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Nebraska Life & Health Insurance Cram Guide

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
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  • Unlimited mock tests
  • Tricky question bank (most commonly missed questions)
  • 500+ Flashcards
  • Progress tracking + pass probability score
  • Priority support

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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.