Nebraska life line
The Nebraska life insurance exam.
The Nebraska life insurance exam is 100 scored questions, about 5 unscored pretest questions, in 120 minutes, passing at 70 percent, $43 per attempt, administered by PSI Exams. We sell study materials and practice exams for it, written from the official Nebraska outline. The first 20 study questions are free, and the full License Pass is $79, yours until you pass.
At a glance
| Exam | Nebraska Producer's Examination for Life Insurance, Series 13-01 |
| Scored questions | 100 |
| Pretest questions | about 5 (unscored) |
| Time limit | 120 minutes |
| Passing score | 70 percent |
| Exam fee | $43 |
| Testing vendor | PSI Exams |
| Retake rules | You cannot rebook on the day you fail, while results process. You can call the next day and retest as soon as the day after, if a seat is open. Attempts are unlimited until you pass, and each one costs a new $43 fee, which stays valid for 1 year from payment. |
| Prelicensing education | not required for the life line |
Checked against PSI Exams' official materials. Specs change, so confirm them when you register.
How to get your Nebraska life insurance license
- 1
Meet the basics
Nebraska sets its own age, background check and application rules. The Nebraska insurance department lists them, so read them before you book.
- 2
Study the exam outline
Nebraska does not require prelicensing education for the life line, so your preparation is the whole game. Study the official outline below and drill practice questions until every section holds.
- 3
Book the exam with PSI Exams
Register at PSI Exams, pick a test center or online proctoring where offered, and pay the $43 exam fee.
- 4
Pass the exam
Walk in knowing the format, 100 scored questions in 120 minutes, passing at 70 percent. About 57 percent of first-time life exam takers pass nationally (NAIC, 2025 results).
- 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 Nebraska exam covers
From the official exam outline, each section's share of the exam and how many of the 100 scored questions it earns.
| Section | Weight | Questions |
|---|---|---|
| Insurance Regulation | 15 percent | 15 questions |
| General Insurance | 13 percent | 13 questions |
| Life Insurance Basics | 17 percent | 17 questions |
| Life Insurance Policies | 18 percent | 18 questions |
| Life Insurance Policy Provisions, Options and Riders | 18 percent | 18 questions |
| Annuities | 11 percent | 11 questions |
| Federal Taxation of Life Insurance and Annuities | 8 percent | 8 questions |
Free Nebraska practice questions
Original questions written to the Nebraska outline, the same bank our students drill. Tap a question to check the answer.
Question 1Denise lets her Nebraska producer license lapse and wants to sell insurance again after the renewal deadline passes; what is the general consequence of failing to renew on time?
- A. Her license automatically converts to a temporary license
- B. Her appointments transfer to a new producer
- C. She loses her authority to sell until she reinstates or reapplies
- D. She keeps full authority but pays a small late fee only after two years
Show the answer
Answer: C
An expired license means the producer no longer has authority to transact insurance until it is properly reinstated or a new application is filed. There is no automatic conversion to a temporary license. A lapsed license does not preserve full selling authority. Appointments do not transfer to another producer upon lapse.
Question 2A temporary insurance producer license in Nebraska is generally intended to serve what purpose?
- A. To let new applicants sell before taking the licensing exam permanently
- B. To allow business to continue for a limited time, such as when a licensed producer dies or becomes disabled
- C. To replace the need for continuing education
- D. To give nonresidents a permanent way to operate in the state
Show the answer
Answer: B
Temporary licenses cover limited, urgent situations so that a producer's clients and business are not left unserved, such as death, disability, or military service of the licensed producer. It is not a permanent substitute for passing the exam, not a nonresident workaround, and does not waive continuing education duties.
Neb. Rev. Stat. 44-4058 (temporary licensing)
Question 3A producer's license may be denied, suspended, or revoked by the Director for which of the following reasons?
- A. Using fraudulent or dishonest practices in the business of insurance
- B. Selling only one line of insurance
- C. Being appointed by more than one insurer
- D. Charging the filed premium approved for the policy
Show the answer
Answer: A
Fraud and dishonest practices are grounds for the Director to take action against a license. Selling a single line, charging the correct filed premium, and holding appointments with several insurers are all lawful and are not grounds for discipline.
Neb. Rev. Stat. Chapter 44 (grounds for license denial, suspension, revocation)
Question 4Maria decides to install a home sprinkler system and smoke detectors to lessen the chance and severity of fire damage; which method of handling risk is this?
- A. Risk retention
- B. Risk transfer
- C. Risk avoidance
- D. Risk reduction
Show the answer
Answer: D
Taking steps to lower the likelihood or severity of a loss is risk reduction. Avoidance would mean not owning property that could burn at all. Retention means keeping the risk and paying losses yourself. Transfer means shifting the risk to another party, such as an insurer.
Question 5Buying an insurance policy is an example of which method of managing risk?
- A. Risk avoidance
- B. Risk retention
- C. Risk reduction
- D. Risk transfer
Show the answer
Answer: D
Risk transfer shifts the financial burden of a possible loss to another party, and an insurance policy transfers that burden to the insurer. Risk retention means keeping the risk and paying for losses yourself. Risk avoidance means eliminating the risk entirely. Risk reduction lowers the odds or size of a loss but does not shift it to another party.
Take the free Nebraska practice test, every question with the answer and the explanation
Nebraska exam FAQs
How many questions are on the Nebraska life insurance exam?
100 scored questions, plus about 5 unscored pretest questions mixed in, with 120 minutes on the clock.
What score passes the Nebraska exam?
You need 70 percent to pass.
How much does the Nebraska life insurance exam cost?
The exam fee is $43 per attempt, paid to PSI Exams. Licensing application and fingerprint fees are separate.
What happens if I fail the Nebraska exam?
You cannot rebook on the day you fail, while results process. You can call the next day and retest as soon as the day after, if a seat is open. Attempts are unlimited until you pass, and each one costs a new $43 fee, which stays valid for 1 year from payment. About 57 percent of first-time life exam takers pass nationally (NAIC, 2025 results). Failing once is common, and the fix is drilling the sections your score report names.
Does Nebraska require prelicensing education before the exam?
No. Nebraska does not require prelicensing education for the life line, which means how you study is up to you and practice exams carry more of the load.
What RingReady is, and is not
RingReady sells study materials and practice exams for the life insurance licensing exam. We are not a prelicensing education provider on any state's list, and practicing here does not by itself satisfy any state's education requirement.
If your state requires prelicensing education, you must complete it with a provider your state insurance department lists. The department publishes that list. What we do is help the questions feel familiar when you sit down for the real exam.
Practice the Nebraska exam until it feels familiar.
Practice questions written to every section of the outline above, full timed practice exams matched to the real format (100 questions, 120 minutes), and a mastery map that shows what to study next.