Oregon Producer's Examination for Life and Health Insurance (Series 12-03) — exam facts

The Division's page says Oregon offers both test-center and online remote-proctored testing, chosen when signing up for the exam. It requires 20 hours of pre-licence training per line of authority, so the combined exam needs 20 hours for Life and 20 hours for Health.

Source: Oregon Division of Financial Regulation — Producer licensing (2026-09-22)

One combined exam of 150 questions covering life, health and Oregon law; state law is tested within the topic areas (for example Insurance Regulation, 6 items) rather than as a separately scored section. The bulletin adds that 5 to 10 unscored experimental questions may be given in addition.

Source: PSI — Oregon Producer's Examination for Life and Health Insurance, Series 12-03 content outline (2026-09-22)

The outline states "2 hours and 40 minutes", shown here as exactly 160 minutes. The optional tutorial of up to 15 minutes does not count toward exam time.

Source: PSI — Oregon Producer's Examination for Life and Health Insurance, Series 12-03 content outline (2026-09-22)

The bulletin says "You must get 70% correct to pass the examination". Eligibility lasts 1 year from the date on the pre-licensing Certificate of Completion, with unlimited attempts in that period; after it, the courses must be retaken. A new appointment cannot be made on the same day as a failed attempt.

Source: PSI — State of Oregon Insurance Candidate Information Bulletin (8/5/2025), hosted by the Division of Financial Regulation (2026-09-22)

• $55 — Examination fee (Series 12-03, Life and Health) (PSI Services LLC, per attempt) Source
• $61.25 — Electronic fingerprinting at a PSI Oregon site (state and PSI processing fees combined) (PSI Services LLC, one-time) Source

The Division's fees page and the PSI bulletin agree on both amounts: $55 for a combined exam and $61.25 for fingerprints, which PSI alone takes (the bulletin splits it into a $46.25 state fee and a $15.00 PSI fee). Registration fees are not refundable or transferable and expire one year after registering. The Division's page lists the initial licence application as $105 online at NIPR plus a processing fee; it is not shown as a row because a rule the Division filed on 06/29/2026 proposes raising producer licence and issuance fees.

Source: Oregon Division of Financial Regulation — Fees and forms (insurance industry) (2026-09-22)

The bulletin lists no non-English form of any exam. English as a Second Language candidates who want additional time must book by calling PSI rather than online.

Source: PSI — State of Oregon Insurance Candidate Information Bulletin (8/5/2025), hosted by the Division of Financial Regulation (2026-09-22)