Idaho Life and Health Insurance Agent Exam

Need of a License: An individual who is acting as an agent or producer needs a license to sell life and health insurance in Idaho.

Who Grants a License: Licenses are granted by the Idaho Department of Insurance.
Life and Health Insurance Agent Exam
Qualifications to receive a License
: Individuals who wish to obtain an insurance license in the State of Idaho must:
 
1. Be at least eighteen (18) years of age.
2. Be a resident of the state of Idaho.
3. Submit fingerprints for initial licensure. 
4. Make a reservation and pay the fee.
5. Pass the examination.
6. Apply for a license.
 
Applying for the Producer Exam:  It is highly recommended that the Idaho Insurance Licensing Candidate Handbook be reviewed, and special attention be given to the content outlines (available at www.pearsonvue.com), before taking an examination.
 
The State of Idaho utilizes Pearson VUE to develop and administer its insurance licensing examination program. Pearson VUE is a leading provider of assessment services to regulatory agencies and national associations. Online reservations are the most efficient way for candidates to schedule their examination. Candidates must go to www.pearsonvue.com/id/insurance to make an online reservation for an examination. Candidates may call (888) 204-6218 to make an exam reservation by phone.
 
Test Information: When candidates complete the examination, they will receive a score report marked
“pass” or “fail.” Candidates who pass the examination will receive a score report that includes information on how to apply for a license. Candidates who fail the examination will receive a score report that includes a numeric score and diagnostic information relating to the general portion of the examination, as well as information about reexamination.
 
Each examination is based on a detailed content outline of topics, subtopics, and references to applicable state laws, statutes and regulations. The Idaho Insurance Licensing Candidate Handbook contains specific content information beyond the following general outlines:
 
LIFE – GENERAL KNOWLEDGE CONTENT (50 scoreable questions plus 10 pretest questions)
 
I. TYPES OF POLICIES (12)
A. Traditional whole life products
B. Interest/market-sensitive life products
C. Term life
D. Annuities
E. Combination plans and variations
 
II. POLICY RIDERS, PROVISIONS, OPTIONS, AND EXCLUSIONS (19)
A. Policy riders
B. Policy provisions and options
C. Policy exclusions
 
III. COMPLETING THE APPLICATION, UNDERWRITING, AND DELIVERING THE POLICY (11)
A. Completing the application
B. Underwriting
C. Delivering the policy
 
IV. TAXES, RETIREMENT, AND OTHER INSURANCE CONCEPTS (8)
A. Third-party ownership
B. Group life insurance
C. Retirement plans
D. Life insurance needs analysis/suitability
E. Social Security benefits and taxes
F. Tax treatment of insurance premiums, proceeds, and dividends
 
LIFE – IDAHO SPECIFIC CONTENT (25 scoreable questions plus 6 pretest questions)
 
I. IDAHO STATUTES, RULES, AND REGULATIONS COMMON TO LIFE, HEALTH/DISABILITY, PROPERTY, CASUALTY, AND PERSONAL LINES INURANCE (12)
 
 A. Responsibilities of the Director of the Department of Insurance
 B. Definitions
 C. Licensing
 D. Producer responsibilities
 E. Insurance contracts
 F. Marketing practices
 
II. IDAHO STATUTES, RULES, AND REGULATIONS COMMON TO LIFE AND HEALTH/DISABILITY INSURANCE ONLY (3)
 A. Credit life and disability insurance
 B. Life and Health Insurance Guaranty Association Act
 C. Assignment
 
III. IDAHO STATUTES, RULES, AND REGULATIONS PERTINENT TO LIFE INSURANCE ONLY (10)
 A. Policy replacement
 B. Annuity contracts
 C. Individual life
 D. Group life
 
ACCIDENT & HEALTH – GENERAL KNOWLEDGE CONTENT (50 scoreable questions plus 10 pretest questions)
 
I. TYPES OF POLICIES (14)
A. Disability income
B. Accidental death and dismemberment
C. Medical expense insurance
D. Medicare supplement policies
E. Group insurance
F. Long Term Care (LTC)
G. Limited Benefit Plans
 
II. POLICY PROVISIONS, CLAUSES, AND RIDERS (20)
A. Mandatory provisions
B. Optional provisions
C. Other provisions and clauses
D. Riders
E. Rights of renewability
 
III. SOCIAL INSURANCE (3)
A. Medicare
B. Medicaid
C. Social Security benefits
 
IV. OTHER INSURANCE CONCEPTS (4)
A. Total, partial, and residual disability
B. Owner’s rights
C. Dependent children benefits
D. Primary and contingent beneficiaries
E. Modes of premium payments
F. Nonduplication and coordination of benefits  
G. Occupational vs. non-occupational
H. Tax treatment of premiums and proceeds of insurance contracts
I. Managed care
J. Workers Compensation
K. Subrogation
 
V. FIELD UNDERWRITING PROCEDURES (9)
A. Completing application and obtaining necessary signatures
B. Explaining sources of insurability information
C. Initial premium payment and receipt and consequences of the receipt
D. Submitting application (and initial premium if collected) to company for underwriting
E. Ensuring delivery of policy and related documents to client
F. Explaining policy and its provisions, riders, exclusions, and ratings to clients
G. Replacement
H. Contract law
 
IDAHO HEALTH/DISABILITY SPECIFIC CONTENT (25 scoreable questions plus 6 pretest questions)
 
I. IDAHO STATUTES, RULES, AND REGULATIONS COMMON TO LIFE, HEALTH/DISABILITY, PROPERTY, CASUALTY, AND PERSONAL LINES INSURANCE (12)
 A. Responsibilities of the Director of the Department of Insurance
 B. Definitions
 C. Licensing
 D. Producer responsibilities
 E. Insurance contracts
 F. Marketing practices
 
II. COMMON TO LIFE AND HEALTH/ DISABILITY INSURANCE ONLY (3)
 A. Credit life and disability insurance
 B. Life and Health Insurance Guaranty Association Act
 C. Assignment
 
III. IDAHO STATUTES, RULES, AND REGULATIONS PERTINENT TO HEALTH/DISABILITY INSURANCE ONLY (10)
 A. Policy clauses and provisions
 B. Accidental death and dismemberment
 C. Disclosure
 D. Medicare supplement insurance
 E. Long term care
 F. Small employer health insurance availability act
 G. Individual health insurance availability act
 H. Disability income protection
 I. Idaho Health Carrier External Review A
 
How to Apply for the License: After you have passed your insurance examination and have been fingerprinted for the purpose of obtaining an insurance license your next step is to apply for the license online via www.sircon.com/idaho or www.nipr.com within 180 days of passing, and to pay state licensing fees of $80. Fax your pass slip, fingerprint receipt and any necessary attachments for background questions to 208-334-4398.
 
Before an insurance producer can act as an agent or representative of an insurance company, the insurer must file an appointment with the Department. The appointment must be filed no later than within fifteen (15) days from the date the first application for insurance is accepted by the carrier.
 
State Licensing Information:
 
Idaho Department of Insurance
PO Box 83720
Boise, ID 83720-0043
www.doi.idaho.gov
 
Pearson VUE Licensing Information:
 
Pearson VUE
Idaho Insurance
Attn: Regulatory Program
5601 Green Valley Dr.
Bloomington, MN 55437
800-204-6218
 
License Renewal Requirements: Individual Producer licenses must be renewed every two years and there is a continuing education requirement.

Applicable Regulations: Life and health insurance agents in Idaho are regulated by the Idaho Department of Insurance.
 

For more information on life and health insurance agent licensing and exam preparation, go to Tests.com’s Life and Health Insurance Exam Guide.

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