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Common Questions
Q: Why is a Social Security Number required?
A; You are required to supply your Social Security numbers in connection with your application for an insurance license to comply with federal law as set out in 42 U.S.C. ยงยง 450(c)(2)(C)(i), 654, and 666
Q:What does it take to get an insurance license?
A: In Illinois, you must complete a pre-licensing course and pass the state examination for the line of insurance that you want to sell."e; In Missouri, you must pass the examination
Q:What are the lines of insurance?
A: The 4 major lines are life, accident and health, property (fire) and casualty.
Q:How do I sign up for a pre-licensing class?
A: Call us at 618-233-1228 or email us at ecuinc@aol.com
Q:Is there a special requirement to sell Long Term Care Insurance?
A: In order to sell Long Term Care Partnership Insurance, you must complete an initial 8 hours training course and, on each renewal, complete 4 hours on Long Term Care Insurance effective July 1, 2008 for all new licensees. Established producers have until July 1, 2009 to complete the initial training for Illinois. Other states have the same requirement, just different dates.
Q:Is there a requirement to sell Flood insurance?
A: You must complete a 3 hours course on flood insurance in any state.
Q.What is the National Producer number and how to I get one?
A. The national producer number (NPN) is a number that is assign to each producer. This number is being used in most state in place of your social security number and will identify you in the states where you are a nonresident producer.Click Herefor more information.
Q:I didn't get my renewal notice, what do I do?
A: In most cases, it was because you moved and didn't notify the Insurance Director. Send the Insurance director an email or letter with your new address or call.
Q.How do I meet the continuing education requirement?
A: You can attend a seminar, do a self- study or complete a course online. Each state is different, so check with your Department of Insurance. You need only to complete the continuing education in your home state. Check our site for available courses
Q.I got my license renewal and there is something about ethics classroom training, what is that about?
A. Effective January 1, 2010, Illinois (other states) require 3 hours of classroom ethics training before insurance licenses will be renewed. Failure to complete this training will result in cancellation of license can could subject extra charges to renew licenses after cancellation and completion of the ethics requirement.
Q.I want to get licensed to sell insurance in Illinois, what must I do?
A. You must complete a pre licensing course of 20 hours with 7.5 hours of classroom training for each line of insurance that you want to sell. We will provide you with a certificiate of completion to take the testing center. 2nd Step, you must register for and pass the state examination. 3rd step, you must complete and mail the NAIC uniform iApplication for Individual Producer to the Department of Insurance with your payment of $180.00.
Q.How do I get a nonresident license?
A. Complete the Uniform Application for Individual Producer License.Click Herefor more information.
Q.How do I get a license to sell mutual funds & variable products?
A. Step 1-complete a U-4 Form, get fingerprinted and turn in to your broker-dealer. Step 2-Contact us to attend a seminar or click on our site to order the series 6 & 63 materials or check our schedule. Step 3- Pass the exams.
Q:What is the requirement to sell Long Term Care insurance?
A: You must complete an initial 8 hours course on long term care insurance in any state. At each lincense renewal, you must complete an additional 4 hours on LTC insurance.
Q:Is there a requirement for Ethics training?
A: You must attend a 3 hours course on ethics. Our schedule of Ethics courses can be found on our home page.
Q:Why has Education Concept raised their fees?
A: Illinois Department of Insurance is charging $1.00 per hour for a reporting fee to us.
Q:What is a Illinois requirement for Viatical Settlement Brokers training?
A: Effective July 1, 2010, You must complete a 4 hour course (online, classroom or textbook) on Viatical Settlements that can be found on our home page |