Get A Life Insurance License: Connecticut Requirements

If you're looking to become a life insurance agent in Connecticut, you'll need to obtain a Connecticut life insurance license. The process involves four main steps: completing a pre-licensing course, taking the Connecticut Life Insurance Licensing Exam, submitting a Connecticut Life Insurance License Application, and waiting for your application results.

The pre-licensing course will equip you with the knowledge to pass the licensing exam. In Connecticut, you need to complete 40 hours of pre-licensing education for life insurance. The licensing exam is administered by Pearson VUE and consists of 75 scored questions, which you'll have 120 minutes to complete. The application can be submitted online, and the results are typically processed within seven to ten business days.

So, if you're ready to begin your journey towards becoming a life insurance agent in Connecticut, make sure to familiarise yourself with these steps and get started on your pre-licensing education!

Complete a pre-licensing course

To get a life insurance license in Connecticut, you must complete a pre-licensing course. This is the first step towards becoming a life insurance agent in the state. Connecticut requires 40 hours of pre-licensing education courses for life insurance. These courses are self-paced and include study materials like practice exams and flashcards. They are designed to provide you with the foundational knowledge necessary for your chosen line of insurance and prepare you for the state licensing exam.

The specific training requirements vary depending on whether you are pursuing a single line or multiple lines of authority. If you are focusing on a single line of insurance, such as Life, Accident Health, or Sickness, you will be required to complete 20 hours of pre-licensing education per line. For those looking to obtain a license in multiple lines, such as Life, Accident, and Health, or Sickness and Property and Casualty, the training requirement will total 40 hours, covering all applicable lines.

There are different course formats accepted, including classroom, self-study, or online, to accommodate various learning styles and schedules. When deciding on a course, consider the course's flexibility, price, and reputation.

Kaplan offers Live Online, Live & OnDemand, and Self-Study Online insurance licensing solutions, providing a safe and convenient learning environment. They also offer a Career Launcher Package, which combines the convenience of self-study with live online review classes, and the EssentialPlus Live & OnDemand Package, which provides a flexible learning environment. Over 81% of readers use Kaplan’s online courses, which come with a 93% pass rate.

Another option is A.D. Banker, which offers pre-licensing courses that will prepare you to pass the state exam on your first attempt. They offer online courses supplemented with webinars, flashcards, and study manuals.

After completing your course content, you will need to pass a Certification Exam. This demonstrates the completion of the pre-licensing requirement. The exam is not monitored, and you will receive a Certificate of Completion if you pass with a score of 70% or greater. Keep this certificate as you will need to present it at your licensing exam. The certificate is valid for one year from the date of completion.

Pass the Connecticut Life Insurance Licensing Exam

Passing the Connecticut Life Insurance Licensing Exam is a crucial step towards obtaining your Connecticut life insurance license. Here is a detailed guide to help you prepare for and pass the exam:

Connecticut Life Insurance Licensing Exam:

The Connecticut Life Insurance Licensing Exam is administered by Pearson VUE, the official testing service provider. The exam consists of 75 scored questions, covering two sections: general and state-specific knowledge.

• The general section focuses on basic life insurance product knowledge.
• The state-specific section covers insurance concepts, terms, rules, regulations, and practices specific to Connecticut.

Preparation:

To increase your chances of passing the exam on your first attempt, it is highly recommended to complete a pre-license education course. These courses are designed to provide you with the necessary knowledge and tools to prepare for the exam. Connecticut requires 40 hours of pre-licensing education for life insurance.

Pre-license education courses are self-paced and include study materials such as practice exams and flashcards. They will help you gain a solid understanding of your future duties as a life insurance agent, in addition to preparing you for the exam.

Exam Format and Duration:

The Connecticut Life Insurance Licensing Exam is a proctored test, meaning an official proctor will closely monitor you during the exam. You will have 120 minutes (2 hours) to complete the 75 scored questions.

Exam Fee and Retake Policy:

The exam fee is $65, which must be paid at the time of reservation using a credit card, debit card, or voucher. In the unfortunate event that you do not pass the exam, you must wait 24 hours before making a reservation to retake the test.

