Michigan Insurance Prelicensing Requirements

MICHIGAN INSURANCE PRELICENSING INFORMATION

Michigan 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 and pass the simulated exam with a score of 70% or better.

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. Your examination fee is $40.

To change of cancel your testing appointment, you must contact PSI Exams at least 48 hours in advance or forfeit the examination fee.

Important: When you register for ExamFX prelicensing courses, schedule your license exam, and/or apply for your license it is important to use the same name that appears on the identification forms you plan to present at the time of your testing appointment.

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 a photograph and a signature and your certificate of completion. You will not be able to take your exam if these requirements are not met.

Your results will be given to you immediately following the exam. If you do not pass you will receive a diagnostic report indicating your strengths and weaknesses.

Step 4: Apply for your license. Michigan resident applicants must use the online application service at www.nipr.com.

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 licensing exams will be multiple choice and take place on a 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

 

Michigan Life Producer Examination
100 Questions – 2 hours
Passing score: 72%

CHAPTERPERCENTAGE OF EXAM
General Insurance10%
Life Insurance Basics15%
Life Insurance Policies 20%
Life Insurance Policy Provisions, Options and Riders 20%
Annuities8%
Qualified Plans, and Federal Tax Considerations for Life Insurance and Annuities 7%
Insurance Regulation 20%

Michigan Accident and Health Producer Examination
100 Questions – 2 hours
Passing score: 75%

CHAPTERPERCENTAGE OF EXAM
General Insurance10%
Health Insurance Basics20%
Individual Health Insurance Policy General Provisions5%
Disability Income and Related Insurance5%
Medical Plans20%
Group Health Insurance20%
Dental Insurance2%
Insurance for Senior Citizens and Special Needs Individuals8%
Federal Tax Considerations for Health Insurance2%
Insurance Regulation 8%

Michigan Life, Accident and Health Producer Examination
150 Questions – 150 minutes
Passing Score: 73%

CHAPTERPERCENTAGE OF EXAM
General Insurance7%
Life Insurance Basics7%
Life Insurance Policies10%
Life Insurance Policy Provisions, Options and Riders10%
Annuities 5%
Qualified Plans, and Federal Tax Considerations for Life Insurance and Annuities4%
Health Insurance Basics 10%
Individual Health Insurance Policy General Provisions3%
Disability Income and Related Insurance3%
Medical Plans10%
Group Health Insurance 10%
Dental Insurance 1.5%
Insurance for Senior Citizens and Special Needs Individuals 5%
Federal Tax Considerations for Health Insurance1.5%
Insurance Regulation13%

Michigan Property Producer Examination
100 Questions – 2 hours
Passing Score: 74%

CHAPTERPERCENTAGE OF EXAM
General Insurance15%
Property Insurance Basics16%
Homeowners Policy 17%
Commercial Package Policy (CPP)13%
Businessowners Policy17%
Other Coverages and Options7%
Insurance Regulation 15%

Michigan Casualty Producer Examination
100 Questions – 2 hours
Passing Score: 73%

CHAPTERPERCENTAGE OF EXAM
General Insurance15%
Casualty Insurance Basics 15%
Homeowners Policy10%
Auto Insurance 15%
Commercial Package Policy (CPP)8%
Businessowners Policy 10%
Workers Compensation7%
Other Coverages and Options5%
Insurance Regulation15%

Michigan Property and Casualty Producer Examination
150 Questions – 150 minutes
Passing score: 73%

CHAPTERPERCENTAGE OF EXAM
General Insurance13%
Property and Casualty Insurance Basics14%
Homeowners Policy 16%
Auto Insurance17%
Commercial Package Policy (CPP)8%
Businessowners Policy10%
Workers Compensation5%
Other Coverages and Options7%
Insurance Regulation10%

Michigan Personal Lines Producer Examination
100 Questions – 120 minutes
Passing score: 78%

CHAPTERPERCENTAGE OF EXAM
General Insurance10%
Property and Casualty Insurance Basics23%
Dwelling Policy6%
Homeowners Policy16%
Auto Insurance22%
Other Coverages and Options3%
Insurance Regulation20%

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 Michigan, if a candidate takes a combination exam and fails only one part of the exam they are still required to retake the same combined exam. Candidates must wait at least 24 hours before reregistering to take an exam after failing.

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 licensing question information please contact:
Department of Insurance and Financial Services (DIFS)
PO Box 30220
Lansing, MI 48909-7720
Phone (877) 999-6442
Email difs-licensing@michigan.gov
www.michigan.gov/difs

For licensing exams: :
PSI Services LLC
3210 E Tropicana
Las Vegas, NV 89121
(800) 733-9267 – Fax (702) 932-2666
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.