The LIMRA test is a personality test used to gauge knowledge and professionalism in regards to insurance. There are no wrong answers. Ideally, companies asking for a completed test are looking for self-starters who require little or no supervision. According to LIMRA itself, the test is a performance skills index.
In studies performed by LIMRA, roughly 70 percent of test takers pass the insurance IQ test. Those who pass the test, according to LifeHealthPRO, have previous knowledge from working in the insurance industry. The ideal way to pass this test is to select the answers that show strength in character, decision-making skills and general knowledge of the industry.