How To Become An Insurance Agent In Alaska

Alaska

What Kind Of Agent Are You Going To Be?

A majority of people who are applying for their insurance license have a plan in already in place of where they are going to use it. If you don't yet have a plan on how you will be using your insurance license, this is the place to start. Here are some of the questions that you should ask yourself:
  • What type of insurance am I going to sell?
  • Am I starting my own agency or working inside of an existing agency? 
    • It may depend on how your agency is set up to tell you what type of licenses you need to hold.
  • What types of licenses does my company require me to hold? 

How To Get Your Insurance License In Alaska

Pre-Exam Education

The first step in getting an Alaska insurance license is passing your license exam. So why do we say the first step is pre-license education? The reason is simple. We want you to pass your test the first time you take it. These courses or study materials are not a required step in getting your insurance license in Alaska, but they are highly recommended.

Most applicants choose to take these courses online, as it fits their schedule better, but there are also in-person courses available. You should choose which format in which to take your courses based on your preferred method of learning. The goal isn't just to get the courses out of the way, it's to prepare you to pass your license exam on the first attempt.

Recommended

For pre-license education products and courses, StateRequirement recommends:

Insurance License Exams

The next step after completing all of your pre-license coursework or self-study is to take the insurance exam. You will take one exam for each line of insurance you wish to carry. Life & Health (L&H) and Property & Casualty (P&C) lines are not combined lines in Alaska, so you will take one exam per line of authority that you wish to attain. The lines are titled: Life, Accident & Health, Property, and Casualty.

This is a proctored test, which means that you will be in a controlled environment with a person watching you. For people who haven't tested in a situation like this should be aware of this fact, and work on taming their nerves prior to sitting for the exam.

The fee for each attempt of the exams is $89 (one exam per line of authority). When you show up you must have a photo ID. Each exam is made up of two parts. The first part is the General Section, of which there are sixty (60) questions. You have one hour and fifteen minutes (1 hour, 15 minutes) to complete this section. The second part of the exam is the State Section. There are fifty (50) questions, and you have one hour (1 hour) to complete this section. Here is a copy of the outline of the exams for all lines of authority.

To explain scoring of this exam, we will quote Pearson Vue,

"SCORE EXPLANATION
Scaled Score

There are multiple versions of each of the licensing examinations. These versions are known as forms. Although all forms of an examination are developed based on the content outlines, the difficulty of the forms of an examination may vary slightly because different questions appear on each form. To ensure that no candidate is put at an unfair advantage or disadvantage due to the particular form of an examination that he or she is given, a statistical procedure known as equating is used to correct for differences in form difficulty.

The passing score of an examination was set by the Alaska Division of Insurance (in conjunction with Pearson VUE) after a comprehensive study was completed for each examination. Raw scores are converted into scaled scores. To avoid misuse of score information, numeric scores are only reported to failing candidates. The scaled score that is reported to you is neither the number of questions you answered correctly nor the percentage of questions you answered correctly. With a passing score of 70, any score below 70 indicates how close the candidate came to passing, rather than the actual number or percentage of questions the candidates answered correctly."

Check out our Insurance Exam Guide. It's extremely in-depth, and will hopefully help you pass the first time.

Insurance license tests are intentionally difficult, but not impossible by any means. You should study to the point of comfortability with the information before you attempt the test. Failing the exam isn't the end of the world, but keep in mind that you will need to pay the fee each time you attempt the test.

Note: StateRequirement recommends that you study for one exam at a time, then after passing, starting on your next line. The exams are difficult enough on their own without confusing information from one line to another.

You may register to take your exams and find more information on the Pearson Vue Alaska Insurance Exam Page. When contacting Pearson Vue about the exams, be sure to also ask them about fingerprinting, as it the next step in the licensing process.

Exam results are valid for one (1) year.

Fingerprinting And Background Check

The state of Alaska requires that all insurance license applications provide fingerprints prior to licensing. Giving your fingerprints will initiate a background check. If you have any prior misdemeanors or felonies, this may affect the outcome of your licensing efforts. For more information on this topic, call the Alaska Department of Insurance at 907-465-2515 or email the License Department.

There is a $47 fee for fingerprinting services, plus a $15 processing fee, for a total of $62.

Schedule to have your fingerprints taken through Pearson Vue or your local law enforcement agency. When you are finished with the fingerprinting appointment, you will receive a fingerprint card. Do not lose your fingerprint card, as you will need to mail it in in a later step!

License Application

Once you have completed your exams and fingerprinting, you are now ready to apply for your license. You must allow at least seventy-two (72) hours to pass after passing your license exams. This will allow time for the information to come from Pearson Vue to the state. If you have more than one line of authority that you have passed the exam for, be sure to apply for all of those lines.

The fee for an online application is $75, and NIPR will charge a $5 transaction fee for a total of $80. If you apply for your additional lines of authority, only the $5 transaction fee will be charged on later additions.

Fill out and submit your online application on the NIPR website.

Mail Fingerprint Card

After submitting your license application to the state, you will now mail in your fingerprint card. You will send this card to the Juneau office (address below).

Alaska Division of Insurance
333 Willoughby Avenue, 9th Floor
Juneau, Alaska 99801-3597
P.O. Box 110805
Juneau, Alaska 99801

Application Review

Once you have submitted your application and have filled all the other requirements, your license application will be reviewed by the state. Your background check will also be reviewed.

If everything is to acceptable standards your license should be issued quickly. If there are any items from your background check that need to be reviewed, it may slow down the process of issuance. If this is the case, the state may contact you to provide context to the issues that they have run into.

Once the review has been completed, you should receive an email from the Alaska Department of Insurance regarding the status of your license.

To check and see if your license has been issued, you may look yourself up in the State Based Systems License Look-Up System.

Congratulations!

You've done the work, put in the time and effort, and now hold the key to your own success!  We're proud of you. Take five (5) minutes and celebrate.

Alaska Department Of Insurance Contact Information

Mailing Address:
Alaska Division of Insurance
333 Willoughby Avenue, 9th Floor
Juneau, Alaska 99801-3597
P.O. Box 110805
Juneau, Alaska 99801
Phone: 907-465-2515
Fax: 907-465-3422

Robert B. Atwood Building
550 W. 7th Avenue, Suite 1560
Anchorage, Alaska 99501-3597
Phone: 907-269-7900
Fax: 907-465-3422
Email: [email protected]
Website: https://www.commerce.alaska.gov/web/ins/

Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date. Huge Hammer LLC and its members and affiliates are not responsible for any losses, monetary or otherwise. For more information, please contact your state's authority on insurance. Disclosure: StateRequirement has an affiliation with Kaplan Education company, and may receive compensation based on user activity on this site. We truly believe that Kaplan offers excellent products and services, and compliments the mission of StateRequirement.