Wisconsin Insurance Prelicensing Requirements

WISCONSIN INSURANCE PRELICENSING INFORMATION

Wisconsin requires potential agents take and complete a state approved prelicensing course before taking their licensing exam. *A state reporting fee of $20.00 per course for single lines will be charged when you place your order. A state reporting fee of $40.00 per combination course will be charged when you place your order.

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. All Study by Topic reading and quizzes must be completed in order and before the certificate exam may be accessed.
  • Complete and pass the certificate exam with a score of 70% or better with a proctor/disinterested third party present. The disinterested third party chosen by the licensee to monitor your simulated exam must have no financial interest in the success or failure of a licensee maintaining an insurance license and must not be a minor, relative, supervisor, or an employee under your line of supervision.

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. Certificate population may be delayed by a short period time due to need for proctor validation.

Step 2: Schedule your fingerprinting reservation with Fieldprint. Use the code FPWIOCIINSURANCE when scheduling your appointment.

Step 3: Schedule your exam with your state’s testing provider, PSI You may also schedule over the phone at (888) 818-5805. Your exam may be taken at a physical PSI examination center or via a remote online proctored

Step 4: Take and pass your state licensing exam. On the day of your appointment you must bring with you one valid (non-expired) form of government issued identification (driver’s license, passport, military I.D., etc.) which must contain your name and photograph. You must also bring with you your certificate of completion. You will not be able to take your exam if these requirements are not met.

You must get 70% correct to pass the examination. Your score will be displayed on screen at the end of the examination and a score report will be emailed to you. NOTE: Candidates taking a remotely proctored exam must select to end both the exam portion and survey portion of the test in order to receive your on-screen results and emailed score report.

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 5: Apply for your license. Wisconsin resident applicants may use the online application service at NIPR. You must wait 48-72 hours after passing the examination before submitting the electronic application.

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. 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

 

Note that these courses contains supplementary topics that are not included on the state exam content outline, but that are required as part of your prelicensing education in order to earn your prelicensing certificate of completion.

Wisconsin courses contain supplementary topics that are not included on the state exam content outline, but that are required as part of your prelicensing education in order to earn your prelicensing certificate of completion.

The state law regarding prelicensing education requires the candidates to demonstrate proficiency in two major areas: Section A: Principles of Insurance and General Wisconsin Insurance Laws, and Section B: Life Insurance. ExamFX courses and practice exams have been organized according to the prelicensing course requirements set by the Commissioner of Insurance.

Wisconsin Life Insurance Examination
100 Questions
Time limit: 2 hours
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
Insurance Regulation 35%
General Insurance 10%
Life Insurance Basics 10%
Life Insurance Policies 12%
Life Insurance Policy Provisions, Options and Riders 14%
Annuities 10%
Federal Tax Considerations for Life Insurance and Annuities5%
Qualified Plans 4%

Wisconsin Accident and Health Insurance Examination
100 Questions
Time Limit: 2 hours
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
Insurance Regulation 35%
General Insurance 10%
Accident and Health Insurance Basics 8%
Disability Income and Related Insurance 8%
Medical Plans 8%
Group Accident and Health Insurance 8%
Dental Insurance 4%
Medicare 8%
Long-Term Care Insurance 8%
Federal Tax Considerations for Accident and Health Insurance 3%

Wisconsin Property Insurance Examination
100 Questions
Time Limit: 2 hours
Passing Score: 70%

CHAPTERPERCENTAGE OF EXAM
Insurance Regulation 35%
General Insurance 8%
Property Insurance Basics 13%
Dwelling Policy 4%
Homeowners Policy 18%
Commercial Package Policy (CPP)9%
Businessowners Policy 9%
Other Coverages and Options 4%

Wisconsin Casualty Insurance Examination
100 Questions
Time Limit: 2 hours
Passing Score: 70%

CHAPTERPERCENTAGE OF EXAM
Insurance Regulation 35%
General Insurance 8%
Casualty Insurance Basics 13%
Auto Insurance 14%
Commercial Package Policy 10%
Businessowners Policy 10%
Workers Compensation Insurance 5%
Other Coverages and Options 5%

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 any retake limitations in your state. In Wisconsin, you must pass your licensing exam within a year of earning your certificate. If you do not, you will be required to repeat your prelicensing education requirement.

Step 2: Reschedule your exam through the initial registration process.

Step 3: 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 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!

Step 5: Apply for your license. Wisconsin resident applicants may use the online application service at NIPR. You must wait 48-72 hours after passing the examination before submitting the electronic application.

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.

MORE QUESTIONS?

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

For licensing questions:
Office of the Commissioner of Insurance
P.O. Box 7872
Madison, WI 53707-7872
Tel. (608) 266-8699
E-mail: [email protected]
Website: oci.wi.gov

For questions about the examination:
PSI Services LLC (PSI)
PSI
E-mail: [email protected]
Phone: (888) 818-5805

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.