U.S. Virgin Islands Issues New Licensing Regulations: Only Three Exam Attempts Allowed Per Year

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VI| Bulletin 2025-04 from the United States Virgin Islands Division of Banking, Insurance and Financial Regulation announces that insurance examination results are now considered final, with no opportunity for review, re-evaluation, or redistribution under any circumstances to ensure fairness and consistency in the licensing process.

Key Points:

  • Candidates may attempt a specific exam only three times in a twelve-month period, and those who pass must complete the licensing process within one year or retake the exam.
  • Strict adherence to these examination policies supports public confidence in the regulatory process and licensing framework.
  • Approved study guides and resources are available for purchase, and candidates are strongly advised to prepare thoroughly before taking the exam.

Click here to see VI Insurance Bulletin 2025-04

  • Bulletin
  • Virgin Islands
  • Department of Insurance

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