Missouri Life Insurance License

Are you looking to obtain your Missouri Life Insurance License?

If you are searching for information about how to pass the MO Life Insurance Producer exam, you have come to the right place. As you will see, this page is the #1 resource for everything you need to know about how to pass this exam and obtain your Missouri Life Insurance License. My name is Scott Schultze, and I am the director of insurance licensing content here at PassMasters. For over 20 years, my family has been teaching people in Missouri how to get their insurance licenses.

In addition to the excellent information found on this page about passing this exam, there is also a bunch of free exam prep study materials that will help you pass this test.

Read on to find answers to the most commonly asked questions related to taking this exam. Do you have a question that isn’t answered below? If so, submit it to us on our Contact Us page and we will get right back to you and add your question to this page. If you have been studying to pass this exam and just aren’t getting it, or have taken the exam and failed, we can help. You can sign up with us here.

Missouri Life Only Exam Prep with Scott

Who gives the Missouri life insurance license exam?

Since insurance is regulated by state law, it is the Missouri Department of Insurance, who decides who administers the insurance licensing exam in Missouri. Did you know, in some states the insurance exam is actually given by the Department of Insurance itself? Well, not in Missouri. In MO, the Insurance Department has secured Pearson VUE, which is an IT service management company that has secured many state insurance license exam contracts throughout the nation. Pearson VUE also administers licensing exams for many other professions in MO.

It is Pearson VUE that comes up with the exam questions you will encounter on your life licensing exam. Essentially, Pearson VUE administers the entire insurance license exam process for Missouri, on behalf of the Department of Insurance.

Pearson VUE Missouri Insurance Licensing Candidate Handbook

Pearson VUE - Insurance Exam Provider

What types of insurance can I sell with a Missouri Life insurance license?

Once you obtain your license you will be able to sell fixed life insurance products, such as fixed life insurance and annuities.

What is the Missouri Life Insurance Producer Exam Code?

You will need to know this information when you schedule your test. Here it is:


How many questions are on the life insurance exam in Missouri?

There are 105 questions total on the MO Life Insurance Producer licensing exam. The exam is made up of two parts as follows:

Part 1 – General Knowledge 50 scoreable questions plus 10 pretest questions

Part 2 – State-Specific Content (Missouri Insurance Regulations) – 40 scoreable questions plus 5 pretest questions

What is a pretest question? Well, before Pearson VUE can consider a test question statistically valid, they must test it out using the test takers (you) as a guinea pig. If everyone gets the answer right, or wrong, the question is deemed invalid and is not used any further.

You WILL NOT know which questions are pretest questions. However, they do not count towards your score. They are usually related to newer laws and concepts, so if you see a question out of left field, just assume it is a pretest question, do your best, answer it, and move on.

View the Missouri Life Insurance Exam Outline

What is the time limit for the exam?

The exam has a 2-hour time limit. This breaks down to a little over one minute per question, which should be more than enough time. We have never had a study run out of time. However, it’s not a race. If you go too quickly you are guaranteed to miss a question or two simply because you misread it. Take your time and read the entire question before you look at any answers. There are no scheduled breaks during this exam, however, if you need to use the bathroom, or get a drink, do it!

How much does it cost to take the MO Life Insurance License exam?

The exam is $29. Keep in mind that if you fail, you must pay the $29 fee again. The fee is a one-time test-taking fee and must be paid each time the exam is taken.

What is the minimum score required to pass?

The minimum score required to pass is 70%.

How long will it take for me to find out if I passed my exam?

Once you have completed your exam, the proctor will inform you shortly thereafter by printing out and presenting you with your official score report. You will NOT be informed which questions you answered correctly, or incorrectly. If you do not pass, make sure to keep this report, as it will give you insight into those areas you will need to focus on as you continue your studies.

What will the Missouri Life Insurance Producer insurance exam questions look like?

All Missouri insurance exams are multiple-choice and delivered via computer. The questions you will encounter on the life exam in Missouri are pulled for each individual test-taker by Pearson VUE from their databank of thousands of questions. In other words, each exam is different and created for each individual test taker.

