Oregon Insurance License
The Oregon insurance license exam, in plain numbers.
Everything below is specific to Oregon — the pass mark, the question counts, who runs the exam, and what the state requires before and after you sit it.
What you need to pass in Oregon
| Edition | Scored questions | Correct to pass | Pass mark | Misses allowed |
|---|---|---|---|---|
| Life & Health | 150 | 105 | 70% | 45 |
Administered by PSI Services for the Oregon Division of Financial Regulation. Time limit: 2 hours 30 minutes. Roughly 25 of the scored questions (17%) come from Oregon law — the block national courses cover most lightly.
Prelicensing
20 hours per line of authority under OAR 836-071-0180, so 40 hours for a combined license. The rule specifies 20 hours in basic principles of life insurance and 20 hours in basic principles of health insurance, each covering the duties and responsibilities of a producer and Oregon-related laws. One hour of training is not less than 50 minutes of instruction. Certificates are valid 1 year and must carry a valid school code. ORS 744.067 provides exemptions from the prelicensing education or examination requirement.
Continuing education
24 hours every two years. OAR 836-071-0215 mandates TWO separate components inside that total: at least 3 credit hours on professional ethics for insurance producers AND at least 3 credit hours on Oregon statutes and administrative rules including recent changes. A single course does not satisfy both.
License term
2 years, on the last day of the birth month
Regulator
The Oregon Division of Financial Regulation oversees licensing, headed by an administrator leading the Division of Financial Regulation within the Department of Consumer and Business Services.
Oregon Life and Health Insurance Guaranty Association
If an insurer fails, these are the limits that apply to Oregon policyholders. Verified against the NOLHGA state-by-state table dated 1 June 2025.
| What is protected | Limit |
|---|---|
| Life insurance death benefit | $300,000 |
| Life insurance cash surrender value | $100,000 |
| Hospital, medical, surgical, or major medical | $500,000 |
| Disability income and long-term care | $300,000 |
| Other health insurance benefits | $100,000 |
| Annuity benefits (present value) | $250,000 |
The Study Guide
Written for Oregon, not for everyone.
Every rule explained in ordinary English before the terminology arrives. If two things are easy to confuse, we tell them apart in a sentence. No insurance background assumed.
You get two PDFs: a study guide that teaches the material, and a practice exam whose answer key explains why each answer is right. Printable flashcards, a master sheet of every number worth memorizing, and a four-week study plan are included.
Twisting versus churning. Twisting involves lying to move a customer, usually to a different company. Churning happens inside the same company and is about generating commission. If the question mentions misrepresentation, it is twisting. If it mentions the same insurer, it is churning.
Oregon insurance exam questions, answered
How many questions are on the Oregon insurance license exam?
The combined life and health exam has 150 scored questions. You need 105 correct to pass at 70%, which means you can miss 45.
What is the passing score for the Oregon insurance exam?
70%. That works out to 105 correct answers out of 150 scored questions.
Who administers the Oregon insurance license exam?
PSI Services, on behalf of the Oregon Division of Financial Regulation.
Does Oregon require prelicensing education?
20 hours per line of authority under OAR 836-071-0180, so 40 hours for a combined license. The rule specifies 20 hours in basic principles of life insurance and 20 hours in basic principles of health insurance, each covering the duties and responsibilities of a producer and Oregon-related laws. One hour of training is not less than 50 minutes of instruction. Certificates are valid 1 year and must carry a valid school code. ORS 744.067 provides exemptions from the prelicensing education or examination requirement.
How much continuing education does Oregon require?
24 hours every two years. OAR 836-071-0215 mandates TWO separate components inside that total: at least 3 credit hours on professional ethics for insurance producers AND at least 3 credit hours on Oregon statutes and administrative rules including recent changes. A single course does not satisfy both.
Is there a Oregon life-only or health-only exam?
No. Oregon tests life and health together as one combined exam, so there is no single-line edition.
How much does a Oregon study guide cost?
A single-line guide is $9.99 and the combined life and health guide is $19.99. Each includes a study guide and a practice exam with a full answer key.
These are independent study aids. They are not state-approved prelicensing education courses and do not satisfy any state prelicensing requirement. They are not affiliated with any exam vendor or state insurance regulator. All practice questions are original. We publish no pass-rate claim and make no guarantee of any exam result. Content verified as of August 2026 — confirm current requirements with the Oregon Division of Financial Regulation.