Pennsylvania PSI exam 16-01 is the standalone Life Insurance and Annuities examination used for this pathway. Exam 16-03 is a combined Life, Accident and Health alternative and is not the ordinary target exam represented here.

Exam overview

Exam summary
PSI Pennsylvania Producer’s Examination for Life Insurance, series 16-01, for the standalone Life and Fixed Annuity pathway.
Exam-specific prerequisites
Yes
Prerequisite explanation
Complete 24 approved preexamination credits including at least 3 ethics credits, unless a documented exemption applies.

Exam structure

Number of questions
100 scored blueprint items; PSI may add 5–10 unscored experimental items
Exam duration
120 minutes of examination time; an optional tutorial of up to 15 minutes and check-in are additional
Passing threshold / published scoring model
70 percent
Exam format
Standalone computerized Life Insurance examination, series 16-01
Testing method
Both
Exam content / topic overview
Life insurance and annuities under the current PSI 16-01 outline. Combined 16-03 is an alternative, not this record.

Cost & attempts

Exam fee
$45
Retake policy
Unlimited attempts; after failure, a new appointment may be made the next day subject to availability.

Scheduling & accessibility

Scheduling instructions
Schedule through PSI for a test-center or remote-proctored appointment. Cancel or reschedule at least two days before the appointment to preserve the fee.

Administrator (time-sensitive)

Current exam administrator
PSI
Administrator last verified date
2026-08-23
Official scheduling / reference source
https://test-takers.psiexams.com/pain

Source governance

Official candidate handbook / exam outline
https://test-takers.psiexams.com/api/content/bulletin/7280
Primary authoritative source
https://proctor2.psionline.com/media/programs/PAINS/16-01xx.pdf
Last verified date
2026-08-23
Verification status
Verified
Effective date
2026-03-01
Review / recheck date
2026-11-22

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