Key Takeaways
- New Jersey requires pre-license education: 40 hours for Life and 40 hours for Health (or 75 hours combined)
- PSI administers New Jersey insurance exams with a 70% passing score required
- The New Jersey Life, Accident & Health exam covers both national and state-specific content
- All applicants must complete fingerprinting for a criminal background check
- License fees include a $60 application fee and licenses are valid for 2 years
New Jersey Producer Licensing Requirements
New Jersey has specific requirements for obtaining a Life, Accident & Health insurance producer license. Understanding these requirements is essential for exam success.
Pre-License Education Requirements
Current Requirements
| License Type | Pre-License Hours |
|---|---|
| Life Only | 40 hours |
| Health Only | 40 hours |
| Life, Accident & Health (Combined) | 75 hours |
Key Points:
- Pre-license courses must be completed at DOBI-approved schools
- Course completion certificate is valid for 12 months
- Online and classroom options available
- Must include New Jersey-specific content
Examination Requirements
PSI Services LLC administers New Jersey insurance licensing exams:
| Exam Detail | Requirement |
|---|---|
| Passing Score | 70% |
| Time Limit | 2 hours |
| Testing Provider | PSI Services LLC |
| Exam Content | National and State-specific |
| Retake Policy | 24-hour waiting period |
Exam Tip: New Jersey requires a 70% passing score. This is the standard passing score used in most states.
Examination Process
- Complete pre-license education at approved school
- Schedule exam with PSI online at goAMP.com or by phone
- Exam options: PSI testing centers or remote proctored exam
- Bring valid ID with photo (driver's license, passport, military ID)
- Receive results immediately after exam
Background Check Requirements
New Jersey requires fingerprinting for all insurance license applicants:
Fingerprinting Process
- Vendor: IdentoGO or approved fingerprinting provider
- Timing: Must complete before license issuance
- Cost: Approximately $65-75
- Results: Submitted electronically to DOBI
Disqualifying Factors
DOBI considers criminal history when evaluating license applications:
- Crimes involving fraud, dishonesty, or breach of trust
- Felonies substantially related to insurance activities
- Recent convictions (time elapsed matters)
- Pattern of criminal behavior
Note: A criminal record does not automatically disqualify an applicant. DOBI considers the nature of the offense, time elapsed, and evidence of rehabilitation.
License Application
After passing the exam:
- Submit application through NIPR (National Insurance Producer Registry)
- Pay license fee ($60 application fee)
- Complete background check if not already done
- Receive license after DOBI review (typically 2-4 weeks)
License Types and Authority
| License Type | What You Can Sell |
|---|---|
| Life Insurance | Life insurance, annuities, variable life |
| Accident & Health | Health, disability, LTC, Medicare Supplement |
| Life, Accident & Health | All life and health products |
Producer License Lines of Authority
New Jersey uses specific lines of authority:
- Life - Individual and group life insurance
- Accident & Health or Sickness - Health insurance products
- Variable Life and Variable Annuity - Securities-based products (requires Series 6/7)
What is the passing score for the New Jersey Life, Accident & Health insurance exam?
How many hours of pre-license education does New Jersey require for a combined Life, Accident & Health license?
Who administers insurance licensing exams in New Jersey?