100% Free - No Registration Required

Minnesota Life Insurance Practice Exam Free - 2026

The Minnesota Commerce Department licenses producers across the North Star State. Practice free from the Twin Cities or anywhere else, and review explanations until the concepts stick. Access 240+ free Life Insurance questions with detailed explanations.

240+ Questions
Unlimited Practice
Minnesota Specific

How the Minnesota Life Insurance exam compares

The Minnesota Life exam is 85 questions, 120 minutes, a 70% cut score. The examination fee is $45.

Minnesota requires 20 hours of prelicensing education before you can take the exam.

Life Insurance questions reviewed by Michael Bennett — Life Insurance, 17 years' experience, Tampa, FL.

Figures above are taken from PSI Candidate Information Bulletin - Minnesota Insurance (Minnesota Department of Commerce) + PSI MNINS content outlines and were verified in July 2026. Requirements change - confirm current details with your state insurance department before you book.

Choose Your Practice Mode

Mock Exam
Simulate the real exam experience with timed questions
  • Timed test
  • 50-150 questions
  • No answer hints
Quiz Mode
Practice with immediate feedback on each question
  • Instant feedback
  • See explanations
  • Track progress
Review Mode
Study all questions with answers visible
  • All answers shown
  • Full explanations
  • Study at your pace
Minnesota Life Exam Info
  • Vendor: PSI
  • Questions: 85 total: general 55 (50 scored + 5 pretest) + state 30 (25 scored + 5 pretest)
  • Time limit: 120 minutes
  • Passing: 70% correct to pass
  • Exam fee: $45
  • Prelicensing: 20 hours of prelicensing education per line of authority for all first-time examination applicants (per MN law, stated in PSI CIB); paper course certificate required at test site

Verified July 2026 from the PSI Candidate Information Bulletin - Minnesota Insurance (Minnesota Department of Commerce) + PSI MNINS content outlines. Always confirm with the current official candidate handbook.

Minnesota Commerce Department

Study Tip

Spread practice across several days instead of one long session. Short, repeated sessions with explanations beat cramming for vocabulary-heavy insurance exams.

Minnesota Life Insurance Exam Topics

Advanced Policy Types
Advanced Taxation (1035, MEC, Annuities)
Annuities
Annuity Payouts & Suitability
Beneficiaries & Settlements
Business Uses of Life Insurance
Ethics & Regulations
General Principles & Contract Law
Group Life Insurance
Life Insurance Basics
Life Settlements & Viaticals
Policy Dividends
Policy Provisions & Options
Policy Riders
Qualified & Retirement Plans
Social Security Benefits
Taxation of Life Insurance
Types of Life Policies
Underwriting & Risk
Universal Life Insurance
Whole Life Insurance
State Insurance Law

Free Minnesota Life Practice Questions with Answers

12 sample questions from the 240-question Life bank behind the interactive tests. Expand a question to check the answer and the reasoning behind it.

Want to study offline? Download the free Life questions & answers PDF.

Frequently Asked Questions

Other Insurance Exams in Minnesota

Prepare for multiple insurance licenses in Minnesota

Life Insurance Exams in Nearby States

Planning to get licensed in multiple states? Practice for neighboring state exams too.