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In this video, Melissa, the "insurance exam queen," discusses parts of an insurance policy relevant for insurance exams. She highlights that these topics often fall under the "property and casualty basics" for Prometric exams or "policy provisions and contract law" for Pearson exams. To determine the testing provider, she advises candidates to Google their state insurance exam schedule, which will lead them to the appropriate site (Prometric or Pearson). Melissa also notes that PSI follows either Pearson or Prometric guidelines, emphasizing the importance of understanding these policy components as they are crucial for the exam.