What can I do with a Property & Casualty Producers License?
Often referred to as a "P & C" license. Property Licensees are allowed to sell homeowners, commercial property, and inland marine policies in the state(s) they are licensed in. Casualty Licensees are allowed to sell auto insurance, workers' compensation, crime coverage, and professional liability policies in the state(s) they are licensed in. (The requirements for insurance licensing vary from state to state.) Visit the State of Michigan Department of Insurance and Financial Services (DIFS) website www.michigan.gov/difs or check with your company to ensure you are obtaining the correct license.
What can I do with a Life Insurance license?
Life Insurance Licensees are authorized to sell life insurance policies (Term and Permanent Fixed products) and Fixed annuities policies. (The requirements for insurance licensing vary from state to state. Visit the state of Michigan Department of Insurance (DIFS) website or check with your company to ensure you obtain the correct license.)
What can I do with a Health Insurance License?
Health Insurance Licensees can sell medical, disability, Medicare supplement, and long-term care policies. (The requirements for insurance licensing vary from state to state. Visit the Michigan Department of Insurance (DIFS) website or check with your company to ensure you obtain the correct license.)
What education package is best for me?
At Michigan School of Insurance, we know that there's no one-size-fits-all solution for preparing for your licensing exam. You know you. That's why we offer various options to fit your lifestyle and schedule. Compare our study packages of Live In Person, Zoom Online, OR Self Study options. Please do not hesitate to contact us for further guidance.
Do I need to study before class?
Requirements vary by state and each state may require additional study hours beyond the live class you are scheduled for. Remember our course content is designed to help you pass the state licensing exams and not teach you the entire insurance industry. Our instructors assume students are not hearing and seeing the material for the first time when class begins. Also by studying the content prior to the actual course it will allow you to enhance your learning experience with greater ease.
How do I know what is on the actual state exam?
You technically will not know the exact questions on the exam. Be careful not to memorize questions but understand the concepts. The test provider PSI Exams (See Exam Content Outline under the "Exam Process" tab on our website) publishes an exam content outline that contains a list of the exam subjects used to develop the test questions. The actual questions that appear on the state exam are not available to a candidate, or to any test provider.
Is it difficult for me to pass the state exam? How long does this process usually take?
These exams are not overly difficult (if you prepare and study) BUT not overly easy as well. Exam preparation time varies greatly, from a few weeks to several months. Candidates may take longer or shorter, depending on their education level, experience in the industry, and other time commitments (e.g., full-time job, family commitments, etc.). Our goal is to help you minimize this time commitment. We emphasize creating a plan of action to pass the exam. If you prepare, study, and plan we are confident this will translate into successfully passing the actual state exam.
Is the Michigan School of Insurance exam prep content approved by the State of Michigan?
Yes! All of the Michigan School of Insurance prelicensing content and courses are submitted and approved by the state of Michigan.
How long do I have access to the online course content?
You have 120 days of access to online insurance study tools starting from the date you purchased them. If you require additional time please reach back out to us.