I passed. the state test today. I started studying January 15th but I was able to dedicate two hours every day except weekends to study. The test is not as easy as the one in the OLT but is not as difficult as the one at the end of the Manual. It has 160 questions, it took me 2hours and 30 minutes but I took it in English and this is not my native language (I have been here only 7 months), so guess an English speaker will be able to do it quicker.
I strongly recommend to review the content of the test before doing it. You can find it online at http://www.pearsonvue.com/fl/insurance/. Thank God I did it early this morning and saw certain subjects that I did not remember having seen neither in the OLT course or in the Manual, like Law of Large Number, Fair Credit Reporting Act and Privacy Protection (Gramm Leach Bliley) (all of them were questions in my test).
I also recommend not to skip (like I wrongly did) the Vocabulary part at the end of the OLT (I guess that near 15 questions out of the 160 question were just concepts).I also had a question about wind mitigation that it was not in the OLT when I study that lesson although Jan told me to study it; so I went to the Manual and did it. It's not a diifcult topic anyway.
Good luck to all of you.
Thanks for the heads up. I will definently keep it in mind.
Do you know if the Pre license Final exam question are from the coarse Quiz ?
Hello,
The Final exam questions are similar to the quiz questions, however they are not allowed to be identical (state rules).
----Sandra King
Tech Support
OnLine Training, Inc.
561-283-0333 OLT office
I just passed as well on my first try. The test, in my opinion, isn't as difficult as I anticipated.
The key to passing is really not getting into the weeds and memorizing every little % of coverage or limit. The key is to understand concepts! Know every definition in that book. Also, pay attention to the last chapter. Know what sliding and churning means. The law of large numbers, fair credit act and privacy protection is a good call out.
What's nice about the test is you can usually eliminate 2 answers immediately that have nothing to do with the 'concept' they're talking about. So know your chapters and concepts within each.
Good luck everybody. Don't be nervous going into it, if you have read the book and understand the basics along with all the definitions you'll do great.
I am actually employed by Nationwide Insurance and manage the Central Florida territory. Essentially, I work with over 40 agencies that are appointed with Nationwide and I manage the portfolio, find new agency partners to appoint with a contract etc.
I'll be doing the 2-15 Life, Health and Variable Annuities next. I think it's important in my role to be licensed and bring more value to my partners.
If I was in your shoes I'd definitely get my 2-15 license. The Baby Boomer Generation has a ton of wealth transfer, Long Term Care needs etc. and life/health would be a revenue stream for you down the road.
Are you trying to catch on with an agency and it's not happened yet? Keep plugging away and going into agencies they're always looking for new producers. My feedback would be to definitely try to find a niche in commercial insurance since personal lines is becoming very commoditized.
Good Luck!
Congrats to all of you already passed the test. Thank you for sharing important info regarding the test.
Thank you for the heads up Sergio Casines Suarez!!