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State RegulationsNJ specificDifficulty 1/5

What is the current fee to take one New Jersey producer licensing examination?

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Answer & full 3-part explanation (select an option above, or peek)

Why C is correct

The current fee for one New Jersey producer licensing examination is $47, according to the fee schedule published by the New Jersey Department of Banking and Insurance. The older $38 figure circulated in a 2023 examination bulletin and has been superseded. The $20 amount is the license application fee, and $75 is the limited-lines license fee for a two-year term — related payments, but none of them is the examination fee.

Why the other options are wrong

  • A) $38 was the fee printed in a superseded 2023 examination bulletin; the current department fee schedule shows $47.
  • B) $20 is the application fee for the license itself, separate from the examination fee.
  • D) $75 is the limited-lines license fee for a two-year term, not the charge for taking an examination.

Memory hook

Exam fee: forty-seven, current and official — thirty-eight is yesterday's number.

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