New York Insurance Prelicensing Requirements

NEW YORK INSURANCE PRELICENSING INFORMATION

New York requires prospective 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 all Study by Topic reading chapters and Study by Topic quizzes. Study by Topic quizzes must be passed with a score of 70% or better.
  • Complete and pass the simulated exam with a score of 70% or better.
  • After completing the Study by Topic reading and quizzes along with the simulated exam, you must complete and pass the certificate exam with a score of 70% or better with a New York approved monitor. You may locate a monitor here this form
  • You must review the Flash Cards and OnDemand Videos prior to attempting the certificate exam for Property and Casualty and Personal Lines courses.  

 

Provider Name: ExamFXProvider Number: 70025
Name of courseClass(es) of license for which the course is approved
Life Only - 20 Hours (Internet) (3125) Life
Health Only - 20 Hours (Internet) (3132) Accident & Health
Life, Accident and Health - 40 Hours (Internet) (3133) Life and Accident & Health
Property and Casualty - 90 Hours (Internet) (3911) Property and Casualty
Personal Lines - 60 Hours (Internet) (3912) Personal Lines

You may contact your assigned instructor Svetlana Mitchell - Life and Health or Cindy Davidson - Property and Casualty by completing this form.

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 NY Department of Financial Services. Once you have completed your course, ExamFX will issue a certificate of completion which you may download and print from your online ExamFX account. Certificate population may be delayed by a short period time due to need for proctor validation.

Step 2: Schedule your exam with your state’s testing provider, PSI Services LLC. The fastest way to schedule your exam is to do so online at PSI. You can also schedule your exam over the phone at (800) 733-9267.Your exam may be taken at a physical PSI examination center or via a remote online proctored exam.

To change of cancel your testing appointment, you must contact PSI Services LLC at least 48 hours in advance or forfeit the examination fee. A voicemail or email message is not an acceptable form of cancellation. Please use the PSI Website or call PSI to speak directly to a Customer Service Representative.

IMPORTANT NOTE: 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.

Security measures are taken for all testing methods. 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 PSI Exams

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.

At the end of your exam, you will receive a printed score report. The report indicates your overall score and grade, including the numerical percentage of questions answered correctly and whether you have passed or failed.

Step 4: Apply for your license. Click Hereto navigate to the Original License Application page on the Department’s website for additional information. https://www.dfs.ny.gov/insurance/abindx.htm

Fingerprinting is required for insurance agent licensing in the state of New York. Learn more here.

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

 

Please Note: The examination breakdowns below apply to those courses ExamFX currently offers. State exams are offered in Spanish. The following ExamFX courses are currently available in Spanish: New York Life, New York Health, New York Life and Health.

New York Life Insurance Agent/Broker Examination
100 Total Questions
Time Limit: 2 hours
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance 10%
Life Insurance Basics 19%
Life Insurance Policies 20%
Life Insurance Policy Provisions, Options and Riders 20%
Annuities 10%
Qualified Plans 4%
Federal Tax Considerations for Life Insurance and Annuities 5%
Life Settlement 2%
Insurance Regulation 10%

New York Accident and Health Insurance Agent/Broker Examination
100 Total Questions
Time Limit: 2 hours
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance 6%
Accident and Health Insurance Basics 12%
Individual Health Insurance Policy General Provisions 10%
Disability Income and Related Insurance 10%
Medical Plans 15%
Long-Term Care Insurance 5%
Group Health and Blanket Insurance 10%
Federal Patient Protection and Affordable Care Act 10%
Government Health Insurance Plans 9%
Private Insurance for Senior Citizens & Special Needs Individuals 5%
Insurance Regulation 8%

New York Life, Accident and Health Insurance Agent/Broker Examination
150 Total Questions
Time Limit: 2.5 hours
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance 4%
Life Insurance Basics 8%
Life Insurance Policies 8%
Life Insurance Policy Provisions, Options and Riders 10%
Annuities 7%
Qualified Plans 2%
Federal Tax Considerations for Life Insurance and Annuities 2%
Life Settlement 3%
Accident and Health Insurance Basics 5%
Individual Health Insurance Policy General Provisions 4%
Disability Income and Related Insurance 6%
Medical Plans 6%
Long-Term Care Insurance 6%
Group Health and Blanket Insurance 5%
Federal Patient Protection and Affordable Care Act 6%
Government Insurance Plans 5%
Private Insurance for Senior Citizens & Special Needs Individuals 6%
Insurance Regulation 7%

New York Property and Casualty Insurance Agent/Broker Examination
150 Questions
Time Limit: 2.5 Hours
Passing Score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance9%
Property and Casualty Insurance Basics 13%
Dwelling Policy 6%
Homeowners Policy 14%
Auto Insurance 11%
Commercial Package Policy (CPP) 11%
Businessowners Policy 8%
Workers Compensation Insurance 8%
Other Coverages and Options 7%
Accident and Health Insurance 4%
Insurance Regulation 9%

New York Personal Lines Insurance Agent/Broker Examination
100 Questions
Time Limit: 2 hours
Passing Score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance 10%
Property and Casualty Insurance Basics 17%
Dwelling Policy 8%
Homeowners Policy 24%
Auto Insurance 24%
Other Coverages and Options 7%
Insurance Regulation 10%

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: You must wait 24 hours to re-register by following the initial registrations and scheduling steps.

Step 2: ExamFX’s subject matter experts are available by email at [email protected] 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 3: 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.

Licensing Questions:
New York State Department of Financial Services
One Commerce Plaza, Suite 2003
Albany, NY 12257
Phone: 518.474.6630
Email: [email protected]
Website: https://www.dfs.ny.gov/insurance/dfs_insurance.htm


Exam Questions:
PSI Services LLC
3210 E Tropicana
Las Vegas, NV 89121
Phone: (800) 733-9267
Website: www.psiexams.com