New Jersey Laws, Rules, and Regulations Common to Life, Accident and Health, Property, and Casualty Insurance Explaining policy and its provisions, riders, exclusions, and ratings to clients.Assuring delivery of policy and related documents to client.Submitting application (and initial premium if collected) to company for underwriting.Initial premium payment and receipt and consequences of the receipt.Explaining sources of insurability information.Completing application and obtaining necessary signatures.Tax Treatment of Premiums and Proceeds of Insurance Contracts.Nonduplication and Coordination of Benefits.Total, Partial, and Residual Disability.New Jersey Laws, Rules, and Regulations Pertinent to Life and RegulationsĪccident & Health Producer Content Outline Accelerated Death Benefits - Living Benefits.Tax Treatment of Insurance Premiums, Proceeds, Dividends.Taxes, Retirement, and Other Insurance Concepts Completing the Application, Underwriting, and Delivering the Policy Policy Riders, Provisions, Options, and Exclusions This way, you’ll be absolutely sure that you haven’t missed any topic that you will be tested on later on. We recommend using it as a checklist when working through your pre-license education course. Kaplan Education Company New Jersey Life and Health Insurance Examīelow you can find the content outline offered by PSI. For comprehensive study packages, StateRequirement recommends: Over 81% of our readers use Kaplan’s online courses - which come with a 93% pass rate - when preparing for their insurance license exam(s). This will likely increase the amount of time and effort you can allocate to each examination and should allow you to feel more prepared when you sit your exam. Note: You should focus on one exam at a time. Your New Jersey insurance license exam cost will depend on the number of examinations that you take: Note: You will need to obtain a score of 70% or higher in order to pass the Life, Health, Property, or Casualty Producer exams in New Jersey. You can request a duplicate score report by reaching out to PSI at You will need to include your name, candidate ID number, and confirmation number. This will be very helpful if you end up attempting the examination again in the future. If you fail your examination, you will receive a score report that will also contain a diagnostic report that can be used to determine your strengths and weaknesses. Score ExplanationĪt the end of the examination, your score will be displayed on screen. The general questions test your federal insurance product and agent knowledge, whereas the state-specific questions test you on the New Jersey insurance regulations and laws that you will need to know in order to operate as an insurance agent. Your test can be carried out online or in person.Įach major insurance line examination is made up of multiple-choice questions and includes both general and state-specific material. This means you can register and book all of your licensing examinations through the PSI website. The state of New Jersey uses PSI to administer its insurance agent licensing. Kaplan Education Company New Jersey Insurance Exam Basics General Information

Recommended: Interested in getting started? We recommend using Kaplan’s online study packages, which come with a 93% pass rate.

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