Life Producer (exam code InsMS-Life01)

The Mississippi life insurance exam.

The Mississippi life insurance exam is 60 scored questions, about 10 unscored pretest questions, in 120 minutes, passing at 65%, $50 per attempt, administered by Pearson VUE. We sell study materials and practice exams for it, written from the official Mississippi outline. The first questions are free, and the full License Pass is $149, yours until you pass. Below are the licensing steps, exactly what the exam covers, and free practice questions written to this state's outline.

At a glance

ExamLife Producer (exam code InsMS-Life01)
Scored questions60
Pretest questionsabout 10 (unscored)
Time limit120 minutes
Passing score65% (percentage-correct; 65% applies to Life, A&H, and combined LAH exams; all other MS exams require 70%)
Exam fee$50
Testing vendorPearson VUE
Retake rulesMust wait 1 day before scheduling a reexamination at a test center (unlimited test-center attempts). OnVUE online testing is limited to 2 attempts with a 14-day wait after a failed first online attempt.
Prelicensing educationrequired, from a state-approved provider

Verified against official Pearson VUE materials, Life outline effective June 7, 2022 (#122501, 12/2024 edition); Candidate Handbook #122500, July 2025. Specs change; confirm when you register.

How to get your Mississippi life insurance license

  1. 1

    Meet the basics

    Be 18 or older and able to pass the background screening. Mississippi handles licensing through the NIPR system like most states.

  2. 2

    Complete the required prelicensing education

    Mississippi requires prelicensing education from a state-approved provider before you can test. Complete it with that provider, keep your completion record, then drill practice questions until the material sticks.

  3. 3

    Book the exam with Pearson VUE

    Register at Pearson VUE, pick a test center or online proctoring where offered, and pay the $50 exam fee.

  4. 4

    Pass the exam

    Walk in knowing the format, 60 scored questions in 120 minutes, passing at 65%. About 62% of first-time life exam takers pass nationally (NAIC, latest published data).

  5. 5

    Apply for the license and get appointed

    Submit the license application (fingerprints where required), then get appointed with carriers so you can write business.

What the Mississippi exam covers

From the official exam outline, each section's share of the exam and how many of the 60 scored questions it earns.

SectionWeightQuestions
Types of Policies25%15 questions
Policy Riders, Provisions, Options, and Exclusions25%15 questions
Completing the Application, Underwriting, and Delivering the Policies20%12 questions
Retirement, and Other Insurance Concepts13%8 questions
Mississippi Life Insurance Laws17%10 questions

Free Mississippi practice questions

Original questions written to the Mississippi outline, the same bank our students drill. Tap a question to check the answer.

Question 1

Marcus buys a 20-pay whole life policy at age 40. When are his premiums scheduled to be complete?

  1. A. At age 60
  2. B. At age 65
  3. C. At his death
  4. D. At age 100
Show the answer

Answer: A

A 20-pay policy requires premiums for 20 years, so starting at age 40 he finishes at age 60 while coverage continues for life. Age 65 would be a paid-up-at-65 design, not a 20-pay. Paying until death describes ordinary whole life. Age 100 is a common maturity age, not the premium-paying period for a 20-pay contract.

Types of Policies > Traditional whole life products (limited-pay life)

Question 2

Which product credits interest based on the performance of a market index like the S&P 500 while guaranteeing the cash value will not lose principal from index drops?

  1. A. Indexed universal life
  2. B. Variable whole life
  3. C. Interest-sensitive whole life
  4. D. Term life
Show the answer

Answer: A

Indexed universal life ties interest crediting to an external index but includes a floor, usually zero percent, that protects against index losses. Variable whole life invests in subaccounts with no such floor, so principal can drop. Interest-sensitive whole life credits a declared interest rate, not an index. Term life has no cash value at all.

Types of Policies outline: indexed life

Question 3

Which type of term life insurance is most commonly used to cover the balance of a home mortgage that gets smaller each year?

  1. A. Decreasing term
  2. B. Level term
  3. C. Return of premium term
  4. D. Annually renewable term
Show the answer

Answer: A

Decreasing term has a death benefit that goes down over time, which lines up with a mortgage balance that shrinks as it is paid off. Level term keeps a constant benefit and does not match a falling balance. Return of premium is about refunds, not a shrinking benefit. Annually renewable term addresses premium renewal, not benefit shape.

Types of Policies > Term life (decreasing term feature)

Question 4

Tom selects a straight life (life only) payout option on his annuity; what happens to remaining funds when he dies shortly after payments begin?

  1. A. Payments continue to his named beneficiary for life
  2. B. The insurer keeps the remaining funds and payments stop
  3. C. His estate receives a refund of all unpaid principal
  4. D. Payments continue for a guaranteed 20 years to his beneficiary
Show the answer

Answer: B

A straight life option pays the largest income but stops at the annuitant's death, so the insurer retains any balance. The first choice describes a joint and survivor option, not life only. The third choice describes a refund or installment refund option. The fourth choice describes a life with period certain option. Straight life offers no survivor or refund guarantee, which is why its payments are highest.

Types of Policies > Annuities (payout options)

Question 5

A joint life (first-to-die) policy pays the death benefit at what point?

  1. A. When the first insured person dies
  2. B. When the last insured person dies
  3. C. When both insured persons die within one year of each other
  4. D. When either insured reaches age 65
Show the answer

Answer: A

Joint life, also called first-to-die, covers two or more people under one policy and pays the death benefit when the first insured dies. Paying at the death of the last insured describes survivorship (second-to-die) coverage, not joint life. There is no rule requiring both deaths within one year. Reaching a certain age does not trigger a death benefit.

Types of Policies > Combination plans and variations (joint life first-to-die)

Take the free Mississippi practice test, every question with the answer and the explanation

Mississippi exam FAQs

How many questions are on the Mississippi life insurance exam?

60 scored questions, plus about 10 unscored pretest questions mixed in, with 120 minutes on the clock.

What score passes the Mississippi exam?

You need 65% to pass.

How much does the Mississippi life insurance exam cost?

The exam fee is $50 per attempt, paid to Pearson VUE. Licensing application and fingerprint fees are separate.

What happens if I fail the Mississippi exam?

Must wait 1 day before scheduling a reexamination at a test center (unlimited test-center attempts). OnVUE online testing is limited to 2 attempts with a 14-day wait after a failed first online attempt. About 62% of first-time life exam takers pass nationally (NAIC, latest published data). Failing once is common, and the fix is drilling the sections your score report names.

Does Mississippi require prelicensing education before the exam?

Yes. Mississippi requires prelicensing education from a provider your state insurance department lists before you can sit for the exam. We sell study materials and practice exams, not prelicensing education, so plan for both, the required education first, then practice here until the exam feels familiar.

What RingReady is, and is not

RingReady sells study materials and practice exams for the life insurance licensing exam. We are not a state-approved prelicensing education provider, and practicing here does not by itself satisfy any state's education requirement.

If your state requires prelicensing education, you must complete it with an approved provider; your state insurance department publishes the approved list. What we do is make sure that when you sit down for the real exam, the questions feel familiar.

Practice the Mississippi exam until it feels familiar.

Practice questions written to every section of the outline above, full timed practice exams matched to the real format (60 questions, 120 minutes), and a mastery map that shows what to study next.

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Take the free Mississippi practice test · How to pass the exam