Nevada Insurance License Exam

Passing your Nevada insurance license exam is a pivotal part of becoming a licensed insurance agent in the state of Nevada.

Nevada Insurance Exam Basics

General Information

The state of Nevada uses Pearson VUE to administer its insurance agent licensing. This means you can register and book all of your licensing examinations through the Pearson VUE website. Your test can be carried out online or in person.

Each major insurance line examination is made up of multiple-choice questions and includes both general and state-specific material.

The general questions test your federal insurance product and agent knowledge, whereas the state-specific questions test you on the Nevada insurance regulations and laws that you will need to know in order to operate as an insurance agent.

Note: You are only allowed two online attempts per exam. All other exam attempts (limitless) will have to be taken in person at a Pearson VUE testing center.

Score Explanation

A process known as scaling accounts for differences in exam variations.

Each exam has multiple versions (known as forms). Since there are different questions in each form, the difficulty of each exam can vary.

Each candidate’s raw score is combined with their form’s difficulty in order to provide a scaled score. It’s the scaled score that then determines whether a candidate passes or fails an exam.

When candidates complete the exam they will receive a “pass” or “fail” score.

Candidates that fail the exam will also receive a score report with a numerical score, as well as diagnostic information that can help them identify their strengths and weaknesses.

Note: A scaled score of 80 or above is needed in order to pass an insurance license exam in Nevada.

Cost

Your Nevada insurance license exam cost will depend on the type and number of examinations that you take:

Examination	Cost	Time Allowed
Life and Health Combined	$49	215 Minutes
Property and Casualty Combined	$49	215 Minutes
Life	$39	120 Minutes
Accident and Health	$39	135 Minutes
Property	$39	120 Minutes
Casualty	$39	135 Minutes

Note: You should focus on one exam at a time. This will likely increase the amount of time and effort you can allocate to each examination and should allow you to feel more prepared when you sit your exam.

Nevada Life and Health Insurance Exam

Below you can find the content outline offered by Pearson VUE.

We recommend using it as a checklist when working through your pre-license education course. This way, you’ll be absolutely sure that you haven’t missed any topic that you will be tested on later.

Life General Knowledge Content Outline

50 scorable questions, plus 5 pretest questions.

I. Types of Policies

A. Traditional whole life products
B. Interest/market-sensitive/adjustable life products
C. Term life
D. Annuities
E. Combination plans and variations

II. Policy Riders, Provisions, Options, and Exclusions

A. Policy riders
B. Policy provisions and options
C. Policy exclusions

III. Completing the Application, Underwriting, and Delivering the Policies

A. Completing the application
B. Underwriting
C. Delivering the policy
D. Contract law

IV. Retirement, and Other Insurance Concepts

A. Third-party ownership
B. Life settlements
C. Group life insurance
D. Retirement plans
E. Life insurance needs analysis/suitability
F. Social Security benefits
G. Tax treatment of insurance premiums, proceeds, and dividends

Life Nevada Specific Content Outline

30 scorable questions, plus 5 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. Nevada Life & Health Insurance Guaranty Association

II. Nevada Statutes and Codes 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 Codes Pertinent to Life Insurance Only

A. Marketing methods and practices
B. Ten-day free look
C. Viatical

Accident & Health General Knowledge Content Outline

50 scorable questions, plus 5 pretest questions.

I. Types of Polices

A. Disability income
B. Accidental death and dismemberment
C. Medical expense insurance
D. Medicare supplement policies
E. Group insurance
F. Individual/Group Long Term Care (LTC)
G. Other policies

II. Policy Provisions, Clauses, and Riders

A. Mandatory and optional provisions
B. Other provisions and clauses
C. Riders
D. Rights of renewability

III. Social Insurance

A. Medicare (Parts A, B, C, D)
B. Medicaid
C. Social Security benefits

IV. Other Insurance Concepts

A. Total, partial, recurrent, 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
L. Cost Containment

V. Field Underwriting Procedures

A. Completing the application
B. Explaining sources of insurability and HIPAA privacy info
C. Initial premium payment and receipt
D. Submitting application to company for underwriting
E. Policy delivery
F. Explaining policy to clients
G. Replacement
H. Contract law

Nevada Specific Accident & Health Content Outline

38 scorable questions, plus 5 pretest questions. 

