Oregon Life, Accident & Health Insurance License Practice Exam
150 questions (Series 12-03), 160 min. 70% to pass. Fingerprinting on exam day at PSI site ($61.25). 20-hr pre-licensing required. Bring certificate + 2 IDs. CE: 3 hrs OR statutes required.
Oregon Life, Accident & Health — Study by Topic
Drill Oregon state law (ORS 731-750, OAR 836) or practice general L&H concepts. 150 questions (Series 12-03), 160 min. Fingerprint same day at PSI. Bring 2 IDs + certificate.
Life Insurance
Term, whole life, universal life, variable, annuities, Annuity Best Interest, riders, nonforfeiture, settlement options, beneficiaries, viatical/life settlements, Oregon-specific rules.
Health & Accident
Individual/group health, disability income, LTC (8-hr initial + 4-hr refresher each period), Medicare supplement (A–N), COBRA, ACA, HMOs, dental.
Oregon State Law
DFR, Commissioner appointed, 20-hr pre-licensing, same-day PSI fingerprinting, 1-yr score validity, CE 3 hrs OR statutes + 3 ethics, E&O required, $45 renewal, OR L&A/H Guaranty.
Policy Provisions
Contract law, insurable interest, grace period, incontestability, entire contract, misstatement of age, taxation, qualified plans, HSA/HRA, ORS 742 policy provisions.
🌟 Full OR L&H Exam
150-question timed exam simulating the PSI Oregon Series 12-03 combined Life, A&H exam. 160 minutes. 70% to pass. Same-day PSI fingerprinting. 3-hr OR statutes CE required. E&O required.
About the Oregon Life, Accident & Health Insurance License Exam
To get your Oregon Life & Health insurance license, you must pass the state licensing exam administered by PSI Services LLC with a passing score of 70%. Exam fee: $45–$55. Oregon is regulated by the Oregon Division of Financial Regulation (DFR) under Oregon Revised Statutes Title 56 (Chapters 731–750). Visit dfr.oregon.gov for official licensing information. Same-day PSI fingerprinting on exam day ($61.25 — paid at PSI site); TWO forms of ID + pre-licensing certificate required; 3 hours Oregon statutes CE (unique — beyond ethics); E&O insurance required; one license covers all lines once acquired; 20-hr pre-licensing per line; Commissioner appointed; 350 Winter Street NE, Salem, OR.
Pre-licensing education in Oregon: 20 hours per line (40 hours combined L&H). Continuing education: 24 hours + 3 ethics + 3 hours Oregon statutes biennial. License renewal fee: $45/line biennial. CE must be completed before submitting your Oregon renewal application. How to get licensed in Oregon: complete pre-licensing → submit background check/fingerprinting → pass PSI Services LLC exam → apply for Oregon producer license.
How to get a Oregon Life & Health insurance license in 2026: The Oregon Division of Financial Regulation (DFR) (dfr.oregon.gov) administers all producer licensing in Oregon. Exam: PSI Services LLC, $45–$55, 70%. Pre-licensing: 20 hours per line (40 hours combined L&H). Once licensed, maintain your Oregon Life & Health license by completing 24 hours + 3 ethics + 3 hours Oregon statutes biennial and paying the $45/line biennial renewal. For questions contact the Oregon Division of Financial Regulation (DFR).
DFR (dfr.oregon.gov). ORS Title 56 (Ch. 731-750). Commissioner appointed. Same-day PSI fingerprinting ($61.25 at test site). TWO forms of ID + certificate. 20-hr pre-licensing per line. 3 hrs Oregon statutes CE (beyond ethics). E&O required.
Frequently Asked Questions — Oregon Life, Accident & Health Exam
How do I get a Oregon Life & Health insurance license?
To become a licensed Life & Health producer in Oregon: (1) Complete any required pre-licensing education (20 hours per line (40 hours combined L&H)); (2) Submit your application and complete the background check/fingerprinting process; (3) Pass the PSI Services LLC exam ($45–$55, 70%); (4) Apply for your Oregon producer license. The Oregon Division of Financial Regulation (DFR) (dfr.oregon.gov) oversees all insurance producer licensing in Oregon.
What exam does Oregon use for Life & Health insurance licensing?
Oregon uses PSI Services LLC to administer the Life & Health insurance licensing exam. Fee: $45–$55. Passing score: 70%. Same-day PSI fingerprinting on exam day ($61.25 — paid at PSI site); TWO forms of ID + pre-licensing certificate required; 3 hours Oregon statutes CE (unique — beyond ethics); E&O insurance required; one license covers all lines once acquired; 20-hr pre-licensing per line; Commissioner appointed; 350 Winter Street NE, Salem, OR.
Does Oregon require pre-licensing for Life & Health insurance?
20 hours per line (40 hours combined L&H). For official pre-licensing provider information, visit dfr.oregon.gov.
What are Oregon's CE requirements for Life & Health producers?
Oregon requires: 24 hours + 3 ethics + 3 hours Oregon statutes biennial. Renewal fee: $45/line biennial. CE must be completed before submitting the renewal application. Contact the Oregon Division of Financial Regulation (DFR) at dfr.oregon.gov for CE provider information.
What makes Oregon unique for Life & Health insurance licensing?
Same-day PSI fingerprinting on exam day ($61.25 — paid at PSI site); TWO forms of ID + pre-licensing certificate required; 3 hours Oregon statutes CE (unique — beyond ethics); E&O insurance required; one license covers all lines once acquired; 20-hr pre-licensing per line; Commissioner appointed; 350 Winter Street NE, Salem, OR.
Practice Exam Questions — Oregon Life & Health
5 state-specific questions drawn from the Oregon exam content outline. Correct answer highlighted in green.
Oregon L&H fingerprinting is unique because:
- Done via Fieldprint before applying
- Done via IdentoGO after passing
- Oregon fingerprinting is done AT the PSI test center on exam day — candidates pay $61.25 at the test site; unique timing in the portfolio; only Oregon and Louisiana fingerprint at PSI on exam day
- No fingerprinting required in Oregon
Oregon requires TWO forms of ID plus what additional document at the exam center?
- A social security card
- A notarized letter from the DFR
- The pre-licensing Certificate of Completion — Oregon requires TWO forms of government-issued ID plus the pre-licensing certificate at the exam center; shared with Connecticut
- An E&O insurance certificate
Oregon CE uniquely requires:
- 24 hours + 3 ethics biennial, same as most states
- 24 hours + 3 ethics + 3 hours Oregon Statutes biennial — the 3-hour Oregon Statutes requirement is unique; beyond standard ethics, Oregon requires dedicated CE hours for state statutes; E&O insurance also required for active producers
- 30 hours triennial
- 16 hours biennial
Oregon E&O insurance requirement:
- E&O is recommended but not required
- Oregon REQUIRES active insurance producers to maintain E&O insurance — unique in the portfolio; most other portfolio states recommend but do not mandate E&O; producers must maintain proof of coverage
- E&O is only required for surplus lines brokers
- E&O is required only for producers with more than 10 clients
Oregon's primary insurance statute is:
- Oregon Revised Statutes Title 12 — Property
- Oregon Revised Statutes Title 56 — Insurance (Chapters 731-750); DFR (Division of Financial Regulation within DCBS) at dfr.oregon.gov; 350 Winter Street NE, Salem OR 97301; Commissioner appointed
- Oregon Administrative Rules Chapter 836
- Oregon Revised Statutes Chapter 30 — Civil Liability