Insurance Agent Licensing Exam at H&M

Does anyone know which questions always seem to pop up on the exam, and which study guide is actually worth my time??

Has anyone here actually sat for the representative exam this past September? I need to know if they’re still using those multiple-choice questions. I'm heading into my exam soon and I'm a bit on edge about it.

Thanks 🙂

Hi everyone, I could really use some advice. I have my Hanifa exam coming up on October 27th, but I’m feeling completely lost on where to even start. Since I’m currently job hunting, I really can't afford to fail this. Does anyone know what I should be studying? Should I look into those study guides by Vincent, or is there a better way to prepare? If you know of any good resources or materials I can go through, please let me know. Thanks in advance for the help...

who’s hitting the exam on 10/27????? if anyone could point me in the right direction on what to actually study—hit my inbox please!!! anybody... help a girl out... 🤷

Let me give you my take on this. I sat for the exam back in October, and the turnout was massive—honestly, they actually turned people away because there wasn't enough room, making up all sorts of excuses just to keep the numbers down. Generally, these exams happen monthly, except during the summer, December, and the month containing Easter. It’s not an impossible mountain to climb if you're prepared, since the questions are identical to what's in the study guide. 🙂 There were three groups of about 90+ people each; from what I can see, roughly 20 people in my group failed. If you actually know the material, you just need to read the questions a few times and watch out for those sneaky little traps—like asking for one specific regulation, but providing answers that technically belong to a different one, meaning none of them are actually correct.
Anyway, a few new questions popped up—maybe six in total. Four of them deal with claims assistance in insurance, then there's a question about how much notice a policyholder has to give the insurer if they want to cancel (I think I put 3 days, but I'm not 100% certain), and I'm blanking on the last one, sorry 🙂
Here’s my move: I left the testing site early and headed straight to the local Starbucks near the venue. You can always find folks from the first group there, grabbing coffee and dissecting everything while waiting for results. That’s how I found out all the questions were exactly the same across all three groups. Now, the real problem is for the people stuck in that first group.

Good luck to all the future agents and brokers 🙂))

Hey there,

I've got a solid study kit available here:
- A killer study guide—honestly, if you master this one, you’re basically set.
- All three sets of practice exams (Groups A, B, and C) from the 2014 cycle, all fully annotated with the correct answers.
- An extra 80 questions pulled directly from the actual tests used over the last year.

I actually used this exact material to pass my exam on the very first try—only missed two questions!

If you want to grab this and get ahead, just shoot me a DM with your best offer.

So, here’s where things stand... we're still waiting on the results from yesterday's exam.
I really hope I was able to help everyone who reached out to me for those practice questions... if I missed anyone, please know it definitely wasn't intentional, it was just a matter of running out of time.
To everyone else taking their exams this week or next month, I truly wish you the best of luck.
I suppose you should probably be ready for some tricky questions... stuff regarding investment funds, commercial courts, and things along those lines.
👍😵

Hey,
does anyone happen to have a study guide or a cheat sheet for the insurance broker exam? Has anyone sat for it lately—what kind of material should I actually be focusing on?

Andrew Lopez56 said:Hey,
does anyone happen to have a study guide or a cheat sheet for the insurance broker exam? Has anyone sat for it lately—what kind of material should I actually be focusing on?

I'm actually in the same boat, Andrew Lopez56—any updates on your end? Thanks

Hey everyone,

Honestly, I think all those practice questions are kind of pointless.
Everything you need is right there in the study guides and the actual laws—to me, questions are just something you use at the very end to check if you actually know your stuff.👍
I wouldn't even feel confident walking into an exam if I only studied the questions; it feels way too shallow and rushed... haha, plus I’m a total panic attack waiting to happen anyway.😁
Does anyone know of any decent study guides besides the ones by Vukadin?

Best, Alice

I’m running for a seat in Congress in two weeks. If anyone has been through this lately, I’m all ears for info or advice. Any big changes to the process or new types of questions being thrown around?

