Free Wisconsin Life Exam Practice Test

Series 22-01 — The Wisconsin Life producer exam is given by PSI (exam 22-01) and covers general insurance concepts, life policies, and Wisconsin insurance law and regulation.

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100

Scored items (approx.)

120 min

Time limit

70%

Passing score

834

Practice questions

Topics covered on the Life exam

Insurance Regulation

191 practice questions · Regulator structure, Commissioner selection, Commissioner duties, License requirement, …

General Insurance Concepts

78 practice questions · Indemnity, Utmost good faith, Adhesion, Aleatory, …

Life Insurance Basics

136 practice questions · Insurable interest, Risk, Adverse selection, Law of large numbers, …

Types of Life Insurance Policies

110 practice questions · Term insurance, Whole life, Universal life, Variable life, …

Life Policy Provisions Options and Riders

138 practice questions · Grace period, Incontestability, Reinstatement, Nonforfeiture options, …

Annuities

102 practice questions · Annuity purpose, Accumulation phase, Immediate annuity, Fixed annuity, …

Federal Tax Considerations

79 practice questions · Death benefit taxation, Cash value growth, Annuity taxation, MEC, …

Practice Test: Life

Answer choices are shuffled every time, and every question comes with an explanation.

Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.