What This License Is
Wyoming offers a single combined Life and Accident and Health or Sickness examination — exam code 05, 150 questions in 2 hours 30 minutes at $113 — earning both lines of authority in one sitting.
The arithmetic favours it clearly. The two single papers are $96 each, so $192 for the same result across two mornings. And because the Department's application fee covers the whole group — "Life, Accident & Sickness, or Variable Life & Annuities (any combination)" — for a single $100 resident fee, holding both lines costs no more in state fees than holding one.
There is no pre-licensing education requirement. The Department's own account of how to get licensed is three steps: pass the exam, apply and pay, get fingerprinted. The candidate handbook, across its Overview, Licensure Process and General Guidelines sections, does not mention prelicensing education at all.
Adding Variable Life and Variable Annuity authority later means exam code 85 and a FINRA CRD number on the application — and it sits inside the same fee group, so no further application fee.
Exam Options & Format
The combined paper is code 05: 150 questions, 2 hours 30 minutes, $113.
It runs in two parts like every Wyoming major line — General and Wyoming State — and the content outlines effective July 31, 2025 show it carries two general sections, one for Life and one for Health, at 50 scored plus 5 pretest each, alongside a single Wyoming state section at 35 scored plus 5 pretest.
Partial passes are not permitted, and this is where the combined route carries its one real risk. The handbook: "If part of a combination exam is failed the entire combination exam must be taken again and at least a 70% must be achieved on the entire combination examination in order to be licensed in that line of authority." Strong on life and weak on health means retaking both.
The passing standard is 70 percent of questions answered correctly across the whole paper.
Most Tested Topics Across Both Wyoming Lines
The material below cuts across life and health: what happens when an insurer fails, what happens when one policy replaces another, and what Wyoming requires before you may recommend an annuity.
| Concept | The Wyoming rule |
|---|---|
| Guaranty cap, life death benefit | $300,000 in life insurance death benefits, but not more than $100,000 in net cash surrender and net cash withdrawal values — W.S. 26-42-103(d)(ii)(A) |
| Guaranty health tier, other coverages | $100,000 for coverages not defined as disability insurance, disability income insurance, health benefit plan or long-term care insurance, including net cash surrender and withdrawal values — 26-42-103(d)(ii)(B)(I) |
| Guaranty health tier, disability and long-term care | $300,000 for disability insurance, disability income insurance and long-term care insurance — 26-42-103(d)(ii)(B)(II) |
| Guaranty health tier, health benefit plans | $300,000 — 26-42-103(d)(ii)(B)(III). Note this is the NAIC model's $500,000 category, and Wyoming sets it lower |
| Guaranty cap, annuity present value | $250,000 in the present value of annuity benefits, including net cash surrender and withdrawal values — 26-42-103(d)(ii)(C). Structured settlement annuity payees get their own $250,000 in the aggregate at (D) |
| Guaranty aggregate, any one life | A flat $500,000 across paragraphs (A) through (D) — 26-42-103(d)(ii)(E)(I). There is no lower general aggregate with a carve-out; Wyoming's ceiling is one number |
| The multiple-policy-owner limb | For one owner of multiple nongroup life policies — individual, firm, corporation or other person, whoever the insureds are — the association is not obligated to cover more than $5,000,000 in benefits, regardless of the number of policies held — 26-42-103(d)(ii)(E)(II) |
| Long-term care riders | Benefits provided by a long-term care rider to a life policy or annuity contract are treated as the same type of benefits as the base contract — 26-42-103(d)(ii)(G) |
| Advertising the guaranty association | Prohibited to "No person including a member insurer, agent or affiliate of an insurer" — W.S. 26-42-116. The class is any person, with those three named as included rather than as the whole of it |
| Replacement free look | 30 days from the date of delivery, with an unconditional refund of all premiums paid — 044-2 Wyo. Code R. §12-7(d). For variable or market-value-adjustment policies the refund is instead the cash surrender value plus fees and charges deducted from gross premiums |
| Replacement notice, and when it is presented | The producer presents a Replacement Notice in the form of Exhibit A not later than at the time of taking the application, signed by both applicant and producer and left with the applicant, showing surrender charges on the policy being replaced, sales charges on the new one, and the new policy's surrender periods and charges — Rule §12-5(b)(i) |
| Notice to the existing insurer | Within three working days of the later-in-time of application receipt or policy issuance, whichever is sooner — Rule §12-7 |
