How To Become An Insurance Agent In Arkansas
Getting your insurance license is the first step to becoming an insurance agent in Arkansas. Life insurance, car insurance, home insurance, or business insurance all require a license to sell in any state.
Follow our step-by-step guide to get your insurance license in Arkansas.
How To Get Your Insurance License In Arkansas
Step 1. Which Types of Insurance Licenses Do You Need?
Depending on what type of insurance agent you want to be or what types of policies you need to sell, you will need to choose what type or types of insurance licenses you need to get.
These are examples of the types of insurance policies you can sell with each type of license:
- Property & Casualty Insurance License – Car Insurance, Home Insurance, Business Insurance, etc…
- Life & Health Insurance License – Life Insurance, Annuities, Health Insurance, etc…
Most insurance agents choose to get both of these licenses, but if you will only sell one type of policy then you just need to choose which license fits your needs.
Step 2. Insurance Pre-License Education
After you’ve determined which licenses you need, you must now take your Arkansas insurance pre-license education courses.
Most folks choose to take their insurance pre-license course online. These courses are created specifically to give you the skills you need to pass the test. The types of licenses you choose (also known as “lines of authority”) will determine which courses you take.
Each line of authority in Arkansas requires twenty (20) hours of pre-license education. This means that if you wish to get a Property and Casualty license, you must take forty (40) hours of pre-licensing, and for Life, Accident, and Health you must also take forty (40) hours.
You will receive a certificate upon completion of the course. Keep this certificate, as you will need it when taking your exam.
Step 3. License Application
After completing your pre-license education you will apply for your license. If you have more than one line of authority that you plan on taking the exam for, be sure to apply for all of those lines.
The producer application fee is $20, plus NIPR’s $5 transaction fee. If you apply for additional lines of authority later, only the $5 transaction fee will be charged as an amendment fee.
Each line of authority will require its own license application. This means that if you wish to the carry property & casualty line, plus the life & accident and health line, you will need to complete the license and background checks twice.
Fill out and submit your online application on the NIPR website.
Step 4. Background Check
The State of Arkansas requires all licensees to submit an application for 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 Arkansas Department of Insurance at (501) 371-2750 or email the Insurance License Department.
You will find the application on this page of the Arkansas Insurance Department website.
The fee for the background check is $24.
Step 5. Arkansas Insurance License Exams
The next step after completing all of your pre-license coursework is to take the insurance exams. You will take one exam for each line of insurance you wish to carry. Life and Health are separate lines in Arkansas, so they are all separate tests. Property & Casualty (P&C), however, can be combined lines, so you will take one test for both of these lines. This means that for all four of these lines you will take three exams.
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 as follows:
- Life & Health: $100
- Property & Casualty: $100
When you show up you must have a photo ID and the original pre-license education certificate.
Life and Health are two separate exams that can be taken together. The Life exam consists of fifty (50) questions, and you have one hour and thirty minutes (1:30) to complete it and the Health exam consists of fifty (50) questions, and you have one hour and thirty minutes (1:30) to complete it.
Property & Casualty is a combined exam consist of fifty (50) questions, and you have one hour and twenty minutes (1:20) to complete it.
An outline of included subjects for these exams can be found here:
For more information on the scoring of the exam, we will quote the PSI Arkansas Insurance Department Licensure Candidate Information Bulletin:
Your score will be given to you immediately following the completion of the examination. In order to pass the examination, you must achieve a minimum score of 70%.PSI
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 PSI Arkansas Insurance Exam Page.
Step 6. 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.
3-5 days after passing your license test, contact the Arkansas Insurance Department to verify that your license has been obtained. You will not receive any correspondence from the state regarding the status of your license. You must make the call to them. The phone number to the Arkansas Insurance Department is (501) 371-2750.
To check and see if your license has been issued, you may look yourself up in the State Based Systems License Look-Up System.
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.
Arkansas Department Of Insurance Contact Information
Arkansas Insurance Department
1200 West Third Street
Little Rock, Arkansas 72201-1904
Phone: (501) 371-2750
Fax: (501) 683-2604
Email: [email protected]
Information on this page has been gathered by a multitude of sources and was most recently updated in January 2020.Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date. StateRequirement 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.