Anyone who wants to become a licensed insurance agent has to pass an insurance exam. They are required to become licensed by the state that they live in, and must follow the training requirements in order to get that license, aside from the actual exam. The questions that are on an exam will vary depending on the type of insurance that you are trained in. There are two main categories of consumer insurance that people license in: property and casualty, better known as P & C, and life and health insurance. Some get both, but the exams and licensure are separate, which is important to note.
An insurance exam will cover all the basic elements that you learned in your insurance training, including information about customer service, policy standards, writing policies, and even general underwriting and insurance questions that will be relevant to your position in the long run. If you’re licensing in P & C insurance, you’ll find a plethora of questions about home insurance, car insurance, and various rules and regulations for those areas, for example. Understanding the material in your insurance training is the only way to know what’s coming when you get to the exam.
You don’t have to worry about taking the insurance exam if you have done the training properly. You will know everything that you need to know, and the exam isn’t designed to trick you or mislead you in any way. Unlike many standardized tests, the insurance exam just wants to make sure that you’re competent where it counts, and isn’t going to analyze the answers that you choose based on how the question was worded. They’re just going to check to see if you know your stuff. That’s all they care about Security+ certification.
Insurance exam centers are located all over the country. Once you have completed your training, you will be required to find a testing center where you can take the exam that is applicable to the type of insurance that you’re going to be working with. Some employers, if you have a position in mind or are already ‘hired’, will pay for the expense of licensure and taking the necessary exam and training courses, but it all depends on who you’re working for. Someone hired at a local agency that is seen as a big investment will likely get compensated for training as a condition of the job much easier than someone who works at a big company with little personal investment.