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Oregon Life Insurance — License Examination Requirements

US-OR · License preparation

This page provides licensing requirements, not a question bank. Review the applicable pathway and official sources below.

Licenses, application pathways and examination requirements

Each license and applicant pathway has its own requirements and exemptions. Choosing practice questions does not determine your eligibility.

Business Entity Insurance Producer License — Life

Insurance agency or other business entity authorized to transact life insurance through responsible licensed individual producers.

Licensing authority: Oregon Department of Consumer and Business Services, Division of Financial Regulation · Application information

Business entity licensure of a banking institution or eligible bank affiliated corporation
No examination is required for this applicant pathway.
Entity
Be a banking institution or a corporation eligible under ORS 744.061; life authority is a permitted class.
Requirements
Submit the applicable resident or nonresident business entity application and fees and designate a responsible licensed producer.

Official no-examination sources

Effective from 2026-09-22.

Nonresident business entity initial licensure
No examination is required for this applicant pathway.
Application
Submit the proper entity application and fees through NIPR; meet the business-entity registration and responsible-producer requirements.
Entity
Hold the required resident entity producer license in good standing with applicable life authority and reciprocal treatment for Oregon entities.
Nonreciprocal Alternative
A business entity applying under ORS 744.064 must satisfy that section but is expressly exempt from its written examination.

Official no-examination sources

Effective from 2026-09-22.

Business entity license renewal
No examination is required for this applicant pathway.
Compliance
Maintain responsible licensed producers, required ownership and officer information, and affiliations; the resident individual continuing-education requirement does not apply to the entity itself.
Renewal
Pay applicable fees and renew electronically; entity agency licenses expire two years after issuance at the end of the issuance month.

Official no-examination sources

Effective from 2026-09-22.

Resident business entity initial licensure
No examination is required for this applicant pathway.
Application
Submit the Uniform Business Entity Application through NIPR, pay fees, disclose required owners and officers, and file affiliations within thirty days.
Entity
Be a corporation, association, partnership, LLC, LLP or other business entity organized or authorized with the Oregon Secretary of State.
Responsible Producer
Designate a licensed insurance producer responsible for compliance; the individual license held by that person is an applicant condition of the entity route.

Official no-examination sources

Effective from 2026-09-22.

Limited Class Credit Insurance Producer License

Limited class credit insurance authority, including credit life and mortgage life insurance offered in connection with extinguishing a credit obligation.

Licensing authority: Oregon Department of Consumer and Business Services, Division of Financial Regulation · Application information

Limited class credit individual reinstatement within twelve months
No examination is required for this applicant pathway.
Education
The continuing-education exemption for ORS 744.067(5) licenses remains applicable.
Lapse
Apply within twelve months after renewal was due and pay the statutory late reinstatement fees.

Official no-examination sources

Effective from 2026-09-22.

Nonresident limited class credit licensure under ORS 744.064
No examination is required for this applicant pathway.
Exemption
ORS 744.067(5) expressly exempts limited class authority from the examinations under both ORS 744.058 and 744.064.
Home License
Meet the director determinations, good-standing evidence, application and fee requirements of ORS 744.064.

Official no-examination sources

Effective from 2026-09-22.

Nonresident limited class credit licensure by reciprocity
No examination is required for this applicant pathway.
Home License
Hold the home-jurisdiction limited class credit authority in good standing; meet the applicable reciprocal nonresident application and fee requirements.

Official no-examination sources

Effective from 2026-09-22.

Limited class credit license renewal
No examination is required for this applicant pathway.
Education
ORS 744.072(4)(a) does not require continuing education for a license issued without examination under ORS 744.067(5).
Renewal
Pay the applicable fees and renew on the applicable individual or entity cycle.

Official no-examination sources

Effective from 2026-09-22.

Resident business entity limited class credit licensure
No examination is required for this applicant pathway.
Entity
Submit the business entity application, pay fees and designate a responsible licensed producer.
Training
The insurer instruction requirement applies to limited class credit producers.

Official no-examination sources

Effective from 2026-09-22.

Resident individual limited class credit licensure
No examination is required for this applicant pathway.
Application
Meet the other applicable individual application, age, fitness, fee and background requirements.
Eligibility
Apply for limited class credit authority; this includes credit life and mortgage life coverage limited to the credit obligation.
Training
The insurer must provide the director-approved program of instruction under ORS 744.059(4).