I. Nevada Statutes and Codes Common to Life, Health, Property, and Casualty Insurance

A. Insurance Commissioner
B. Definitions
C. Licensing
D. Marketing practices
E. Nevada Life & Health Insurance Guaranty Association

II. Nevada Statutes and Codes 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 Codes Pertinent to Health Insurance Only

A. Mandatory policy clauses and provisions
B. Availability of coverage for mental health and treatment of alcohol abuse/drug abuse
C. Coverage for reconstructive surgery
D. Hospice care
E. Medicare
F. Long Term Care

Nevada Property and Casualty License Exam

Below you can find the content outline offered by Pearson VUE.

You should use this outline as a checklist when working through your pre-license education course in order to ensure that you haven’t missed any topic that you will be tested on later.

Property General Knowledge Content Outline

50 scorable answers plus 5 pretest questions.

I. Types of Policies

A. Homeowners
B. Dwelling policies
C. Commercial lines
D. Inland marine
E. National Flood Insurance Program
F. Others

II. Insurance Terms and Related Concepts

A. Insurance
B. Insurable interest
C. Risk
D. Hazard
E. Peril
F. Loss
G. Loss Valuation
H. Proximate cause
I. Deductible
J. Indemnity
K. Limits of liability
L. Coinsurance/Insurance to value
M. Occurrence
N. Cancellation
O. Nonrenewal
P. Vacancy and Inoccupancy
Q. Liability
R. Negligence
S. Binder
T. Endorsements
U. Blanket vs. Specific

III. Policy Provisions and Contract Law

A. Declarations
B. Insuring agreement
C. Conditions
D. Exclusions
E. Definition of the insured
F. Duties of the insured
G. Obligations of the insurance company
H. Mortgagee rights
I. Proof of loss
J. Notice of claim
K. Appraisal
L. Other Insurance Provision
M. Subrogation
N. Elements of a contract
O. Warranties, representations, and concealment
P. Sources of underwriting information
Q. Fair Credit Reporting Act
R. Privacy Protection (Gramm Leach Bliley)
S. Policy Application
T. Terrorism Risk Insurance Act (TRIA)
U. Territory

Nevada Specific Property Content Outline

32 scorable answers plus 5 pretest questions.

I. Nevada Statutes and Codes Common to Life, Health, Property, and Casualty Insurance

A. Insurance Commissioner
B. Definitions
C. Licensing
D. Marketing practices
E. Nevada Insurance Guaranty Association (NIGA)

II. Nevada Statutes and Codes Common to Property & Casualty Insurance

A. Cancellation and nonrenewal of policies
B. General rate standard and regulation
C. Countersigning of policies
D. Surplus lines
E. Payment of motor vehicle physical damage claims
F. Binders
G. Motor vehicle physical damage appraiser

III. Nevada Statutes and Codes Pertinent to Property Insurance Only

A. Inland Marine and Transportation
B. Property insurance defined
C. Property insurance contracts

Casualty General Knowledge Content Outline

50 scorable questions, plus 5 pretest questions.

I. Types of Policies, Bonds, and Related Terms

A. Commercial general liability
B. Automobile: personal auto and business auto
C. Workers Compensation Insurance, Employers Liability Insurance and Related Issues
D. Crime
E. Bonds
F. Professional liability
G. Umbrella/Excess Liability
H. Businessowners Policy (BOP)

II. Insurance Terms and Related Concepts

A. Risk
B. Hazards
C. Indemnity
D. Insurable interest
E. Loss valuation
F. Negligence
G. Liability
H. Occurrence
I. Binders
J. Warranties
K. Representations
L. Concealment
M. Deposit Premium/Audit
N. Certificate of Insurance
O. Law of Large Numbers
P. Pure vs. Speculative Risk
Q. Endorsements
R. Damages
S. Compliance with provisions of Fair Credit Reporting Act

