Oregon Insurance License Classes Online

HOW TO OBTAIN AN OREGON INSURANCE PRODUCER LICENSE

Complete the prelicensing course.

• Life Only – 20 hours
• Accident & Health Only – 20 hours
• Life, Accident and Health – 40 hours
• Casualty Insurance – 20 hours
• Property Insurance – 20 hours
• Property and Casualty – 40 hours
• Personal lines – 20 hours

Course requirements:

• Prior to starting the course students must complete the enrollment agreement.
• This is a forced progression (locked) state that requires the student to review each lesson and pass each of the chapter quiz before moving onto the next section/chapter.
• Assessments on key topics throughout the course and must be successfully passed with a minimum score of 70% before moving onto the next chapter.
• Mandatory final exam

Certificate Information:

To be eligible for a Certificate of completion, you must follow several steps:

• Complete the course and pass the final exam with a minimum score of 70%.
• Download and Print certificate through the “Transcript” tile on the user dashboard.
• Certificates are valid for 1 year.

Schedule the Oregon State examination.

• Registration must be completed online on PSI website: https://home.psiexams.com/#/home
• Single line exam fee – $45
• Combination exam fee – $55

Online proctored exams:

• You must check the compatibility of your computer before registering for the exam. https://syscheck.bridge.psiexams.com
• If your computer is not compatible with the online software, you will need to schedule your examination at PSI test center.

Limitation on repeat examinations:

• There are no limitations on retaking the exam.
• You must pass that state exam within the eligibility period of 1 year otherwise you must retake the prelicensing course.

Submit your Fingertips

• The state of Oregon requires fingerprinting.
• Submit fingerprints at a PSI location on the day of testing. PSI Fingerprint Locations and hours
• Fingerprint Fee: $61.25

Pass your state exam

• Take advantage of the cram courses (Prep Review and Exam Simulator) within your prelicensing course during the waiting period.
  • Prep Review Course: This part of the training features content “boiled down to the essence” of the state exam. Chapters have only a few pages of material, but the content must be mastered to pass. Instructionally designed to teach individuals how to pass, most study effort should be invested here. Chapter exams are substantially larger (50+ questions), providing exposure to the types of questions seen on the state exam.
  • Exam Simulator: These special exams are designed to gauge content retention levels. Important: Only take the Exam Simulators after the Prep Review Course has been successfully completed. It ensures these questions will be “fresh in the mind”.
• On the day of testing, you must have the following items:
  • Two forms of identification bearing your signature, one of which must be a valid government issued photo id
  • Valid Certificate(s) of completion – Must be original hard copies displaying the school code.

Apply for license

• Submit license application online through www.nipr.com
• Application fee $75 per line of authority
• In Oregon, all lines of authority are on one license. If you apply for a second “license” before the original license is issued, your second application will fail. For example, PC and LH are all on the same license. If you apply for a PC license first, you should wait until that license is issued THEN apply to add LH. Or apply for all four lines at the same time.
• NIPR verifies exams prior to allowing submission of an application.

PSI Exam Outlines

Producer Licensing Checklist:

Governing Agency

Name: Oregon Division of Financial Regulation
Phone: 503-947-7981
Fax: 503-378-4351
Website: https://dfr.oregon.gov
Address: 350 Winter Street, NE Room 410-3 Salem, OR 97301-3883