Obtain Insurance License Illinois
The allowance of webinars and distance learning for prelicensing will end on 8 22 20.
Obtain insurance license illinois. How to get an illinois insurance license. For more information regarding illinois insurance license requirements contact the illinois department of insurance. Illinois insurance license exams. To obtain a resident illinois insurance producer license you must first adhere to the following requirements.
Candidates must complete 20 hours in each line of insurance. Illinois executive order 2020 48 extends executive order 2020 29 to august 22 2020. All candidates seeking an illinois insurance producer license must complete 20 hours of pre license training per line of insurance including 7 1 2 hours of approved classroom training. Securities license requirements any securities professional associated with a member firm including partners officers directors branch managers department supervisors and salespersons must register with the financial.
This pre licensing course will successfully prepare you for the information you will encounter on the exam. You will take one exam for each line of insurance you wish to carry life accident health la h and property casualty p c are a total of four lines. To sell insurance in illinois you must first obtain a producer 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.
Illinois department of insurance requires proof that the navigator federal training was taken before issuing a navigator license for renewal. Here are the steps to get your insurance license. Therefore a life health license will require 40 hours and a property casualty license will require 40 hours. The next step after completing all of your pre license coursework is to take the insurance exam.
In order to obtain an insurance license in the state of illinois you must take a pre licensing course and pass a state proctored exam. An insurance producer who places insurance either directly or indirectly with an insurer with which the insurance producer does not have an agent contract must maintain in force while licensed a bond in favor of the people of the state of illinois executed by an authorized surety company and payable to any party injured under the terms of the bond.
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