| Replacement register | The replacement notice, all written replacement communications, and a replacement register indexed by producer and by existing insurer, kept at least three years or until the next Department examination, whichever is later — Rule §12-7 |
| Annuity best interest | A producer recommending an annuity "shall act in the best interest of the consumer under the circumstances known at the time of the recommendation is made," satisfying obligations of care, disclosure, conflict of interest and documentation — Rule §64-5 |
| Annuity producer training | A one-time four-credit Department-approved course. A producer licensed after the regulation's effective date may not sell annuities until it is completed; one who had completed an older approved course takes either a new four-credit course or an additional one-credit course on sales practices and disclosure — Rule §64-6 |
The guaranty caps are the section to slow down on, because Wyoming is not the model. A great deal of national material teaches the NAIC figures — $500,000 for health benefit plans, a $300,000 aggregate with a $500,000 carve-out. Wyoming has neither. Its health benefit plan tier is $300,000, its lowest health tier is $100,000 for coverages that are not disability, disability income, health benefit plan or long-term care, and its aggregate is a flat $500,000 with no carve-out structure at all.
Then the $5,000,000 limb, which most summaries omit entirely. Subsection (E)(II) caps the association at $5,000,000 in benefits for one owner of multiple nongroup life policies, whether that owner is an individual, a firm or a corporation and whoever the insureds are. It is the provision that matters in an employer-owned or trust-owned life insurance failure, and it does not appear in the standard model presentation.
On replacement, learn the three-working-day clock. Wyoming requires the replacing insurer to notify the existing insurer within three working days of the later-in-time of application receipt or policy issuance, whichever is sooner. That is tighter than the five business days several neighbouring states use, and the replacement register that backs it must be indexed by producer and by existing insurer and kept for three years or until the next Department examination, whichever is longer.
Exam Day at a Wyoming Test Center
Arrive 30 minutes early. "Candidates should report to the test center thirty (30) minutes before the examination and check in with the test center administrator."
Bring two forms of identification, and check the name. "Candidate must present two (2) forms of current signature identification. The name on the identification must exactly match the name on the registration. The primary identification must be government issued, photo-bearing with a signature and the secondary identification must contain a valid signature." Primary examples the handbook gives are a driver's licence, passport, military ID or green card; secondary examples are a Social Security card or a credit or debit card.
That phrase "must exactly match" is worth pausing on. A registration made in a maiden name, or with a middle initial your licence does not carry, is a problem discovered at the desk rather than fixed there.
Leave everything else outside. "No personal items are allowed in the testing room. Personal items include but are not limited to: cellular phones, hand-held computers or other electronic devices, pagers, watches, wallets, purses, firearms or other weapons, hats, bags, coats, books, and/or notes, pens or pencils." Separately: "Dictionaries, books, papers (including scratch paper), and reference materials are not permitted in the examination room." Scratch paper is issued by the administrator — you do not bring your own.
Note that watches are on the prohibited list, so plan to read the clock on screen. The handbook states no calculator policy in either direction, so do not assume one will be provided or permitted; ask when you register.
Breaks do not stop the clock. "Most sponsors allow unscheduled breaks… the candidate must raise their hand… The exam clock will not stop while the candidate is taking a break." On a 150-minute combined paper that is a real trade.
Changing your appointment. Call Pearson VUE at (866) 936-7786 at least 48 hours before the examination. With proper notice you may transfer the fee to a new reservation or request a refund; without it, you forfeit the examination fee.
If something genuinely goes wrong, an excused absence may be requested within 14 days for illness, a death, a traffic accident, court duty, military duty or a weather emergency. In Wyoming that last category is not decorative, and the handbook carries its own Weather Delays and Cancellations section.
Accommodations and English as a Second Language requests are arranged in advance, with request forms in the handbook's appendix — not something to raise on the day.
