How To Become An Insurance Agent In Maine

How to Become an Insurance Agent in Maine

Getting your insurance license is the first step to becoming an insurance agent in Maine. 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 Maine.

How To Get Your Insurance License In Maine


Step 1

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:

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

Step 2. Insurance Pre-Exam Education


After you’ve determined which licenses you need, it’s time to begin studying for the Maine insurance exams.

Maine does not require you to take a certain amount of pre-license credits before testing. This means that studying for your exam is 100% up to you.

Most folks choose to take an insurance pre-license course online. These courses are created specifically to give you the skills you need to pass the test. Others purchase books or other self-study tools to prepare themselves.

It’s wise to take a week or so to dedicate to your study of this exam. If you don’t feel as though you’re a strong test taker, take a little longer, but don’t let it drag out for long. We want you to pass your test the first time you take it, and we know that you can do it.

Recommended

For insurance license exam courses and study tools, StateRequirement recommends:



Step 3

Step 3. Maine 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, Accident, & Health (LA&H) and Property & Casualty (P&C) lines are combined tests in Maine, so you will take two exams if you wish to attain all of these lines of authority: Property, Casualty, Life, Accident & Health.

This is a proctored test, which means that you will be in a controlled environment with a person watching over 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 $77 (one exam per combined lines of authority). When you show up you must have a photo ID any other documents that the testing facility has asked you to bring.

The Life, Accident, and Health test consists of one hundred (136) questions. The test is broken down into two (2) sections: General Knowledge and Maine Specific. Pearson Vue offers a copy of the Maine Life, Accident, and Health Exam Outline.

The Property and Casualty test consists of one hundred forty (140) questions. The test is broken down into two (2) sections: General Knowledge and Maine Specific. Pearson Vue offers a copy of the Maine Property and Casualty Exam Outline.

To explain the scoring of this exam, we will quote the Pearson Vue Maine Insurance Licensing Candidate Handbook:

Scaled Score

The passing score of an examination was set by the Maine Bureau of Insurance (in conjunction with Pearson VUE) after a comprehensive study was completed for each examination. Raw scores are converted into scaled scores that can range from 0 to 100. To avoid misuse of score information, numeric scores are only reported to fail 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.

Pearson Vue

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 Maine Insurance page.



Step 4

Step 4. License Application


Once you have completed your exams, you are now ready to apply for your license. 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 $25, and NIPR will charge a $5 transaction fee for a total of $30. If you wish to add another line to your license at a later date, you will need to pay the same fee as the original.

You must wait 24-48 hours after passing the exam to fill out the application. This will allow the system to offer you the correct lines of authority to apply for.

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



Step 5

Step 5. 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 initiated by the application 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.

A day after submitting your application, call the licensing department (207-624-8475) and ask them for your license number and access code. If there aren’t any problems, your license should be issued. You will receive a hard copy in the mail within a few weeks.


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.







Maine Department Of Insurance Contact Information

Mailing Address:

Maine Bureau of Insurance
#34 State House Station
Augusta, Maine 04333-0034

Phone: (207) 624-8475

Fax: (207) 624-8599

Email: [email protected]

Website: http://www.maine.gov/pfr/insurance/




Information on this page has been gathered by a multitude of sources and was most recently updated in October 2019.

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.