Official no-examination sources

Effective from 2026-09-22.

Insurance Producer License — Life, Managing General Agent Indorsement

Specialty indorsement of the existing life insurance producer license; the underlying producer license remains an applicant condition.

Licensing authority: Oregon Department of Consumer and Business Services, Division of Financial Regulation · Application information

Addition of a managing general agent indorsement
No examination is required for this applicant pathway.
Activity
The applicant must meet the statutory managing-general-agent definition, including underwriting gross direct written premium equal to at least five percent of insurer surplus and qualifying claims or reinsurance activity.
Application
Apply to amend the producer license; ORS 744.300(4) expressly requires no examination for the indorsement.
Existing License
Hold a producer license under ORS 744.062 with the required life authority.
Insurance
Maintain the required errors and omissions insurance; OAR 836-071-0150 sets the amount at $500,000 claims made or per occurrence.

Official no-examination sources

Effective from 2026-09-22.

Renewal of the indorsed producer license
No examination is required for this applicant pathway.
Education
Applicable resident individual life-producer continuing education remains required.
Renewal
Maintain the underlying producer license under ORS 744.072 and the managing-general-agent indorsement qualifications and required E&O insurance.

Official no-examination sources

Effective from 2026-09-22.

Insurance Producer License — Life, Reinsurance Intermediary Broker Indorsement

Producer-based authority to act as a reinsurance intermediary broker for life insurance; does not survey a separately licensed intermediary outside the producer profession.

Licensing authority: Oregon Department of Consumer and Business Services, Division of Financial Regulation · Application information

Nonresident producer based reinsurance intermediary authorization
No examination is required for this applicant pathway.
Activity
Solicit, negotiate or place reinsurance cessions or retrocessions without acting as a manager.
Application
Submit the proper request, fees and home application or other application acceptable to the director.
Existing License
Hold a current resident intermediary or insurance producer license in good standing in the home jurisdiction.
Fitness
The director may refuse licensing for untrustworthiness or a licensing disqualification under ORS 744.800(7).
Reciprocity
The home jurisdiction must award nonresident intermediary licenses to Oregon residents on the same basis.

Official no-examination sources

Effective from 2026-09-22.

Maintenance and renewal of the producer based intermediary indorsement
No examination is required for this applicant pathway.
Activity
Solicit, negotiate or place reinsurance cessions or retrocessions without acting as a manager.
Education
The ORS 744.072(4)(c) CE exemption applies solely to maintaining the intermediary indorsement and does not exempt the underlying life authority.
Existing License
Maintain the underlying producer license and indorsement qualifications.
Fitness
The director may refuse licensing for untrustworthiness or a licensing disqualification under ORS 744.800(7).

Official no-examination sources

Effective from 2026-09-22.

Resident producer based reinsurance intermediary indorsement
No examination is required for this applicant pathway.
Activity
Solicit, negotiate or place reinsurance cessions or retrocessions without acting as a manager.
Existing License
Hold the Oregon producer license indorsed as a reinsurance intermediary with the appropriate life authority.
Fitness
The director may refuse licensing for untrustworthiness or a licensing disqualification under ORS 744.800(7).
Office
Meet the Oregon office and domestic-reinsurer rules of ORS 744.800(2)-(3), as applicable.

Official no-examination sources

Effective from 2026-09-22.

Insurance Producer License — Life, Reinsurance Intermediary Manager Indorsement

Producer-based authority to act as a reinsurance intermediary manager for life insurance.

Licensing authority: Oregon Department of Consumer and Business Services, Division of Financial Regulation · Application information

Nonresident producer based reinsurance intermediary authorization
No examination is required for this applicant pathway.
Activity
Bind a reinsurer or manage its assumed reinsurance business as its producer.
Application
Submit the proper request, fees and home application or other application acceptable to the director.
Existing License
Hold a current resident intermediary or insurance producer license in good standing in the home jurisdiction.
Fitness
The director may refuse licensing for untrustworthiness or a licensing disqualification under ORS 744.800(7).
Insurance
The resident manager must obtain and maintain the required E&O insurance; the rule sets it at $500,000 claims made or per occurrence.
Reciprocity
The home jurisdiction must award nonresident intermediary licenses to Oregon residents on the same basis.