III. Policy Provisions

A. Declarations
B. Insuring agreement
C. Conditions
D. Exclusions and Limitations
E. Definition of the insured
F. Duties of the insured after a loss
G. Cancellation and nonrenewal provisions
H. Supplementary payments
I. Proof of loss
J. Notice of claim
K. Arbitration
L. Subrogation
M. Loss settlement provisions including consent to settle a loss
N. Terrorism Risk Insurance Act (TRIA)

Nevada Specific Casualty Content Outline

39 scorable questions, plus 10 pretest questions. 

I. Nevada Statutes and Codes Common to Life, Health, Property, and Casualty Insurance

A. Insurance Commissioner
B. Definitions
C. Licensing
D. Marketing practices
E. Nevada Insurance Guaranty Association (NIGA)

II. Nevada Statutes and Codes Common to Property and Casualty Insurance

A. Cancellation and nonrenewal of policies
B. General rate standard and regulation
C. Countersigning of policies
D. Surplus lines
E. Payment of motor vehicle physical damage claims
F. Binders
G. Motor vehicle physical damage appraiser

III. Nevada Statutes and Codes Pertinent to Casualty Insurance Only

A. Automobile insurance
B. Casualty contracts
C. Workers compensation

How to Pass the Nevada Insurance Exam

Passing your Nevada insurance exam ultimately comes down to your mindset and degree of preparation.

We have composed a few helpful exam tips and tricks that should help you perform as well as you can during your exam day.

Get a Pre-License Course

Even though this is not a requirement in the state of Nevada, getting a pre-license course can be incredibly beneficial. These courses can help you get accustomed to the extensive amount of content that you will have to memorize.

We recommend ExamFX’s course because it offers a variety of helpful features, including:

• More course options than any other provider
• Impressive 93% overall licensing exam pass rate
• Generous money-back guarantee

Make Enough Time to Study

Not leaving enough time to prepare is one of the easiest ways to ensure that you do not pass your exam on your first attempt.

Remember, there are zero questions on your exam that are based on common sense or critical thinking. All questions are purely factual, and so will relate to how well you understand and remember the content that you have learned.

We recommend allocating around one to two weeks to prepare for your exam, as this should allow you to go through all of the material at least twice.

Control Test Anxiety

Even though you cannot control whether you get exam anxiety or not, you can take a few steps when preparing to limit its effect on your performance:

• Establish a consistent pretest routine — Acclimate yourself to exam conditions by following a specific routine on each practice exam at home. This should help you feel less anxious during your exam day.
• Get plenty of sleep — Lack of sleep can exacerbate your anxiety and increase your self-doubt. Make sure you are consistently getting a good night’s sleep in the week leading up to your exam.
• Study effectively — This sounds obvious, but make sure you are actually tailoring your studying to the exam that you are taking. Remember, there are no critical thinking or common sense questions involved.
• Arrive early — If you are planning to sit your exam in person, we recommend you arrive at least 30 minutes before it’s due to start in order to get used to your surroundings and have time to check in with your center’s administrator.

Getting Your Nevada Insurance License

Your next steps will depend on whether you actually passed your exam, as well as on whether you plan to get licensed for any additional lines.

You can apply for your license up to 12 months after you complete your exam, so if you would like to attempt passing additional insurance line exams before filing your licensing application, you are totally free to do that.

After you have passed your insurance licensing exam, you will need to:

• File your licensing application
• Complete a fingerprint and background check within 90 day of filing
• Wait for your application to be reviewed

Nevada Department of Insurance Contact Information

Mailing Address:

Nevada Division of Insurance
1818 East College Parkway Suite 103
Carson City, Nevada 89706

Phone: (775) 687-0700

Fax: (775) 687-0797

Email: tlyons@doi.nv.gov

Website: http://doi.nv.gov/

License Search: Nevada Insurance License Search and Lookup