Oregon Insurance Prelicensing Requirements

OREGON INSURANCE PRELICENSING INFORMATION

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

 

LINE OF AUTHORITYREQUIRED HOURS OF STUDY
Life Insurance20 hours
Accident & Health Insurance20 hours
Casualty Insurance20 hours
Property Insurance20 hours
Property and Casualty Insurance40 hours
Personal Lines Insurance20 hours

HOW DO I COMPLETE MY EXAMFX PRELICENSING EDUCATION COURSE?

To earn your certificate of completion, you must:

  • Spend the total amount of the required hours in the course study materials. Time spent within the courses will be tracked by a mass timer.
  • 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.

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 (877) 733-9267.

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

Be aware that the state of Oregon requires fingerprinting and background checks with your insurance agent licensing application. Upon passing the examination you must be electronically fingerprinted. Fingerprinting must take place on the same day that you pass your examination at the PSI testing center. You will pay a $55 fee on the day of testing.

Step 3: Take and pass you state licensing exam. On the day of your appointment you must bring with you two valid forms of identification (driver’s license, passport, military I.D., etc.) one of which must be government-issued and must contain your name and photograph. You must also bring the Certificate of Completion earned by completing your ExamFX prelicensing course. If you cannot provide the required identification, call (800) 733-9267 at least 21 days prior to your scheduled appointment. 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 an official score report. If you fail your exam, you will receive a failing score report with a diagnostic report indicating your strengths and weaknesses by examination type.

Step 4: Apply for your license. Oregon resident applicants must use the online application service at www.nipr.com. Additional licensing guidance can be found at the Department of Insurance's web page, accessible 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. 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

 

Oregon Life Insurance Examination
100 Questions – 2 hours
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance7%
Life Insurance Basics 20%
Life Insurance Policies 17%
Life Insurance Policy Provisions, Options and Riders 12%
Annuities20%
Qualified Plans 7%
Federal Tax Considerations for Life Insurance and Annuities 9%
Insurance Regulation 8%

Oregon Health Insurance Examination
100 Questions – 2 hours
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
Insurance Regulation 10%
General Insurance 10%
Health Insurance Basics 6%
Individual Health Insurance Policy General Provisions 7%
Disability Income and Related Insurance 6%
Medical Plans17%
Group Health Insurance 20%
Dental Insurance 3%
Insurance for Senior Citizens & Special Needs Individuals 14%
Federal Tax Considerations for Health Insurance 7%

Oregon Life and Health Insurance Examination
150 Questions - 160 Minutes
Passing Score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance 5%
Life Insurance Basics 10%
Life Insurance Policies 10%
Life Insurance Policy Provisions, Options and Riders 7%
Annuities 11%
Qualified Plans 3%
Federal Tax Considerations for Life Insurance and Annuities 5%
Health Insurance Basics 3%
Individual Health Insurance Policy General Provisions 4%
Disability Income and Related Insurance 2%
Medical Plans 9%
Group Health Insurance 11%
Dental Insurance 2%
Insurance for Senior Citizens & Special Needs Individuals 9%
Federal Tax Considerations for Health Insurance4%
Insurance Regulation 5%

Oregon Property Insurance Examination
100 Questions – 2 hours
Passing Score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance13%
Property and Casualty Insurance Basics 16%
Dwelling Policy 10%
Homeowners Policy 17%
Commercial Package Policy (CPP) 13%
Businessowners Policy 8%
Other Coverages and Options10%
Insurance Regulation 13%

Oregon Casualty Insurance Examination
100 Questions – 2 hours
Passing Score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance11%
Property and Casualty Insurance Basics 13%
Homeowners Policy 10%
Auto Insurance 14%
Commercial Package Policy (CPP)10%
Businessowners Policy 10%
Workers Compensation Insurance 13%
Other Coverages and Options 8%
Insurance Regulation 11%

Oregon Property and Casualty Insurance Examination
150 Questions – 2 hours and 40 minutes
Passing Score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance 10%
Property and Casualty Insurance Basics 14%
Dwelling Policy 6%
Homeowners Policy 8%
Auto Insurance 11%
Commercial Package Policy (CPP)13%
Businessowners Policy 5%
Workers Compensation Insurance 11%
Other Coverages and Options 11%
Insurance Regulation 11%

Oregon Personal Lines Examination
150 Questions – 2 hours and 40 minutes
Passing Score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance 10%
Property and Casualty Insurance Basics 26%
Dwelling Policy 13%
Homeowners Policy 19%
Auto Insurance 16%
Other Coverages and Options 6%
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: Be aware of retake limitations and rules. In Oregon, a candidate can take examinations on an unlimited basis during the 1-year period that your Certificate of Completion is valid.

Step 2: Reschedule your exam after a 24 hour waiting period. You must re-register by following the initial registrations and scheduling steps. It is not possible to reschedule your exam on the same day that you have tested.

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!

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.