What is the Required Minimum Distribution (RMD)?
Required Minimum Distribution (RMD) Last trading day this year is December 29 and account balances of that date must be used …
Read MoreWhat is the Gramm-Leach-Bliley Act (GLBA)?
President Clinton signed into law the Gramm-Leach-Bliley Act(GLBA) (P.L. 106-102) on November 12, 1999. GLBA requires state insurance regulators to issue rules protecting the …
Read MoreCan I get licensed if I am a convicted felon?
The following information covers this topic in general terms. Illinois will consider licensing convicted felons in some cases. Those standards …
Read MoreWhat are the coverage limits under the state guaranty fund in case an life insurer files for bankruptcy?
Each state sets the amount of coverage provided by their guaranty association and the amounts differs from state to state. The majority …
Read MoreIllinois Required Viatical Training for Brokers
Residents To obtain your broker’s license you must have been licensed as a life insurance producer for at least 12 …
Read MoreRequired Flood Insurance Training
The Flood Insurance Reform Act of 2004, Section 207 includes a one-time three hour continuing education requirement for those producers working with the …
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