Official no-examination sources

Effective from 2026-09-22.

Maintenance and renewal of the producer based intermediary indorsement
No examination is required for this applicant pathway.
Activity
Bind a reinsurer or manage its assumed reinsurance business as its producer.
Education
The ORS 744.072(4)(c) CE exemption applies solely to maintaining the intermediary indorsement and does not exempt the underlying life authority.
Existing License
Maintain the underlying producer license and indorsement qualifications.
Fitness
The director may refuse licensing for untrustworthiness or a licensing disqualification under ORS 744.800(7).
Insurance
The resident manager must obtain and maintain the required E&O insurance; the rule sets it at $500,000 claims made or per occurrence.

Official no-examination sources

Effective from 2026-09-22.

Resident producer based reinsurance intermediary indorsement
No examination is required for this applicant pathway.
Activity
Bind a reinsurer or manage its assumed reinsurance business as its producer.
Existing License
Hold the Oregon producer license indorsed as a reinsurance intermediary with the appropriate life authority.
Fitness
The director may refuse licensing for untrustworthiness or a licensing disqualification under ORS 744.800(7).
Insurance
The resident manager must obtain and maintain the required E&O insurance; the rule sets it at $500,000 claims made or per occurrence.
Office
Meet the Oregon office and domestic-reinsurer rules of ORS 744.800(2)-(3), as applicable.

Official no-examination sources

Effective from 2026-09-22.

Temporary Insurance Producer License — Life

Temporary authority to service an insurance business, including its life insurance business, subject to director-imposed restrictions.

Licensing authority: Oregon Department of Consumer and Business Services, Division of Financial Regulation · Application information

Temporary licensure of a business entity member or employee
No examination is required for this applicant pathway.
Eligibility
Be a member or employee of a licensed producer entity following death or disability of its designated individual.
Safeguards
The director may limit authority, require a licensed producer or insurer sponsor responsible for the temporary licensee, impose protective requirements, or revoke the license if public interests are endangered.
Term
The statutory temporary license lasts no more than 180 days and cannot continue after disposal of the business.

Official no-examination sources

Effective from 2026-09-22.

Temporary licensure of an active duty producer designee
No examination is required for this applicant pathway.
Eligibility
Be designated by a licensed producer entering active service in the United States Armed Forces.
Safeguards
The director may limit authority, require a licensed producer or insurer sponsor responsible for the temporary licensee, impose protective requirements, or revoke the license if public interests are endangered.
Term
The statutory temporary license lasts no more than 180 days and cannot continue after disposal of the business.

Official no-examination sources

Effective from 2026-09-22.

Temporary licensure of a military spouse
No examination is required for this applicant pathway.
Eligibility
Be the spouse of a United States Armed Forces member duty-stationed in Oregon and hold a current insurance license in another jurisdiction.
Implementation
DFR states that Oregon may issue a temporary license and instructs the applicant to contact the Division. This is read under the director discretionary temporary-license provision of ORS 744.073(1)(d).
Safeguards
The director may limit authority, require a licensed producer or insurer sponsor responsible for the temporary licensee, impose protective requirements, or revoke the license if public interests are endangered.
Term
The statutory temporary license lasts no more than 180 days and cannot continue after disposal of the business.

Official no-examination sources

Effective from 2026-09-22.

Temporary licensure in another public interest circumstance
No examination is required for this applicant pathway.
Eligibility
The director must determine that issuing the temporary license best serves the public interest and is necessary to service the insurance business.
Safeguards
The director may limit authority, require a licensed producer or insurer sponsor responsible for the temporary licensee, impose protective requirements, or revoke the license if public interests are endangered.
Term
The statutory temporary license lasts no more than 180 days and cannot continue after disposal of the business.

Official no-examination sources

Effective from 2026-09-22.

Temporary licensure of a surviving spouse or court appointed representative
No examination is required for this applicant pathway.
Eligibility
Be the surviving spouse or court-appointed personal representative of a producer who died or became mentally or physically disabled; the license must be necessary to service the business pending sale, recovery or staffing.
Safeguards
The director may limit authority, require a licensed producer or insurer sponsor responsible for the temporary licensee, impose protective requirements, or revoke the license if public interests are endangered.
Term
The statutory temporary license lasts no more than 180 days and cannot continue after disposal of the business.

Official no-examination sources

Effective from 2026-09-22.