What is a contestable period of a life insurance policy?
During the first two years, the insurance company can challenge a death claim based on health history of insured. Insurers …
Read MoreWhat is the NAIC (National Association of Insurance Comissoners)?
The NAIC is made up of all of the insurance regulators in the United States and its’ territories. It’s role …
Read MoreCan I carryover my Illinois ethics classroom credits?
No, Illinois does not allow carryovers for classroom ethics. It does allow up to 12 credit hours over to the …
Read MoreMy nonresident license is up for renewal this month and I am an Illinois resident, what do I need to do?
Since Illinois is your home state, you must complete their continuing education requirements before that license expires. You can renewal …
Read MoreWhat are the licensing fees in Illinois?
Original license applications and renewals can be done at the National Insurance Producer Register. Insurance license are issued for a …
Read MoreI am an independent producer living in Illinois, Do I need to be bonded?
Unless all of the insurance companies that you are contracted with are assuming financial responsibility for the funds you handle, …
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