Term
A producer who allows license to lapse may..
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within 12 months after the due
date of the renewal fee, be within 6 months after the due date
issued a license without of the renewal fee, be issued a
passing the written license without any requirements
examination
within 24 months after the due date within 3 months after the due date
of the renewal fee, be issued a of the renewal fee, be issued a
license with additional fees license with a mandatory interview
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2 of 21
, Definition
-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
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A licensed producer who is
convicted of a felony must report
Who appoints the director of
such conviction to the Director
insurance?
within how many days of the
judgements entry date?
A producer who allows license to
Cease and Desist Order
lapse may..
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3 of 21
Term
The illinois insurance producer exam consists of 2 parts, which must
be passed within ___ days of each other
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