Prelicensing education is valid for one year from the date of completion you will need to take and pass your state exam within this timeframe. After passing the Certification Exam with a 70% or greater. The Certification Exam must be monitored by a disinterested third party (someone who is not a friend, family member, or financial connection to you). To satisfy the requirements for your course, you will need to pass a Certification Exam. If you would like to sell insurance in Colorado, you must complete an approved line of prelicensing education and pass the state licensing exam. Complete a Prelicensing Course with Exam FX