Free NJ Life & Health Exam Flashcards

The NJ Department of Banking and Insurance and PSI do not publish first-time pass rates for the New Jersey Life Producer or Accident & Health Producer exams. National Life & Health pass rates published by other state regulators average 58-68%, and NJ is widely considered law-heavy because 25 of the scored items on each line exam come from the NJ Common Insurance Law section. Plan for similar difficulty: candidates who score 70% or higher on full timed practice exams covering both national content and NJ statutes typically pass on the first attempt. Each exam is graded immediately at the PSI test center.

New Jersey tests Life Producer and Accident & Health Producer as two separate line exams rather than one combined test. The Life Producer exam has 83 scored multiple-choice items, and the Accident & Health Producer exam has 88 scored items, for 171 scored questions total across both lines. Each exam includes additional unscored pretest items and gives candidates 3 hours and 30 minutes per session. Candidates pursuing both lines schedule two separate $47 PSI appointments and must score 70% on each line independently.

PSI charges $47 per line exam, so candidates testing for both Life Producer and Accident & Health Producer pay $94 in exam fees. After passing, the New Jersey resident producer license application fee through NIPR is $170 covering Life, Accident & Health, Variable, Property, Casualty, or Personal Lines authority. Add fingerprint background-check costs (currently around $66 through IdentoGO) and any prelicensing course tuition. Total out-of-pocket for both lines typically runs $400 to $700 depending on the prelicensing provider you choose.

New Jersey requires 20 hours of approved prelicensing education for each line of authority: 20 hours for Life Producer and 20 hours for Accident & Health Producer, for a total of 40 hours when pursuing both lines. Courses must be completed through a DOBI-approved provider, and you receive separate certificates of completion for each line. Each course concludes with a proctored final exam requiring a 70% passing score before you can schedule the PSI state exam. Education completion certificates are valid for one year from the course completion date.

New Jersey resident producers must complete 24 hours of approved continuing education every two-year license term, including 3 hours of ethics or consumer protection (one ethics hour may be replaced by an insurance-fraud hour effective June 19, 2023). At least 12 of the 24 hours must be classroom or classroom-equivalent instruction. Licenses renew biennially on the last day of the producer's birth month. Producers cannot repeat a single course within one term; up to 12 non-ethics credits may be carried over once to the next renewal cycle.

PSI permits NJ candidates to reschedule after 24 hours when they fail, and New Jersey does not impose an attempt cap on the Life or Accident & Health Producer exams. Each retake requires paying the full $47 PSI fee again and rebooking through the PSI New Jersey portal. Test results are issued at the test center immediately after submission, and a diagnostic score report identifies the content sections where the candidate was weakest, so you can target study time at the New Jersey common law section or specific national-content domains before retesting.