Key Takeaways
- Arkansas requires 20 hours of pre-licensing education per line (40 hours for combined L&H)
- The exam is administered by PSI with a 70% passing score required on each section
- Life exam has 100 questions with 2.5 hours; exam consists of general knowledge and state law sections
- Arkansas requires 24 hours of CE every 2 years including 3 hours of ethics
- Arkansas Life & Health Insurance Guaranty Association protects policyholders up to statutory limits
Arkansas Life & Health Exam Overview
Welcome to OpenExamPrep's FREE Arkansas Life & Health Insurance exam prep guide. This comprehensive resource covers Arkansas-specific regulations, licensing requirements, and state insurance laws you need to know to pass your exam.
About the Arkansas L&H Exam
The Arkansas Life & Health insurance examination is administered by PSI Services LLC on behalf of the Arkansas Insurance Department. The exam tests your knowledge of:
- Arkansas insurance law and regulations
- Life insurance principles and coverages
- Health insurance including major medical, disability, and LTC
- Annuities and retirement products
- Ethics and professional conduct
Exam Structure
| Exam Component | Life Insurance | Health Insurance |
|---|---|---|
| Testing Provider | PSI Services LLC | PSI Services LLC |
| Total Questions | 110 (100 scored, 10 pretest) | 100+ questions |
| Time Limit | 2.5 hours (90 min general + 60 min state) | 2.5 hours |
| Passing Score | 70% on each section | 70% on each section |
| Question Format | Multiple choice | Multiple choice |
| Exam Fee | $50 | $50 |
Exam Section Breakdown
The Arkansas exam consists of two sections:
| Section | Questions | Time | Content |
|---|---|---|---|
| General Knowledge | 60 scoreable | 90 minutes | Basic insurance concepts |
| State Law | 50 scoreable + 10 pretest | 60 minutes | Arkansas-specific laws |
Important: You must pass BOTH sections with 70% or higher. If you fail one section, you only need to retake that section (within 12 months of passing the first section).
Pre-Licensing Education Requirements
Arkansas requires pre-licensing education before you can sit for the exam.
| License Type | Hours Required |
|---|---|
| Life Only | 20 hours |
| Health Only | 20 hours |
| Combined L&H | 40 hours |
Pre-Licensing Course Requirements
| Requirement | Details |
|---|---|
| Course Provider | Must be Arkansas-approved |
| Certificate Validity | 2 years from completion date |
| Course Content | General principles for each line |
| Final Exam | Must pass course final exam |
Exam Tip: Complete your pre-licensing course from an Arkansas-approved provider. Your certificate of completion is valid for 2 years, giving you time to prepare for and pass the state exam.
License Application Process
Step-by-Step Process
-
Complete Pre-Licensing Education
- 40 hours for combined Life & Health
- From an Arkansas-approved provider
- Obtain certificate of completion
-
Submit License Application
- Apply through NIPR website
- Complete required background check
- Pay application fees
-
Receive Authorization to Test
- PSI will send email confirmation
- Can schedule exam online or by phone
-
Schedule Your Exam
- Register at psi.com or call 800-733-9267
- Pay $50 exam fee
- Choose testing center location
-
Take the Exam
- Bring two forms of government-issued ID
- One must have photo, one must have signature
- Pass with 70%+ on both sections
- Results provided immediately
-
Apply for License
- Submit license application through NIPR
- Exam scores valid for one year
- License issued upon approval
Retake Policy
| Attempts | Waiting Period |
|---|---|
| 1st and 2nd failure | Can retake immediately |
| 3rd consecutive failure | Must wait 4 weeks |
License Maintenance
| Requirement | Details |
|---|---|
| CE Hours | 24 hours every 2 years |
| Ethics Hours | 3 hours of the 24 must be ethics |
| License Term | 2 years (biennial) |
| Renewal Timing | On or before producer's birth date |
| Carryover | Up to 24 excess hours can carry over |
Special Training Requirements
| Training Type | Requirement |
|---|---|
| Flood Insurance | One-time 3-hour NFIP course |
| Annuity Training | One-time 4-hour Best Interest course |
| Long-Term Care Initial | 8-hour course before selling LTC |
| Long-Term Care Ongoing | 4 hours every 24 months |
CE Exemptions
The following may be exempt from Arkansas CE requirements:
- Individuals holding limited lines licenses not requiring exam
- Individuals holding limited or restricted licenses
- Individuals 60+ years old who were licensed prior to July 1, 2003
Arkansas Insurance Department Contact
| Resource | Details |
|---|---|
| Website | insurance.arkansas.gov |
| Address | 1 Commerce Way, Suite 102, Little Rock, AR 72202 |
| Phone | (501) 371-2600 |
| Licensing Division | (501) 371-2750 |
What This Guide Covers
This FREE study guide focuses on Arkansas state-specific content:
Chapter 1: Arkansas Insurance Regulation & Licensing
- Arkansas Insurance Department structure and authority
- Producer licensing requirements and continuing education
- Ethics and professional responsibilities
Chapter 2: Arkansas Life Insurance Regulations
- Arkansas-specific life insurance laws
- Policy requirements and consumer protections
- Arkansas Life & Health Insurance Guaranty Association
Chapter 3: Arkansas Health Insurance Regulations
- Health insurance requirements in Arkansas
- Group and individual health coverage rules
- Arkansas health insurance marketplace information
Chapter 4: Arkansas Ethics & Consumer Protection
- Fiduciary duties and professional conduct
- Prohibited practices and penalties
- Consumer complaint procedures
Note: This guide covers ONLY Arkansas state law. Complete the national Life & Health exam first for foundational knowledge.
Study Tips for Arkansas Exam
Focus Areas
-
General Knowledge Section (60%)
- Insurance contract basics
- Policy provisions and riders
- Underwriting principles
- Claims procedures
-
Arkansas State Law Section (40%)
- Arkansas Insurance Code
- State-specific requirements
- Consumer protection laws
- Guaranty association rules
Recommended Study Plan
| Week | Focus Area | Hours |
|---|---|---|
| Week 1-2 | Pre-licensing course | 20 hours |
| Week 3-4 | Pre-licensing course (continued) | 20 hours |
| Week 5 | Practice exams and review | 10-15 hours |
| Week 6 | Final review and state law focus | 8-10 hours |
Next Steps
Ready to begin? Here's your action plan:
- Enroll in pre-licensing course - 40 hours for combined L&H
- Complete this FREE study guide - Read all 4 chapters
- Take chapter quizzes - Test your knowledge
- Apply through NIPR - Get authorization to test
- Schedule exam with PSI - Pay $50 exam fee
- Practice with full exams - Aim for consistent 80%+ scores
- Pass exam - With confidence!
Remember: This guide focuses on Arkansas-specific content. Supplement with national L&H study materials for comprehensive preparation.
Let's get started with Chapter 1: Arkansas Insurance Regulation & Licensing!
How many hours of pre-licensing education does Arkansas require for a combined Life & Health license?
Which testing company administers Arkansas insurance licensing exams?
What happens if you fail the same Arkansas insurance exam three consecutive times?
How long is an Arkansas pre-licensing course completion certificate valid?