Wyoming Temporary Producer Licenses
Wyoming issues temporary producer licences, and you will not find them on the Department's website — the producer pages and all fifteen of their FAQ headings were checked, along with the limited-lines page. The provision is statutory only, at W.S. 26-9-210.
The duration is up to 180 days, issued without examination.
Four qualifying circumstances, and note that the first two are about somebody else's business rather than your own career:
1. Death or disability of a producer. To the surviving spouse or court-appointed personal representative of a producer who dies or becomes mentally or physically disabled, allowing time to sell the business, or for the producer to recover, or to train and license new personnel.
2. Death or disability inside a business entity. To a member or employee of a business entity on the death or disability of the individual designated in the entity's application or licence.
3. Military service. To the designee of a producer entering active service in the United States armed forces.
4. The public interest. Any other circumstance where the commissioner deems that the public interest will best be served.
The sponsor mechanism is the part to remember. The commissioner may limit the temporary licensee's authority, may require a licensed sponsor who assumes responsibility for the temporary licensee's acts, and may revoke the licence if the interests of insureds or the public are endangered. A temporary licensee is not operating on their own account in the way a fully licensed producer is.
What this is not. It is not a route to start selling while you study — every one of the four circumstances is about continuity of an existing book. A candidate who has not yet passed the examination is not the intended beneficiary of this section.
One adjacent credential worth not confusing with it: Wyoming operates Emergency Adjuster licensing, with its own registration form, on the catastrophe-adjuster side. That is an adjuster credential, not a producer one.
What It Costs
$113 to Pearson VUE for the combined paper, $100 to the Department with the application, and $39 for fingerprinting for a first-time resident — about $252 for both lines of authority.
Taken separately the exams are $96 each, so $331 all in for the same two lines. The combined route saves $79 and a morning, at the cost of the no-partial-pass risk.
Adding Variable Life and Variable Annuity later is exam code 85 at $96, with a FINRA CRD number required on the application — and no further state application fee, because it sits inside the same group.
Non-residents pay $150 for the application, are not fingerprinted, and may have the examination waived entirely on reciprocity — the Property & Casualty guide covers that route.
Eligibility Requirements
You must be at least 18 years old, and residents must pass the Wyoming licensing examination for the lines of authority sought before applying. Wyoming's Department of Insurance describes a three-step path for residents — pass the exam, apply and pay the fee, then complete the fingerprint background check — with no pre-licensing course step in it.
A criminal record does not automatically bar a licence. The Department's FAQ addresses it directly, and an applicant answering yes to a background question uploads four items to the NIPR Attachment Warehouse: the original charging documents; final disposition documents including the judge's final order and any fines or sentencing; proof that all fines are paid and all sentencing including probation is complete; and a written explanation of the circumstances. Federal law at 18 U.S.C. 1033 separately requires written consent for anyone convicted of a felony involving dishonesty or breach of trust.
Keeping Your License Active
Important CE details: Twenty-four classroom hours in each two-year licensing period, three of them ethics. Credits above the 24 carry forward to the next term, capped at 12 and only if earned within 120 days of expiration, and carryover counts as general credit rather than ethics. There has been no continuing education fee since January 1, 2023, and the Department grants no extensions for any reason. Providers have 15 days to file completion certificates, so finish more than 30 days out.
Twenty-four classroom hours per two-year licensing period, three of them ethics, renewing on the last day of your birth month. Holding both lines does not double it.
Annuities carry the one clear training gate: a one-time four-credit Department-approved course under Rule §64-6, and a producer licensed after the regulation took effect may not sell annuities until it is complete. A producer who had completed an approved annuity course under the older standard takes either a new four-credit course or an additional one-credit course covering sales practices, replacement and disclosure. Insurers must verify completion before allowing sales.
Long-term care is the opposite case. Wyoming's own law prescribes no LTC training hour count — there is no training section in the long-term care statute and none in the Commissioner's long-term care rule, in contrast to the annuity rule which has one. Training tied to Partnership policies is presupposed by W.S. 42-7-103(b)(ii) in Title 42 under federal Deficit Reduction Act requirements, and no Wyoming hour figure for it is published.
The Property & Casualty guide covers the renewal mechanics, the carryover cap and the reinstatement rules.
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