  • Complete the simulated exam.

DON'T FORGET YOUR GUARANTEE EXAM!

ExamFX is so confident in the quality of its material that we offer our customers a first-time pass guarantee. If you don’t pass the first time around, we will refund your money. To qualify for this offer, you must pass our Guarantee Exam with a score of 80% to determine maximum exam readiness. While completing this portion of your online course is not required, we highly recommend taking this extra step.

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: Schedule your exam with your state’s testing provider, PSI Exams. The fastest way to schedule your exam is to do so online at www.psiexams.com. You can also schedule your exam over the phone at (800) 733-9267. The fee is $70 for both the general and Maryland specific sections of your examination.

In order to cancel your testing appointment without forfeiting your examination fee you must cancel at least two days in advance of your appointment. You may do so by phone or online.

Step 3: Take and pass you state licensing exam. On the day of your appointment you must bring with you two valid forms of government issued identification (driver’s license, passport, military I.D., etc.), one of which must contain your name and photograph. You will not be able to take your exam if these requirements are not met.

Security measures are taken at the testing site. Restrictions on what you may bring with you to the testing center, into the testing room, and what you may wear will be enforced. For more detailed information about the security measures that will be taken during your testing appointment, please read and review the candidate bulletin offered at www.psiexams.com.

Once you have passed your examination you will receive a score report.

Step 4: Apply for your license. Maryland resident applicants must use the online application service at www.nipr.com. More licensing application information can be found at the Initial Licensing page on Maryland’s website.

Step 5: Maintain your license by being aware of your continuing education requirements. Most insurance licenses must be maintained by completing a certain number of credit hours of continuing education each licensing period. ExamFX offers continuing education courses that will help you comply with your state’s requirements. Click here to view your state’s education rules and stay on top of your license.

WHAT WILL MY EXAM BE LIKE?

Your exam experience is dependent on the line of authority you are testing for but all exams take place by computer. Carefully review the below examination breakdowns to learn important factors like:

  1. the number of questions on your exam
  2. the time limit
  3. the subjects that you will be tested on
  4. the score that you must achieve to pass the exam

 

Maryland Life Insurance Examination
80 Total Questions
Time Limit: 120 minutes
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance 11%
Life Insurance Basics 19%
Life Insurance Policies 11%
Life Insurance Policy Provisions, Options and Riders 15%
Annuities 9%
Federal Tax Considerations for Life Insurance and Annuities 10%
Insurance Regulation 18%
Insurance Requirements for Life Insurance 7%

Maryland Health and Accident Insurance Examination
80 Total Questions
Time Limit: 120 minutes
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance 11%
Health Insurance Basics13%
Individual Health Insurance Policy General Provisions 6%
Disability Income and Related Insurance 9%
Medical Plans 15%
Group Health Insurance 5%
Insurance for Senior Citizens and Special Needs Individuals10%
Federal Tax Considerations for Health Insurance 5%
Insurance Regulation 10%
Insurance Requirements for Accident and Health Policies 15%

Maryland Life, Health and Accident Insurance Examination
130 Total Questions
Time Limit: 130 minutes
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance7%
Life Insurance Basics 12%
Life Insurance Policies 7%
Life Insurance Policy Provisions, Options and Riders 9%
Annuities 5%
Federal Tax Considerations for Life Insurance and Annuities 6%
Heath Insurance Basics 8%
Individual Health Insurance Policy General Provisions 3%
Disability Income and Related Insurance 5%
Medical Plans 10%
Group Health Insurance 3%
Dental Insurance 1%
Insurance for Senior Citizens and Special Needs Individuals 6%
Federal Tax Considerations for Health Insurance 3%
Insurance Regulations - All Lines 8%
Insurance Requirements for Life Insurance 2%
Insurance Requirements for Accident and Health Insurance 2%

Maryland Property Insurance Examination
80 Total Questions
Time Limit: 120 minutes
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance13%
Property Insurance Basics 10%
Dwelling Policy 11%
Homeowners Policy 19%
Commercial Policies 13%
Insurance Regulation 17%
Insurance Requirements for Property 17%

Maryland Casualty Insurance Examination
80 Total Questions
Time Limit: 120 minutes
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance 13%
Casualty Insurance Basics19%
Auto Insurance 12%
Commercial Package Policy (CPP) 9%
Workers Compensation 4%
Other Coverages and Options 9%
Insurance Regulation 19%
Insurance Regulation for Casualty 15%

Maryland Property and Casualty Insurance Examination
120 Total Questions
Time Limit: 3.5 hours
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance Common to Property and Casualty 7%
Property and Casualty Insurance Basics 13%
Dwelling Policy 8%
Homeowners Policy 13%
Commercial Policies Common to Property and Casualty 14%
Auto Insurance 8%
Workers Compensation 3%
Other Coverages and Options 5%
Insurance Regulation 14%
Insurance Regulation for Property 8%
Insurance Regulation for Casualty 7%

Maryland Personal Lines Insurance Examination
100 Total Questions
Time Limit: 2.5 hours
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance8%
Property and Casualty Insurance Basics 29%
Auto Insurance 10%
Dwelling Policy 11%
Homeowners Policy 17%
Insurance Regulation 13%
Insurance Regulation for Personal Lines 12%

I FAILED MY EXAM. NOW WHAT?

We are sorry to hear that you have failed your first attempt at passing your state’s licensing exam. These licensing exams are difficult and some candidates must try again to reach their goal. We want to help you get there, so we recommend that you:

Step 1: Be aware of retake limitations and rules. In Maryland, a candidate may not reschedule their examination appointment on the same day that they have taken their exam. You may take you exam as many times as you need to pass in one year. If the exam is not passed within one year of the initial examination date, prelicensing education must be repeated. 

Step 2: Reschedule your exam. You must re-register by following the initial registrations and scheduling steps.

Step 3: ExamFX’s subject matter experts are available by email at instructor.support@examfx.com to help you pass your licensing exam on your next attempt. Many testing providers will supply you with a score report or performance summary after your testing appointment. Use this report to let the ExamFX subject matter experts know what areas of the exam that you are struggling the most with.

Step 4: Study your materials. ExamFX materials are created by analyzing the exact testing outline supplied by your testing provider or Department of Insurance. This means that all the information that you need to pass your exam is within your course. Be confident that with more studying, you can pass your licensing exam and achieve your goals!

MORE QUESTIONS?

ExamFX recommends that you contact your Department of Insurance or testing center directly.

For examination questions please contact:
PSI Licensure: certification
3210 E Tropicana
Las Vegas NV 89121
800) 733-9267
www.psiexams.com

The information displayed above is for informational purposes only. ExamFX is not responsible for the accuracy of the information on this page. All steps have been taken to make sure that the information relayed on this page is accurate; however, information is subject to change without notice. It is the responsibility of the producer to be compliant per their states requirements.