Passing Score:

Although the specific passing score for the Connecticut Life Insurance Licensing Exam is not mentioned, a general passing score for most insurance licensing exams is a 70% mark.

Tips for Passing:

To maximize your chances of passing the exam, consider the following tips:

• Enroll in a reputable pre-license education course, such as those offered by Kaplan, which has a 93% pass rate.
• Dedicate sufficient time to studying and understanding insurance concepts.
• Utilize the available study materials, such as practice exams, flashcards, and study manuals.
• Take advantage of the online resources and study packages offered by organizations like Kaplan and AD Banker.
• Familiarize yourself with the exam format and the types of questions that will be asked.
• Manage your time effectively during the exam.

By following these steps and maintaining a focused and dedicated approach to your preparation, you will significantly enhance your chances of passing the Connecticut Life Insurance Licensing Exam.

Submit an application

Once you have passed the relevant Connecticut Insurance Licensing Exam, you can apply for your Connecticut life insurance license. The application fee is $140, and the National Insurance Producer Registry (NIPR) will charge a $5.60 transaction fee for a total of $145.60.

To apply for a life insurance license in Connecticut, you must be at least 18 years old and have passed the licensing exam. You should submit your completed license application within 12 months of passing the exam.

Make sure you comply with the insurance licensing requirements as defined under the Connecticut Administrative Code.

You can apply for your license by visiting www.nipr.com and selecting the "Apply for a License" option.

In addition to passing the exam, you must meet the following criteria to qualify:

• Be at least 18 years of age
• Be financially responsible and of good moral character

Note that any misdemeanors or felonies may affect the outcome of your licensing efforts. If you have any concerns about this, you can contact the Connecticut Department of Insurance by phone or email for more guidance.

The CID will issue a life insurance license to individuals who meet the requirements. The CID will review your application and this process usually takes seven to 10 business days from the date you mail your application.

Once your application review is complete, the CID will email you with its decision or ask you to provide more information.

You can print your license from the NIPR website. There is no charge to create an account or print a license. To search for and manage your Connecticut life insurance license, visit the NAIC SBS License Lookup tool.

Plan for continuing education

Once you have passed your exams and your licensing application has been approved, you will officially become a licensed insurance agent in Connecticut. To keep your license active, you will need to complete continuing education credits.

In Connecticut, you must take 24 hours of continuing education (CE) every two years to renew your license and maintain its good standing. Three of these 24 hours must focus on Connecticut insurance law and ethics. To avoid delays in renewing your license, you must complete the required CE hours at least 90 days before your license expires. Your CE provider will report the successful completion of those courses to the CID.

The renewal fee is $160 and the late fee is $320.

Life Settlement Brokers are required to complete 15 total hours of continuing education courses every two years.

Nonresident license holders are currently required to adhere to their home state's continuing education requirements.

It is important to stay on top of any changes to Connecticut insurance statutes and continuing education requirements, which can be found on the Connecticut Department of Insurance website.

Wait for application results

After completing the first three steps to getting a life insurance license in Connecticut, all that's left to do is wait for the Connecticut Insurance Department (CID) to review your application. The CID will review filings in the order they are received, and this process usually takes seven to ten business days from the date your application is mailed.

Once your application review is complete, the CID will email you with its decision or ask you to provide more information. If your application is approved, you will be ready to get started as a life insurance agent in Connecticut.

You can print your license from the National Insurance Producer Registry (NIPR) website. There is no charge to create an account or print a license. To search for and manage your Connecticut life insurance license, visit the NAIC SBS License Lookup tool.

To keep your license valid, you must take 24 hours of continuing education (CE) every two years to renew your license and maintain its good standing. Of those 24 hours, three must focus on Connecticut insurance law and ethics.

To avoid delays in renewing your license, you must complete the required CE hours at least 90 days before your license expires. Your CE provider will report the successful completion of those courses to the CID.

The renewal fee is $160 and the late fee is $320.

Frequently asked questions