Licensing

Someone with a Personal Lines can sell what?

This type of line means the individual can sell only personal homeowners, renters, boat insurance, motor cycle, recreational vehicles and auto policies. The individual cannot sell or insure farm, commercial or business policies. To be able to sell farm, commercial or business policies the individual must acquire their Property/ Casualty license. An example:  Joe wants …

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Does the State of Illinois offer a finance plan for renewal license fee?

No the State of Illinois does not offer a payment or financial plan. For example: If the individual in question had their license expired a year ago in September, the individual failed to complete the C.E. requirements, did not have the money to pay the license renewal amount and  therefore failed to renew license they …

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How long do I have to apply for my Illinois insurance license after completing the pre-licensing and passing the state examination?

You must be licensed prior  to one year of completion of your pre-licensing classes, or passing the state exam.  Failure to do so, will result in you completing the pre-licensing classes again.  If you wait too long, you will need to complete the pre-licensing and testing requirements again.

How many questions are there on the Illinois Property (Fire) Insurance Examination?

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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How many questions are there on the Illinois Accident and Health Insurance Examination?

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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How many questions are there on the Illinois Life Insurance Examination?

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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My 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 your  nonresident license at the National Insurance Producer Registry and pay their nonresident licensing fees and a $5.00 processing fee.