How to Obtain an Illinois Insurance Broker’s License

| May 5, 2010

Individuals who wish to earn commissions by selling insurance in the sate of Illinois must obtain an insurance producer or broker’s license.

The Illinois Department of Insurance requires all of its insurance brokers, agents, and producers to gain the necessary education and pass the state licensing exam in order to obtain a license. The number of pre-licensing education hours required depends on the type of license sought. Because of the in-class requirement, candidates cannot complete the education requirement entirely online.

Licensing Education Requirements

Applicants must complete at least 20 education hours required per line of authority and at least 7 ½ hours of the required courses must be completed in a classroom environment. Topics such as life, accident, health, property, casualty, personal lines or motor vehicles are considered a line of authority.

In order to find approved educators, visit the Illinois Department of Insurance website and access the Producer Education Look up page. Here applicants can select the lines of authority and a convenient location for taking the classes. Depending on the class/location, the Department of Insurance will provide a list of several educators to choose from.

Taking Illinois State Producer Exam

After successfully completing the education requirements, candidates may schedule a date to take the state licensing exam. Applicants will not be allowed to take the exam unless they are able to show proof of successfully completing the pre-licensing education requirements.

Passing the state exam is not a shoe in for becoming an Illinois insurance producer. After passing the exam Pearson Vue, the exam administrator, will send an instruction sheet for completing the licensing application. Do not lose the instructions because the state of Illinois does not issue duplicate instructions.

Applying for Producer License

To apply for the Illinois producer license, applicants have to download the NAIC Uniform Application for Individual Producer License/Registration form, complete it and mail the original to the state Department of Insurance along with the Pearson Vue picture application. Make sure to enclose the appropriate fee. As of this writing the licensing fee is $180. However, since fees are subject to change its best to check with the Illinois Department of Insurance website for the most up-to-date fee schedule.Insurance Producer

A Few Licensing Tips

  • Before mailing the application, touch base with the pre-licensing educator to make sure the necessary proof of course completion was sent to the Department of Insurance. The Department of Insurance will not issue a producer’s license without proof of course completion.
  • Do not send photocopies or a duplicate licensing application. The Illinois Department of insurance accepts originals only.

Retaking the Licensing Exam

Applicants who do not successfully pass the exam will receive their test scores along with information for rescheduling the exam.

For detailed information and particulars for taking and passing the Illinois insurance licensing exam, candidates should download a free copy of the Insurance Licensing Candidate Handbook. The 25 page handbook provides detailed information and is a must have for anyone going through the licensing process.

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Category: Illinois, Licensing

About the Author ()

Felicia A. Williams is a wife, mother, freelance writer and owner of Tidbits About Money.

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