Free New Jersey Life Exam Practice Test
The New Jersey Life producer exam is given by PSI and covers general insurance concepts, life policies, and New Jersey insurance law and regulation.
83
Scored items (approx.)
210 min
Time limit
70%
Passing score
854
Practice questions
Topics covered on the Life exam
Insurance Regulation
204 practice questions · Regulatory authority, Continuing education, Ethics requirement, License term, …
General Insurance Concepts
75 practice questions · Adverse selection, Law of large numbers, Utmost good faith, Reinsurance, …
Life Insurance Basics
133 practice questions · Insurable interest, Risk pooling, Risk classification, Representations, …
Types of Life Insurance Policies
115 practice questions · Term insurance, Whole life, Universal life, Variable life, …
Life Policy Provisions Options and Riders
135 practice questions · Grace period, Incontestability, Suicide clause, Reinstatement, …
Annuities
112 practice questions · Annuity free look, Annuity purpose, Deferred vs immediate, Fixed vs variable, …
Federal Tax Considerations
80 practice questions · Death proceeds, Cash value growth, MEC, Annuity taxation, …
Practice Test: Life
Answer choices are shuffled every time, and every question comes with an explanation.
Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.
