How long does it take to get a life insurance license in New Jersey?

Plan on 1 to 4 weeks. Most candidates finish the 20-hour pre-licensing course in 1 to 2 weeks studying part-time, then schedule the PSI Services LLC exam. Including fingerprinting and New Jersey DOI application processing, total time from start to license issuance is typically 3 to 6 weeks.

How much does a New Jersey life insurance license cost?

Budget about $350 all-in: pre-licensing or exam-prep course (~$100), the $38 state exam fee, the $170 New Jersey license application fee, and roughly $50 for fingerprinting/background check. The Price Group reimburses qualifying course costs after your first sale.

Do I need to be a New Jersey resident to get a New Jersey life insurance license?

No. New Jersey issues non-resident licenses to agents already licensed in good standing in their home state. The non-resident application is filed through NIPR with no additional New Jersey pre-licensing required.

Which New Jersey license should I get for selling final expense and term life?

The New Jersey Life Producer (Life-Only) license is the minimum required to sell life insurance, including final expense and term/whole life. If you also want to sell Medicare Supplement or under-65 health, you can either take a combined Life & Health course up front or add the Health line later. TPG agents typically start Life-Only and add Health when they are ready.

How to Get Your Life Insurance License in New Jersey

20 hours of pre-licensing, PSI Services LLC exam, about $476 all-in. Here is the exact path.

Verified against the New Jersey Department of Banking and Insurance on May 13, 2026.

Free New Jersey Licensing Roadmap

A printable step-by-step PDF covering pre-licensing, fingerprinting, the PSI Services LLC exam, and what to do the week your license arrives.

20 hrs

Pre-licensing hours

70%

Passing score

~$476

Total cost estimate

Typical timeline: 2 to 4 weeks

Path options: Life: 20 hours Health: 20 hours Life + Health: 40 hours

5 Steps to Get Licensed in New Jersey

Follow this exact sequence to go from zero to fully appointed agent.

1
Complete pre-licensing education
Finish your state-approved pre-licensing course online. Most students complete it in under a week with focused study.
Start the JustInsurance Course
2
Schedule your New Jersey state exam
Register through PSI Services LLC, the testing partner for the New Jersey Department of Banking and Insurance. Pick a testing center near you or, in most states, a remote-proctored slot.
Schedule with PSI Services LLC Visit New Jersey Department of Banking and Insurance
3
Pass the New Jersey life insurance exam
Show up early, bring two valid IDs, and use the JustInsurance practice tests beforehand. Most students who follow the study plan pass on the first attempt.
Retake policy: Retake policy: scheduling your next available test date with no mandatory waiting period.
4
Submit your license application
After passing, file your application through NIPR or your state's online portal. Background check and fingerprinting are usually required.
Fingerprinting: Submitted through IdentoGO (Code: 2F16Y3)
5
Get appointed with carriers
A license alone does not let you sell. You need carrier appointments. The Price Group handles contracting with 20+ A-rated carriers so you can start writing business right away.

Want this written out as a printable checklist?

New Jersey Licensing Cost Breakdown

Everything you can expect to pay to get fully licensed in New Jersey.

Item	Cost
Pre-licensing course (JustInsurance)	$39
New Jersey state exam fee	$47
License application fee	$170
Background check / fingerprinting	$50
Estimated total	~$476

Costs are estimates based on the most current published fees and may change. Verify with your state's Department of Insurance before paying.

License term

2 years

CE hours per renewal

24 hrs (3 ethics)

Official CE rules

Reciprocity

Reciprocal licensing is available for producers licensed in good standing in their home state. No exam or pre-licensing education is required.

New Jersey Licensing FAQ

Quick answers to the most common questions about getting licensed in New Jersey.

Why agents choose The Price Group

Once you are licensed, the next decision is who you go to market with. The Price Group is built for life insurance agents who want a real system, not an MLM.