I sat for my exam back in November, and honestly, I walked in with a massive list of questions regarding pension funds—it was pretty intimidating at first. If you’re heading into this, do yourself a favor and actually study up on how those funds work; it makes a world of difference. I passed on my first attempt, and let me tell you, despite what some people were claiming above about there being coffee or snacks provided—there isn't. Don't expect any hospitality. It's mostly just people milling around the room, but if you reach out to someone, they’ll help you out. Just stay low-key, keep your head down, and if you've gone through the study guide two or three times, you’ll be more than ready.

Casey Williams76, what study guide were you even using? Mine doesn't mention pension funds at all.

So, I’ve got my exam tomorrow and my study materials don't mention a single thing about pension funds. I just ended up with this mess of outdated documents and laws from way back in 2006. 🤔 Does anyone have a link to some decent study guide I can actually use to skim through everything?
Also, how long does the test usually take, how many questions are on it, and what's the passing score?

Passed today!
Just wanted to share a few details for anyone freaking out about taking this in September or later.

The exam kicked off at 9 AM, and most of us were already heading out by 10. From Hanifa, they had the exam board chair, a secretary, and three women who handed out the tests—split into groups A, B, and C. We sat in threes, and everyone got a different version of the test. That said, the exact same questions kept popping up across two or all three versions, just numbered differently. I know this because you can technically collaborate with your desk mates, though you shouldn't overdo it. 👍
They changed things up starting this term: the test is now 30 questions long, and you need 18 to pass. You get 45 minutes. They told us the material coverage is basically the same as before. The board chair and the secretary are actually pretty chill; they were walking around the hall, so you could ask them for help if needed.
Out of our group of 88 people, 80 passed. The chair called everyone out by name at the start, and since a few people didn't show and some canceled, almost everyone passed.
It isn’t hard, but you do need to study. Most of the questions were right out of the prep materials I used, though there were a couple of surprises.

Hey, Itko? Can I pick your brain for a sec? Got some questions... I'm taking my exam in just a few days. Thanks!

I passed on my first attempt! Huge thanks to that one forum member who shot me an email—it was just one person helping out, but man, it made all the difference. I won't name names, but she knows who she is. Just a heads-up though: those questions are total trick questions. You really have to read them closely, especially when it comes to rounding your answers, because sometimes the whole thing hinges on a single word or even just a misplaced comma.

Passed my insurance agent exam yesterday. Got a solid stash of study guides and practice tests now. If anyone needs them, hit me up via email and I'll tell you exactly what to focus on.

Best

For anyone planning to take the exam during the upcoming sessions:
grab those three sets—Groups A, B, and C—that are floating around online. If you can't find them, let me know and I'll pass them along...
On the last session, there were 18 questions that were straight repeats from those old exams.

I’ll jot down the new questions I recall—roughly:

1. Does an insurance agent's assistant need their own license to represent clients? NO

2. Who needs to be notified when we bring on a new insurance agent's assistant? The firm they represent, Hanifa, HUO, or the Chamber of Commerce?

3. Can an insurance agency business sell shares in investment funds?

4. On what basis does an American agency receive authorization to operate within the EU?
Based on the insurance laws, via Hanifa or the regulatory body of the specific EU country where they'll be operating.

5. Are agents required to prioritize consumer protection? YES

6. If there are multiple authorized individuals tied to a business share, how do they exercise their rights regarding that share? TOGETHER

7. How many years can an assistant perform insurance representation duties without a license? 2 YEARS

8. Is an insurance agent's assistant allowed to offer shares in investment funds?

9. Can premium amounts vary based on the gender of the insured? It can, it cannot, or it can depending on the type of insurance.

10. After how much time is an agency's operating permit revoked if they fail to act? 3 days after receiving the permit, 3 months, or 6 months.

11. If the policyholder and the insured are different people, does the insured need to give consent if the policyholder names a third party as the beneficiary? YES

12. Can an agent work for multiple insurance companies, or just one?

13. Where is the information center located: HUO, Hanifa, the Chamber of Commerce, or somewhere else?

Look, my advice? Just find that study guide online, memorize the standard questions, and you’ll breeze through... also, make sure you actually read the rules regarding insurance assistants, agency representation, and mutual funds... those topics keep popping up on the exams.

Good luck, everyone. 👍