ILLINOIS PROPERTY PRODUCER STATE EXAM 2026
NEWEST EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS LATEST UPDATES (100% VERIFIED ANSWERS)
ALREADY GRADED A+
Who appoints the director of insurance? - ANSWERS-governor
Cease and Desist Order - ANSWERS--Hearings will be held between 20 and 30 days from the
date of the hearing notice
-The notice must state the nature of the violation
FINES
-Offenders who violate a cease and desist order
-up to $100 per day
-maximum $5,000
The director will conduct examinations of companies not less frequently than every -
ANSWERS-5 years
Daily fine that may be assessed against a person who disobeys a cease and desist order -
ANSWERS-$100
Change of Address - ANSWERS-30 days
, Non-resident person - ANSWERS-Receive nonresident producer license if, in their home state,
they are currently licensed as a resident and in good standing
Temporary Insurance producers - ANSWERS-180 days without requiring an examination
Temporary licenses for insurance producer applicants - ANSWERS--90 days
-may not hold more than one temporary producer license during lifetime
Producer License Fees - ANSWERS-$215- Resident
$380- Non resident
Temporary Insurance Producers License Fee - ANSWERS-$50
Business entity registration fee - ANSWERS-$150 every 2 years
A producer who allows license to lapse may.. - ANSWERS-within 12 months after the due date
of the renewal fee, be issued a license without passing the written examination
Continuing Education - ANSWERS--24 Hours
-3 Hours: Ethics
How long are producers required to keep a record of each continuing education course -
ANSWERS-3 years after it is completed
The illinois insurance producer exam consists of 2 parts, which must be passed within ___
days of each other - ANSWERS-90 days
NEWEST EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS LATEST UPDATES (100% VERIFIED ANSWERS)
ALREADY GRADED A+
Who appoints the director of insurance? - ANSWERS-governor
Cease and Desist Order - ANSWERS--Hearings will be held between 20 and 30 days from the
date of the hearing notice
-The notice must state the nature of the violation
FINES
-Offenders who violate a cease and desist order
-up to $100 per day
-maximum $5,000
The director will conduct examinations of companies not less frequently than every -
ANSWERS-5 years
Daily fine that may be assessed against a person who disobeys a cease and desist order -
ANSWERS-$100
Change of Address - ANSWERS-30 days
, Non-resident person - ANSWERS-Receive nonresident producer license if, in their home state,
they are currently licensed as a resident and in good standing
Temporary Insurance producers - ANSWERS-180 days without requiring an examination
Temporary licenses for insurance producer applicants - ANSWERS--90 days
-may not hold more than one temporary producer license during lifetime
Producer License Fees - ANSWERS-$215- Resident
$380- Non resident
Temporary Insurance Producers License Fee - ANSWERS-$50
Business entity registration fee - ANSWERS-$150 every 2 years
A producer who allows license to lapse may.. - ANSWERS-within 12 months after the due date
of the renewal fee, be issued a license without passing the written examination
Continuing Education - ANSWERS--24 Hours
-3 Hours: Ethics
How long are producers required to keep a record of each continuing education course -
ANSWERS-3 years after it is completed
The illinois insurance producer exam consists of 2 parts, which must be passed within ___
days of each other - ANSWERS-90 days
