Alaska Insurance Prelicensing Requirements

ALASKA INSURANCE PRELICENSING INFORMATION

Alaska does not require licensing candidates to complete prelicensing education; however, ExamFX highly recommends that you complete an educational course before attempting to take your state’s licensing exam.

WHAT’S IN MY COURSE?

Navigate to ExamFX’s home page and select the line of authority you’re interested in to learn more about our comprehensive insurance training packages.

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 (optional): Complete an optional prelicensing course that helps prepare you to take and pass your licensing exam.

Step 2: Schedule your exam with your state’s testing provider, Pearson VUE. The fastest way to schedule your exam is to do so online at www.pearsonvue.com/ak/insurance. You can also schedule your exam over the phone at (800) 274-5993. Your examination fee is $89.

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

Step 3: All resident candidates taking an insurance exam for the first time must be fingerprinted.

Only the Anchorage testing center offers fingerprints: to make a fingerprint reservation you will need to schedule with MorphoTrust USA via phone at 1-866-761-8069 or online with Pearson VUE. You must do so only after scheduling your examination appointment.

If you are testing at any other Alaska testing center, contact your local department of Public Safety to have your fingerprints taken. You will submit your fingerprint card with your licensing application to the Department of Insurance, along with a $47 payment directed to the Alaska Dept. of Insurance for the cost of the criminal background check.

Step 4: 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. You will not be able to take your exam if these requirements are not met.

Candidates who pass all parts of an examination will receive a score report that indicates “pass” only; no numeric score is reported. For those candidates who fail one or more parts of the examination, a separate numeric score for each failed part will be reported.

Step 5: Apply for your license with NIPR. More detailed information regarding the licensing process can be found on the Alaska Licensing page for individuals at NIPR.

Step 6: 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

 

Alaska Life Insurance Examination
110 Questions (90 scored, 20 pretest)
Time limit: 2 hours and 15 minutes
Passing score: 75%

CHAPTERPERCENTAGE OF EXAM
GENERAL KNOWLEDGE:
Completing the Application, Underwriting, and Delivering the Policy 13%
Types of Life Policies13%
Life Policy Provisions, Options, and Riders 20%
Taxes, Retirement and Other Insurance Concepts9%
STATE LAW:
Alaska Statutes and Rules Common to All Lines 34%
Alaska Statutes and Rules Pertinent to Life Insurance Only11%

Alaska Accident & Health Insurance Examination
110 Questions (90 scored, 20 pretest)
Time limit: 2 hours and 15 minutes
Passing score: 75%

CHAPTERPERCENTAGE OF EXAM
GENERAL KNOWLEDGE:
Field Underwriting Procedures10%
Types of Health Policies15%
Health Policy Provisions, Clauses and Riders22%
Social Insurance4%
Other Insurance Concepts4%
STATE LAW:
Alaska Statutes and Rules Common to All Lines34%
Alaska Statutes and Rules Pertinent to Accident and Health Only 11%

Alaska Property Insurance Examination
110 Total Questions (90 scored; 20 pretest)
Time limit: 2 hours and 15 minutes
Passing score: 75%

CHAPTERPERCENTAGE OF EXAM
GENERAL KNOWLEDGE:
Insurance Terms and Related Concepts15%
Policy Provisions and Contract Law12%
Types of Property Policies28%
STATE LAW:
Alaska Laws, Rules, and Regulations Common to All Lines 34%
Alaska Laws, Rules, and Regulations Common to Property Insurance Only 11%

Alaska Casualty Insurance Examination
110 Questions (90 scored, 20 pretest)
Time limit: 2 hours and 15 minutes
Passing score: 75%

CHAPTERPERCENT OF EXAM
GENERAL KNOWLEDGE:
Insurance Terms and Related Concepts15%
Policy Provisions12%
Types of Policies, Bonds, and Related Terms28%
STATE LAW:
Alaska Laws, Rules, and Regulations Common to All Lines 34%
Alaska Laws, Rules, and Regulations Common to Casualty Insurance Only 11%

Alaska Personal Lines Insurance Examination
140 Total Questions (124 scored; 16 pretest)
Time limit: 2 hours and 30 minutes
Passing score: 75%

CHAPTERPERCENT OF EXAM
GENERAL KNOWLEDGE:
Property and Casualty Insurance Terms and Related Concepts23%
Types of Property Policies8%
Types of Casualty Policies11%
Property and Casualty Policy Provisions and Contract Law19%
STATE LAW:
Alaska Laws, Rules and Regulations Common to All Lines 24%
Alaska Laws, Rules and Regulations Pertinent to Property and Casualty Personal Lines Insurance 15%

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 Alaska, 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 information please contact:
Alaska Division of Insurance
Department of Commerce, Community and Economic Development
333 Willoughby Ave, 9th Floor
PO Box 110805
Juneau, AK 99811-0805
Phone: (907) 465-2515 (phone)
Department of Insurance: www.commerce.alaska.gov
Producer Licensing: www.commerce.alaska.gov/web/ins/licensing

For licensing exams:
Pearson VUE Alaska Insurance
Attn: Regulatory Program
5601 Green Valley Dr.
Bloomington, MN 55437
Phone: (800) 274-5993
Email: pearsonvuecustomerservice@pearson.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.