Frequently Asked Questions (FAQs)
There is a limit of
five (5) examination attempts
for the same examination type during a twelve (12) month period*.
How hard is it to pass the insurance exam?
Pass Rates and Recommended Study Time
Nevertheless, the
passing score for all exams is 70%
, and utilizing exam study tools can help you gauge whether or not you are on target to pass on the first try. The average exam-taker should expect to spend about 35 to 40 hours studying to pass the life and health insurance exam.
How many questions are on the Florida insurance exam?
The 2-40 Florida Health Agent License exam is
100 questions
. 85 questions are scored, while 15 questions are “pretest” or unscored questions. You must get 60 questions correct to pass.
How many questions are on the Florida 220 exam?
When you show up you must have a photo ID any other documents that the testing facility has asked you to bring. The Life & Health (including Annuities & Variable Contracts) 2-15 exam consists of
one hundred fifty (150) questions
, and you have two hours and forty-five minutes (2:45 hours) to complete the exam.
How many times can you take the 215 exam?
There is a final exam, which consists of 150 questions, and you must receive a 70% or higher on it to complete the course. However,
you may take the exam an unlimited number of times.
How can I pass my insurance exam?
- Take Enough Time To Study. …
- Organize Your Study Space. …
- Use Flow Charts And Diagrams. …
- Take Practice Exams. …
- Explain Your Answers To Others.
Do insurance agents make good money?
The US Bureau of Labor Statistics reports that an insurance agent made
$50,940 per year
on average in 2019. The lowest 10% in the industry earned more like $28,000, and the highest 10% earned over $125,000. The way you earn your income differs depending on which company you work for and what kind of insurance you sell.
How difficult is the Florida insurance exam?
All Florida Insurance exams are multiple choice and require a
70% score to pass
. … The 2-40 Florida Health Agent License exam is 100 questions. 85 questions are scored, while 15 questions are “pretest” or unscored questions. You must get 60 questions correct to pass.
Is the Florida life insurance exam hard?
Though it may seem somewhat overwhelming at first, preparing for and taking the state health and life insurance exam
is NOT that difficult
. … The reason was that they were prepared for the exam by learning and understanding the basic concepts of health and life insurance.
What kind of questions are on the life insurance exam?
- Life insurance general knowledge.
- Life insurance policies.
- Policy riders and options in life insurance coverage.
- Life insurance tax issues.
- Annuities.
- Annuity policy tax issues.
How much does a licensed insurance agent make in Florida?
| Annual Salary Hourly Wage | Top Earners $109,825 $53 | 75th Percentile $84,058 $40 | Average $68,275 $33 | 25th Percentile $42,240 $20 |
|---|
What can an unlicensed insurance agent do in Florida?
- Taking an application for insurance in the agent's office, for a person who has called or come into the office. …
- Giving a quote in the agent's office, to a person who has called or come into the office. …
- Receiving premium at the agent's office.
How long is the Florida 220 exam?
You have
120 minutes
to complete the exam, which you can pass with a score of 70 percent correct answers or greater. Once you complete the exam, you will receive a score report that indicates whether or not you have passed, along with your score, diagnostic information and reexamination instructions, if needed.
Can you retake life insurance exam?
Yes, you can
; however, it is up to the underwriters to approve another medical exam and be willing review the new results for a premium adjustment. In most cases, six months is the required waiting period.
How much is the 215 license in Florida?
The total cost to obtain your Florida Insurance License: 2-15 Health & Life Insurance License is
$147.55 plus course tuition
. 2-14 Life Only Insurance License is $147.55 plus course tuition.
What can I do with a 2/15 license in Florida?
The Florida 2-15 Life, Health and Variable Annuities Agent license allows an
individual to transact contracts for Life Insurance, fixed-dollar annuity contracts
, or variable annuity contracts offered by the same insurer. This license also allows the individual to transact Health Insurance.
