Licensing

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

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

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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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My nonresident license is up for renewal this month and I am an Illinois resident, what do I need to do?

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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.

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What are the licensing fees in Illinois?

Accident Health License, Annuity Producers, Casualty, Illinois, Insurance licensing, Licensing, Life Producers / newadventureweb

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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I am an independent producer living in Illinois, Do I need to be bonded?

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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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Can I get licensed if I am a convicted felon?

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The following information covers this topic in general terms. Illinois will consider licensing convicted felons in some cases. Those standards can be found in Section 2403.30 under Director of Insurance, Hearings and Review. As a general rule, individuals that have been convicted of a violent crimes or sex offenders, crimes involving insurance, fraud, or considered

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What does it take to becoming a licensed insurance agent/producer in Illinois?

Accident Health License, Casualty, Education, Illinois, Licensing, Life Insurance Licensing Test, Life Producers, Property License / newadventureweb

Here are the steps to get your insurance license: Complete 20 hours of pre licensing training with 7 1/2 hours being in a classroom for each line of authority ( Life, Accident, Casualty & Fire (property)) with an Illinois approved pre-licensing provider Schedule and pass the state proctored examination. You schedule your examination with pearsonvue. The

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