Nevada 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 Nevada.

Who Grants a License: Licenses are granted by the Nevada Division of Insurance.

Qualifications to receive a License: Individuals who wish to obtain an insurance license in the State of Nevada:
 
1. Be at least eighteen (18) years of age.
2. Be a resident of the state.
3. Complete prelicensing education requirements.
4. Make a fingerprint reservation.
5. Make an exam reservation and pay the examination fee.
6. Pass the examination.
7. Apply for a license after passing the exam.
 
Prelicensing Education Requirements:
Candidates must satisfactorily complete an approved course of education in the fields of insurance for which they apply before they may be licensed. Candidates must satisfactorily complete twenty (20) hours of education per line of authority. Persons with at least ten (10) years employment with an insurer in underwriting or adjusting claims or a person who has been licensed for ten (10) out of the last fifteen
(15) years may be eligible for an exemption. Information on approved courses, exemption forms, and other questions are located on the DOI website at doi.nv.gov under the Producers section, or may be obtained by contacting the following:
 
Education Coordinator Nevada Division of Insurance
1818 E. College Parkway, Ste. 103
Carson City, NV 897
 
Phone Reservations for Fingerprinting: Candidates may only call MorphoTrust, USA™ at 866-761-8069 to make a fingerprint reservation. WALK-IN digital fingerprints will be available at MorphoTrust, USA™ locations only, NOT Pearson VUE test centers.
 
Applying for the Producer Exam:  It is highly recommended that the Nevada 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 Nevada 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/nv/insurance to make an online reservation for an examination. Candidates may call (800) 274-2609 to make an exam reservation by phone.
 
Test Information: The passing scaled score is 80. Each examination is based on a detailed content outline of topics, subtopics, and references to applicable state laws, statutes and regulations. The Nevada 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
 
NEVADA-SPECIFIC LIFE CONTENT OUTLINE - State Statutes, Rules, and Regulations (30 scoreable questions plus 7 pretest questions)
I. NEVADA STATUTES AND REGULATIONS COMMON TO LIFE, HEALTH, PROPERTY, AND CASUALTY
INSURANCE
A. Insurance Commissioner
B. Definitions
C. Licensing
D. Marketing practices
E. Insurance Guaranty Associations
II. NEVADA STATUTES AND REGULATIONS COMMON TO LIFE AND HEALTH INSURANCE ONLY
A. Credit life and health insurance
B. Group life and health insurance
C. Advertising
D. Viaticals
III. NEVADA STATUTES AND REGULATIONS PERTINENT TO LIFE INSURANCE ONLY
 A. Marketing methods and practices
 B. Ten-day free look
 C. Viaticals
 
 
ACCIDENT & HEALTH – GENERAL KNOWLEDGE CONTENT (50 scoreable questions plus 10 pretest questions)
 
I. TYPES OF POLICIES
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
A. Mandatory provisions
B. Optional provisions
C. Other provisions and clauses
D. Riders
E. Rights of renewability
III. SOCIAL INSURANCE
A. Medicare
B. Medicaid
C. Social Security benefits
IV. OTHER INSURANCE CONCEPTS
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
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
 
NEVADA-SPECIFIC ACCIDENT AND HEALTH CONTENT OUTLINE ACCIDENT & HEALTH  
State Statutes, Rules and Regulations (38 scoreable questions plus 7 pretest questions)
I. NEVADA STATUTES AND REGULATIONS COMMON TO LIFE, HEALTH, PROPERTY, AND CASUALTY INSURANCE
A. Insurance Commissioner
B. Definitions
C. Licensing
D. Marketing practices
 E. Insurance Guaranty Associations
 II. NEVADA STATUTES AND REGULATIONS COMMON TO LIFE AND HEALTH INSURANCE ONLY
 A. Credit life and health insurance
 B. Group life and health insurance
 C. Advertising
III. NEVADA STATUTES AND REGULATIONS PERTINENT TO HEALTH INSURANCE ONLY
A. Mandatory policy clauses and provisions
B. Availability of coverage for treatment of alcohol abuse/drug abuse
C. Coverage for reconstructive surgery
D. Hospice care
E. Medicare
F. Long Term Care
G. Continuous Care Coverage
 
How to Apply for the License: To apply for a license, candidates must complete all of the appropriate forms from the Nevada Division of Insurance. Candidates should mail forms and fees (once they
have passed the required examination) to either of the following addresses:
 
Carson City
Nevada Division of Insurance
1818 E. College Parkway, Ste. 103
Carson City, NV 89706
 
Las Vegas
Nevada Division of Insurance
2501 East Sahara Avenue #302
Las Vegas, NV 89104
 
Additional State Licensing Information:
 
Nevada Department of Business and Industry
Division of Insurance
1818 E. College Parkway
Ste.103
Carson City, NV 89706
Phone
(775) 687-0700
Licensing Section Fax 
(775) 687-0797
doi.nv.gov
 
Pearson VUE Licensing Information:
 
Pearson VUE
Nevada Insurance
Attn: Regulatory Program
5601 Green Valley Dr.
Bloomington, MN 55437
866-274-2609
 
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 Nevada are regulated by the Nevada Division of Insurance.
 

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