Illinois Life and Health Insurance Agent Exam

Need of a License: An individual who is acting as an agent or producer needs a license to sell life and health insurance in Illinois.

Who Grants a License: Licenses are granted by the Illinois Department of Insurance.

Qualifications to receive a License: Individuals who wish to obtain an insurance license in the State of Illinois must:
 
1. Complete all required education.
2. Be at least eighteen (18) years of age.
3. Be a resident of the state of Illinois.
4. Make a reservation and pay the fee.
5. Pass the examination.
6. Apply for a license.
 
Prelicensing Education: The Illinois Department of Insurance requires that prelicensing education be completed before taking the examination. The Department of Insurance will not issue a license unless confirmation of completion of prelicensing education has been received by the Department of Insurance from the education provider. Candidates are required to present a copy of their current signed prelicense course completion certificate before they are permitted to take the examination. Look up Pre-License Providers here.

Applying for the Producer Exam:  It is highly recommended that the Illinois Insurance Licensing Candidate Handbook be reviewed, and special attention be given to the content outlines (available at www.pearsonvue.com), before taking an examination.
 
The State of Illinois utilizes Pearson VUE to develop and administer its insurance licensing examination program. Pearson VUE is a leading provider of assessment services to regulatory agencies and national associations. Online reservations are the most efficient way for candidates to schedule their examination. Candidates must go to www.pearsonvue.com/il/insurance/ to make an online reservation for an examination. Candidates may call (888) 274-0402 to make an exam reservation by phone.
 
With the exception of the Personal Lines examination, candidates may take up to two examinations at one session.
 
Test Information: Each examination is based on a detailed content outline of topics, subtopics, and references to applicable state laws, statutes and regulations. The Illinois Insurance Licensing Candidate Handbook contains specific content information beyond the following general outlines:
 
Life Examination
 
Part 1: General Product Knowledge, Terms, and Concepts (Total scored questions 50, pretest 10)
i. Types of policies (12)
ii. Policy riders, provisions, options, and exclusions (19)
iii. Completing the application, underwriting and delivering the policy (11)
iv. Taxes, retirement, and other insurance concepts (8)
 
Part 2: Illinois Statutes & Regulations (Total scored questions 31, pretest 8)
i. Illinois statutes & regulations pertinent to all lines of insurance (22)
ii. Illinois statutes & regulations pertinent only to life insurance (9)
 
Accident & Health Examination (Total scored questions 50, pretest 10)
 
Part 1: General Product Knowledge, Terms, and Concepts
i. Types of policies (14)
ii. Policy provisions, clauses, and riders (20)
iii. Social insurance (3)
iv. Other insurance concepts (4)
v. Field underwriting procedures (9)
 
Part 2: Illinois Statutes & Regulations
i. Illinois statutes & regulations pertinent to all lines of insurance (22)
ii. Illinois statutes & regulations pertinent only to health insurance (14)
iii. Illinois statutes & regulations pertinent to managed care (3)
 
When candidates complete the examination, they will receive a score report marked “pass” or “fail.” Candidates who pass the examination will receive a score report that includes information on how to apply for a license. Candidates who fail the examination will receive a score report that includes a numeric score and diagnostic information relating to the general portion of the examination, as well as information about reexamination. Each examination is divided into two parts: the general section and the state section. Candidates who pass one section of the examination and fail the other need retake only the failed section within 90 days. If after 90 days both sections have not been passed, it will be necessary to retake the entire examination. Illinois requires that candidates pass both parts of a major line examination within 90 days to be eligible for licensure. Candidates are responsible for knowing what part of an examination must be retaken, and for monitoring the 90 days.
 
With 70 as the passing score, any score below 70 indicates how close the candidate came to passing, not the actual percentage or number of questions answered correctly.
 
How to Apply for the License: The Department of Insurance will issue a license once the candidate has shown that he/she has met all the following licensing requirements:

• Complete the prelicensing education requirements as reported to the Department by an    education provider
• Pass the required examination
• You must wait 5 days from taking the examination before you can apply for your license.
• After 5 days you may apply for your license at www.nipr.com.
 
Candidates will complete the license application electronically on the examination system just before they begin the examination. Candidates who pass the examination will receive a score report reflecting the responses given, as well as instructions on submitting the NAIC Uniform application to the Illinois Department of Insurance.
 
State Licensing Information:
 
Illinois Department of Insurance
320 West Washington Street
Springfield, IL 62767
www.insurance.illinois.gov
 
Pearson VUE Licensing Information:
 
Pearson VUE
Idaho Insurance
Attn: Regulatory Program
5601 Green Valley Dr.
Bloomington, MN 55437
800-274-0402
 
License Renewal Requirements: Individual Producer licenses must be renewed every two years and there is a continuing education requirement.

Applicable Regulations: Life and health insurance agents in Illinois are regulated by the Illinois Department of Insurance.
 

For more information on life and health insurance agent licensing and exam preparation, go to Tests.com’s Life and Health Insurance Exam Guide.

And take Tests.com’s free Life and Health Insurance Agent Practice Test.

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