Lhexam

Michigan · State licensing

Pass the MichiganLife & Health insurance license exam.

Michigan's DIFS requires 20 hours per line and uses PSI for testing. The state application fee is the lowest of the top-10 launch states at $10.

Quick facts

Testing vendor
PSI
Passing score
70%
Pre-licensing hours
40h combined
Application fee
$10
Exam fee
$54 per attempt
Combined exam length
150 Q · 180 min

Source: www.michigan.gov. Confirm before you register, state schedules change.

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What's on the MichiganL&H exam.

The Michigan L&H exam is administered by PSI after you finish a state-approved 40-hour pre-licensing course. The combined exam runs 150 questions with a 180-minute time limit. Passing requires 70%.

Content roughly follows the NAIC L&H outline: general concepts, life products, annuities, federal tax treatment, health products, social insurance, ethics, and a state-specific law section. The state law portion is where most candidates lose points, it's the section a generic national bank cannot cover well.

Michigan exam FAQ.

Who regulates insurance licensing in Michigan?
The Michigan Department of Insurance and Financial Services (DIFS).
What's the Michigan passing score?
70%.
How long is a Michigan L&H license valid?
Two years. 24 CE hours per renewal period, including 3 hours of ethics.
Where do I take the Michigan L&H exam?
PSI test centers across Michigan, or online remote-proctored.

Licensing in other states too?

Each state has its own vendor, hours, and fee schedule.