You must wait 3 days to retake the examination. Since you failed Part 2 (laws), you will only need to take Part 2 again. You have 90 days from the original examination date to pass the part that you failed. Past 90 days, you must take both Part 1 & Part 2.
In order to pass the Illinois Property Insurance Examination, you must pass Part 1 ( General Product Knowledge) and Part 2 (Illinois Statues and Regulations). Part 1 has 50 questions covering types of policies (25 questions); policy provisions, riders and options (12 questions); insurance terms and other insurance concepts( 14 questions); policy provisions & contract
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In order to pass the Illinois Casualty Insurance Examination, you must pass Part 1 ( General Product Knowledge) and Part 2 (Illinois Statues and Regulations). Part 1 has 50 questions covering types of policies (23 questions); policy provisions, riders and options (12 questions); insurance terms and other insurance concepts( 15 questions) plus 10 additional questions
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In order to pass the Illinois Accident and Health Insurance Examination, you must pass Part 1 ( General Product Knowledge) and Part 2 (Illinois Statues and Regulations). Part 1 has 50 questions covering : types of policies (14 questions); policy provisions, riders and options (20 questions); completing the application, taxes, social insurance and other insurance
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In order to pass the Illinois Life Insurance Examination, you must pass Part 1 ( General Product Knowledge) and Part 2 (Illinois Statues and Regulations). Part 1 has 50 questions covering types of policies; policy provisions, riders and options; completing the application, taxes, retirements and other insurance concepts plus 10 additional questions that are not
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During the first two years, the insurance company can challenge a death claim based on health history of insured. Insurers will order a complete medical records, check the physical examinations and other sources of information. In some cases, it will request copies of coroner’s (Medical examiner) reports, and police reports.
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No, Illinois does not allow carryovers for classroom ethics. It does allow up to 12 credit hours over to the next compliance period. Example, your license ends on February 28, 2018 and you renewed your license on February 10. Your new compliance period starts on March 1, 2018 and ends on February 28, 2020. You
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Since Illinois is your home state, you must complete their continuing education requirements before that license expires. You can renewal your nonresident license at the National Insurance Producer Registry and pay their nonresident licensing fees and a $5.00 processing fee.
Original license applications and renewals can be done at the National Insurance Producer Register. Insurance license are issued for a two year period and expire on the last day of the producer’s birth month. There is a $5.00 processing fee. Insurance producer & Limited Lines licenses fees are $215.00* To re-instate a expired license, the
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Unless all of the insurance companies that you are contracted with are assuming financial responsibility for the funds you handle, you will need to maintain a surety bond payable to the People of Illinois and file a completed Insurance Producer/Business Entity Bond (IL446-0152B) with the Department of Insurance. The minimum bond amount is $2,500 or
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