Nebraska Insurance Exam Cheat Sheet
Unlock the official Nebraska Life & Health exam cram sheet to master key state regulations, policy definitions, and exam-day metrics. Or, start with our free Nebraska practice questions to test your knowledge.
What's Covered on the Nebraska Life & Health Exam
Key exam lines — know what each one tests
Life Insurance Line
- Term, Whole, Universal & Variable Life policies
- Annuities (fixed, variable, immediate, deferred)
- Beneficiary designations & settlement options
- Policy riders: waiver of premium, AD&D, COLA
- Replacement rules & suitability requirements
- Grace period: 1 Month / 30 Days | Free-look: 10 Days (30 Days)
Health Insurance Line
- Individual & group health, HMO, PPO, EPO, POS plans
- Medicare Parts A, B, C, D & Medigap supplements
- Medicaid & CHIP eligibility rules
- COBRA, HIPAA, ACA & continuation provisions
- Disability income: STD & LTD elimination periods
- Grace periods: 7 / 10 / 31 days by premium mode
Download Your Free Nebraska Cram Sheet
A 3-page PDF packed with the highest-yield facts for the Nebraska Life & Health licensing exam. Enter your email to get instant access.
Get the Free PDF
Instant download, no spam

Frequently Asked Questions
Q:How many questions are on the Nebraska insurance exam?
The combined Nebraska Life and Health insurance exam contains 150 multiple-choice questions. You have 2 hours and 30 minutes (150 minutes) to complete the exam.
Q:What is the passing score for the Nebraska insurance exam?
To pass the Nebraska insurance licensing exam, you must achieve a score of 70% or higher (at least 105 out of 150 correct answers).
Q:How much does the Nebraska insurance exam cost?
The exam fee is $63 per attempt, paid directly to PSI Services LLC when scheduling your examination.
Q:How long do I have to complete the Nebraska insurance exam?
You have 2 hours and 30 minutes (150 minutes) to complete the combined Life and Health exam in Nebraska.
Q:What happens if I fail the Nebraska insurance exam?
If you do not pass, you can reschedule your exam after a 24-hour waiting period. You must pay the $63 exam fee for each retake attempt.
Q:Do I need pre-licensing education for a Nebraska insurance license?
No. Nebraska does not mandate classroom pre-licensing education hours prior to taking the exam. However, comprehensive self-study with realistic practice exams is essential to pass.