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INS 23 FAQ (Frequently Asked Questions)

INS 23 FAQ (Frequently Asked Questions)

How long are the INS exams and how many questions are included?

Where do I go to take the exam?

Is there an exam fee?

Are the questions essay or multiple choice?

How many courses do I need to earn the certificate in General Insurance?

How long will it take me to study for this exam?

How do I go about studying for the INS exams?

What can I take into the exam with me?

How is the test graded?

Do I need to take a class?

How long are the INS exams and how many questions are included? The exam begins with a tutorial to help you understand all the buttons and systems of the exam. Your exam time does not include this tutorial. You will be allotted a full two hours for the exam. There are 85 questions for these multiple choice question exams.

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Where do I go to take the exam?You will need to register with Prometric to take the exam. They will help you to find the closest center to you. You can review their list of centers on their website at prometric.com. Your company may also be an examination center. Check with the Education Department in your company before registering with Prometric.

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Is there an exam fee? There is an “Early Bird” price of $111 for INS exams if you register before the first day of the testing window. After that date, the price is $171. Plan ahead!

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Are the questions essay or multiple choice? The questions for the INS 23 exam are multiple choice. The questions may be the straight forward style, the “All of the Above”, or “All EXCEPT”. Students need to use care in reading the questions to select the correct answer. A small percentage of the questions will be application style or “Part B” questions.

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How many courses do I need to earn the certificate in General Insurance? You will complete the three INS courses for this certificate: INS 21, 22 and 23. Completion of these three courses can be a stepping stone to other professional designations.

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How long will it take me to study for this exam? Typically students using the Keir method of study report studying 40 to 60 hours per course. It will depend on how much knowledge and experience you already have in the topic.

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How do I go about studying for the INS exams? You probably have a favorite approach to studying. We find two typical scenarios for studying for the INS. One, you will read the text book, read the AICPCU Course Guide Question, think or write out your answers to the questions, check the KEIR Answers to the Course Guide, and take the Practice Exam for that assignment. When all assignments have been completed, you will take the Trial Finals. Or a second approach could be, if you know the topic very well, you could test yourself with the Practice Exam questions. If you earn 75% to 80%, you probably don’t need to read the text – move on to the next assignment. Just make sure you take the Trial Tests and earn a minimum of 75% before going to your national exam.

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What can I take into the exam with me? Your license or photo id, and exam ticket. You will be given paper and pencil for working out solutions – but you will not be allowed to leave the exam center with the paper. You will be given a calculator if the exam requires one. Everything personal will be locked in a locker for safe keeping.

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How is the test graded? You will receive a pass/fail grade. Your multiple choice exams will be graded at the testing center – you will receive immediate feedback.

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Do I need to take a class? That depends on you. There are excellent classes available from local CPCU Societies or online programs, such as the ones offered by IEA. If you need the discipline of doing homework and taking weekly quizzes, a class may be best for you. If you can set a schedule of study and stick to it, you can be a successful self-study student.

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Topic List for CFP® Certification Examination Copyright © 2005-2006, Certified Financial Planner Board of Standards, Inc. All rights reserved. Used with permission.

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP (with flame logo)®, which it awards to individuals who successfully complete initial and ongoing requirements. “Keir Educational Resources is a Review Course Provider for the CFP® Certification Examination administered by Certified Financial Planner Board of Standards, Inc. CFP Board does not endorse any review course nor receive any financial remunerations from Review Course Providers.”