This is why it is so important to understand the concepts found in the exam outline to successfully answer any question you encounter on the exam. Below you will find a few sample life producer exam questions pulled directly from our Missouri life insurance exam prep course, which are similar to those you will encounter on the exam:

Life Sample Questions:

Ralph Macchio owns a 30-pay life policy that he purchased at the age of 30. The cash value will equal the face amount of the policy when he reaches the age of:

A. 60
B. 30
C. 70
D. 100

Answer: D
Explanation:  Limited-pay life insurance policies such as life paid up at 65, or 20-pay life are simply variations of whole life policies. The cash value will equal the face amount of the policy (at least) at the maturity of the policy, which is always age 100 on whole life policies. These limited-pay policies are designed so that the insured may pay his or her premiums faster and be paid up at a certain age. However, just because the premiums are paid up doesn’t mean the policy has matured.

Dividend projections may be included in a proposal for life insurance when which of the following is true?

A. The applicant has requested that they are included
B. There is a clear statement that payment of future dividends is not guaranteed
C. The projected amounts are calculated based on the Commissioners Standard Ordinary Mortality Tables
D. The projected amounts do not exceed the dividends previously paid by the same insurance company

Answer:  B
Explanation:  Dividends MAY be paid to policyholders of a mutual insurance company, such as Mutual of New York. Dividends are considered to be a return of an overpayment by the IRS and, therefore, are not taxable. Although a company may state its past dividend history in a proposal, it is illegal to guarantee future dividends, since they might not occur.

How do I study to PASS my MO Life test?

It’s a pretty straightforward process really. Over the past 20 years, we have helped thousands of people do it. In our life exam prep course, you will find a 7-day study plan which will have you ready to pass your exam in only seven days.

The formula you will follow is to read a pdf section of our Missouri insurance exam study guide, watch an instructor teach you the content in the section, watch a key fact video review and then complete a section review practice exam. You will complete each section in the course in this manner until you reach the course’s final exam. Pass the final exam with a 90% or better and you are ready to go!

Are you ready to pass? Find out really quickly by taking one of our free Missouri life insurance practice exams here and check out feedbac

“Your program is excellent! I took the test and scored a 91. The proctor looked at my exam and was a little shocked at the score. I told him I had hoped to do better but he said that it was excellent. In all the years he had been proctor he had never seen anyone score higher than a 94. This is directly attributable to your program and its proven structure. I would advise anyone to follow your program to the letter. It works! Now I am going to choose a company and start marketing insurance products.”


MO Life Insurance Student

How do I schedule my Life Insurance Producer insurance exam in Missouri?

You can schedule your exam with Pearson VUE online at https://home.pearsonvue.com/mo/insurance or by calling them at 1-866-274-4740.

Pro tip: Make sure to schedule your exam well in advance of completing our course so you can make sure to get the date and time you want at the test center of your choice. Pearson VUE encourages candidates to make their exam reservation at least twenty-four (24) hours in advance. We recommend even further in advance. Keep in mind exam testing fees are not accepted at the test center.

Where is the Missouri life insurance license exam given?

Pearson VUE has many testing locations throughout Missouri. Regardless of which one you choose to take your exam at, Pearson VUE recommends you arrive at the testing center at least 30 minutes before your scheduled exam so you can check-in. You should also be aware the testing center is a very serious place. They may make you empty your pockets and put all your personal belonging in a locker in the waiting room before you enter the testing room.

What happens if I fail my insurance exam?

Nothing. Keep in mind, that neither your score on your Missouri life insurance license exam nor how many times it takes you to pass is an indication of how great you are going to be at this job.

If you do fail, you must wait one day before scheduling a reexamination. There is no limit to the number of times a candidate can take an exam. However, a new testing fee must be paid for each exam retake ($29).

It is also important for you to know the next time you take the exam you may not see any of the same questions you encountered before. Pearson VUE has thousands of questions in their databank, so it is unlikely you will see many of the same questions upon a second attempt at the exam. This is why it is so important to understand the concepts vs. memorizing questions and answers. Do you need help passing this exam? We have an excellent course where your success is guaranteed. You can view our Missouri Insurance Exam Prep courses here.

Sample Life Insurance exam prep course videos:

Our course was created for someone who has NO insurance background at all! Using our 7-day study plan, you will start building an insurance definition-based foundation that will have you ready to answer all your exam questions correctly by the end of the course. Our course is highly video-based. Come on insurance is boring enough, but our instructor Scott makes it easy to understand. Sample course videos below:

Additional FREE Insurance Exam Prep Videos:

We also post insurance exam prep videos on our YouTube page to help those people that may need some additional help while studying for their Missouri Life Insurance License exam. You can find our page here and see some samples below: