This licensing information is designed to provide a summary of the Alaska insurance license requirements established by the Alaska Division of Insurance. We recommend you contact the Alaska Division of Insurance for more detailed information or changes.
Step 1: Complete an Alaska insurance pre-licensing course
To sell insurance in Alaska, you must complete an approved pre-licensing education course. All insurance pre-licensing courses provided by Insurance License Express are approved by the Alaska Division of Insurance.
Once you have completed your Alaska pre-licensing insurance course, you will receive a Certificate of Completion. The course is valid for one year from your date of completion. Within one year of completing the course, you must pass your Alaska insurance license exam.
Step 2: Pass an Alaska insurance licensing exam
Make an exam reservation
Your state licensing exam is provided by Pearson VUE. When you make your reservation for the exam, you will be required to pay the exam fee using a credit card, debit card, voucher, or electronic check. You can make an exam reservation online or by phone:
- Online: Visit http://www.pearsonvue.com/ak/insurance. Make your reservation at least 24 hours before your desired exam date, or 5 days prior to your desired date if you plan to pay by electronic check.
- Phone: Call (800) 274-5993. Be prepared to provide the name of the exam and your preferred test date and test center location when you make your reservation.
What to bring to your exam
You are required to bring two forms of current signature identification, including:
- A primary ID, such as a driver’s license, passport, or military ID that contains a photograph and signature. The ID cannot be expired.
- A secondary ID, such as a debit or credit card that contains your signature and has not expired.
You should arrive at your test center 30 minutes prior to the exam so that you have plenty of time to verify your identification and have your photograph taken for the score report. However, please remember that you are not allowed to study in the test center. You will be given the opportunity to take an exam tutorial that will not reduce your exam time.
Alaska insurance license exam format
- Each major line exam is given in a multiple-choice format.
- The exam consists of a general section that covers basic insurance product knowledge and a state section that covers the insurance laws, regulations, rules, and practices of Alaska.
- The passing score required on the exam is 75. As soon as you complete the exam, you will receive your score report that indicates whether you passed or failed. Should you fail, you will receive a report that shows your numeric score and provides you with diagnostic and re-testing information.
Note: Each exam includes a mix of “pretest” questions and scored questions. The pretest questions are not identified throughout the exam, and the answers may not have been discussed in your education course. Answers to pretest questions will not affect your score.
Step 3: Have your fingerprints documented
You must have your fingerprints documented if you are taking the Alaska insurance exam for the first time. You may have your fingerprints taken at the Anchorage testing center. If you are taking the exam at another location, contact your local department of Public Safety to find out where you can go to be fingerprinted.
Step 4: Apply for an Alaska insurance license
Once you have passed the exam, apply for your Alaska insurance license by completing an application at http://www.nipr.com.
For more information regarding Alaska insurance license requirements, contact the Alaska Division of Insurance.
Securities License Requirements
Any securities professional associated with a member firm-including partners, officers, directors, branch managers, department supervisors, and salespersons-must register with the Financial Industry Regulatory Authority (FINRA). The registration application requires information about the individual's prior employment and disciplinary history. FINRA prescribes two levels of qualification and registration:
Registered representatives, generally sales personnel
Principals, generally officers of the firm and other management personnel involved in the day-to-day operation of the firm's investment banking or securities business