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100+ Free Alaska Surplus Lines Practice Questions

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65-75% Pass Rate
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2026 Statistics

Key Facts: Alaska Surplus Lines Exam

65-75%

First-Time Pass Rate

Industry Data

70%

Passing Score

Alaska Division of Insurance

50

Exam Questions

Pearson VUE

1 hour

Exam Duration

Pearson VUE

$96

Exam Fee

Pearson VUE

P&C Required

Prerequisite

Alaska Division of Insurance

Alaska administers its surplus lines broker exam through Pearson VUE with 50 questions in 60 minutes and a 70% passing standard. The exam covers surplus lines market structure, Alaska-specific regulations including the 2.7% premium tax and diligent search requirements, non-admitted insurer eligibility, and the NRRA framework.

About the Alaska Surplus Lines Exam

Alaska's surplus lines broker exam tests knowledge of the non-admitted insurance market, Alaska Division of Insurance surplus lines regulations, diligent search requirements, the 2.7% surplus lines premium tax, Lloyd's of London and London Market operations, eligible insurer requirements, NRRA provisions, and E&S coverages relevant to Alaska's unique risks including oil/gas, commercial fishing, and earthquake exposures.

Questions

50 scored questions

Time Limit

1 hour (60 minutes)

Passing Score

70%

Exam Fee

$96 (Alaska Division of Insurance / Pearson VUE)

Alaska Surplus Lines Exam Content Outline

30%

Surplus Lines Markets

Lloyd's of London syndicates, London Market, alien insurers, managing general agents, wholesale brokers, binding authority, and E&S market operations

25%

Alaska Surplus Lines Law

Alaska Division of Insurance regulation, surplus lines broker licensing, eligible insurer list, non-admitted carrier requirements, and state-specific compliance

20%

Diligent Search & Eligibility

Diligent search documentation, three-declination requirement, export lists, NAIC IID listing, and non-admitted insurer financial standards

25%

Taxation & Compliance

Alaska 2.7% surplus lines premium tax, NRRA home-state taxation, recordkeeping, fiduciary duties, reporting requirements, and regulatory penalties

How to Pass the Alaska Surplus Lines Exam

What You Need to Know

  • Passing score: 70%
  • Exam length: 50 questions
  • Time limit: 1 hour (60 minutes)
  • Exam fee: $96

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

Alaska Surplus Lines Study Tips from Top Performers

1Master the Alaska surplus lines tax rate of 2.7% and practice calculating tax amounts on various premium levels
2Understand the diligent search requirement thoroughly, including the need for three admitted insurer declinations
3Study Lloyd's of London structure: syndicates, managing agents, coverholders, slips, and binding authority
4Learn NRRA provisions including home-state taxation and regulation of surplus lines transactions
5Know the difference between domestic, foreign, and alien insurers and their eligibility requirements
6Review Alaska-specific surplus lines risks: oil/gas operations, commercial fishing, aviation, and earthquake coverage

Frequently Asked Questions

How many questions are on the Alaska surplus lines broker exam?

The Alaska surplus lines broker exam contains 50 questions. You have 1 hour to complete the exam and must score at least 70% to pass.

What license do I need before taking the Alaska surplus lines exam?

You must hold an active Alaska Property & Casualty (P&C) insurance license before applying for the surplus lines broker exam. No pre-licensing education is specifically required for the surplus lines endorsement.

What is Alaska's surplus lines premium tax rate?

Alaska imposes a 2.7% surplus lines premium tax on the gross premium of all surplus lines policies. The surplus lines broker is responsible for collecting this tax from the insured and remitting it to the Alaska Division of Insurance.

How much does the Alaska surplus lines broker exam cost?

The Alaska surplus lines broker exam fee is approximately $96, payable to Pearson VUE when scheduling. Additional fees may apply for the license application and background check.

What is the diligent search requirement in Alaska?

Alaska requires surplus lines brokers to document that at least three admitted insurers have declined or are unable to provide the coverage before placing a risk with a non-admitted surplus lines carrier.

What topics should I focus on for the Alaska surplus lines exam?

Focus on surplus lines market structure (Lloyd's, London Market), Alaska Division of Insurance regulations, diligent search requirements, the 2.7% premium tax, non-admitted insurer eligibility, NRRA provisions, and Alaska-specific risks like oil/gas and earthquake exposures.