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Life and Health Insurance Producer Exam

Licensing (IL): practice questions

Our Life & Health Insurance bank has 11 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Illinois

What is the minimum age at which the Director may approve an individual for a resident insurance producer license in Illinois?

  1. At least 18 years of age
  2. At least 21
  3. At least 19 years old
  4. At least 16, with written parental consent
Show the answer

A. At least 18 years of age — 215 ILCS 5/500-30(a)(1).

Question 2 · Illinois

An Illinois producer lets the license lapse for nonpayment. What may the producer do without retaking the written exam?

  1. Reinstate at any time through a new insurer appointment
  2. Reinstate within 12 months of the fee due date by paying double the unpaid renewal fee
  3. Reinstate within 6 months with no penalty
  4. Reinstate within 24 months by paying a flat $100 fee and completing all missed CE plus ethics
Show the answer

B. Reinstate within 12 months of the fee due date by paying double the unpaid renewal fee — 215 ILCS 5/500-35(d).

Question 3 · Illinois

For how long may the Director issue a temporary producer license to the surviving spouse of a deceased Illinois producer?

  1. Until probate closes
  2. Up to 1 year, renewable once
  3. Up to 90 days, with no renewal
  4. Up to 180 days, renewable for another 180 days
Show the answer

D. Up to 180 days, renewable for another 180 days — 215 ILCS 5/500-60(a)(1).

Question 4 · Illinois

For what term is an Illinois resident insurance producer license issued?

  1. One year, renewed on the producer's birthday
  2. Three years, staggered by last name
  3. Four years
  4. Two years
Show the answer

D. Two years — 215 ILCS 5/500-35(a).

Question 5 · Illinois

Within how many days after a change of address must an Illinois licensee inform the Director?

  1. 30 days
  2. 5 days
  3. 10 days after moving
  4. 60 days, or at the next renewal if sooner
Show the answer

A. 30 days — 215 ILCS 5/500-35(g).

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