PROPERTY AND CASUALTY ILLINOIS
PRACTICE EXAM QUESTIONS AND
ANSWERS WITH COMPLETE
SOLUTIONS 100% CORRECT
GUARANTEED SUCCESS
The head of the Illinois Department of Insurance is the – Answer ✔✔
Insurance Director
An insurance producer who violates a cease and desist order issued by the
Insurance Director may face license suspension or revocation and a maximum fine
of: – Answer ✔✔
$5,000
Which of the following is NOT considered one of the general powers of the
Insurance Director? – Answer ✔✔
Creating and developing insurance education courses
What is the daily penalty that may be charged to a person who fails to comply with
a cease and desist order from the Insurance Director? – Answer ✔✔
The director will conduct examinations of companies not less frequently than every
-ANSWER ✔✔5 years
a licensed insurance producer, limited lines producer, or temporary insurance
producer who is convicted of a felony must report the conviction to the insurance
director within how many days of the judgments entry date -ANSWER ✔✔30
, What is the minimum number of prelicensing study hours required for a producer's
license in casualty insurance -ANSWER ✔✔20 hours
An insurance producer must complete how many hours of continuing education in
each compliance period? -ANSWER ✔✔24 hours
The fine for engaging in unfair trade practice after being issued a cease and desist
order is -ANSWER ✔✔$1,000 per violation
The Illinois producer exam consists of two parts, which must be passed within how
many days of each other -ANSWER ✔✔90 days
A business entity acting as an insurance producer must obtain what kind of
license? -ANSWER ✔✔Insurance producer license
An applicant for an insurance producer's license may be granted a temporary
insurance producer's license that normally expires after how many days? -
ANSWER ✔✔90 days
In the case of a deceased licensed insurance producer, the director may extend a
temporary insurance producer license to the administer or executor for a period not
to exceed a total of how many days? -ANSWER ✔✔180 days
As established by law, the fee for an insurance producer's license is -ANSWER
✔✔$180 every two years
PRACTICE EXAM QUESTIONS AND
ANSWERS WITH COMPLETE
SOLUTIONS 100% CORRECT
GUARANTEED SUCCESS
The head of the Illinois Department of Insurance is the – Answer ✔✔
Insurance Director
An insurance producer who violates a cease and desist order issued by the
Insurance Director may face license suspension or revocation and a maximum fine
of: – Answer ✔✔
$5,000
Which of the following is NOT considered one of the general powers of the
Insurance Director? – Answer ✔✔
Creating and developing insurance education courses
What is the daily penalty that may be charged to a person who fails to comply with
a cease and desist order from the Insurance Director? – Answer ✔✔
The director will conduct examinations of companies not less frequently than every
-ANSWER ✔✔5 years
a licensed insurance producer, limited lines producer, or temporary insurance
producer who is convicted of a felony must report the conviction to the insurance
director within how many days of the judgments entry date -ANSWER ✔✔30
, What is the minimum number of prelicensing study hours required for a producer's
license in casualty insurance -ANSWER ✔✔20 hours
An insurance producer must complete how many hours of continuing education in
each compliance period? -ANSWER ✔✔24 hours
The fine for engaging in unfair trade practice after being issued a cease and desist
order is -ANSWER ✔✔$1,000 per violation
The Illinois producer exam consists of two parts, which must be passed within how
many days of each other -ANSWER ✔✔90 days
A business entity acting as an insurance producer must obtain what kind of
license? -ANSWER ✔✔Insurance producer license
An applicant for an insurance producer's license may be granted a temporary
insurance producer's license that normally expires after how many days? -
ANSWER ✔✔90 days
In the case of a deceased licensed insurance producer, the director may extend a
temporary insurance producer license to the administer or executor for a period not
to exceed a total of how many days? -ANSWER ✔✔180 days
As established by law, the fee for an insurance producer's license is -ANSWER
✔✔$180 every two years
