How do i get a license to sell insurance

Getting your illinois insurance license is the first step to becoming an insurance agent in illinois. Whether you’re interested in selling property and casualty insurance, life insurance, health insurance, or any combination of those lines of authority, this article has the information you need to get started.

the illinois insurance department has a 5-step process on how to become an insurance agent in illinois. we will guide you step by step; from the license application to insurance exam preparation, the illinois insurance exam and more.

Reading: How do i get a license to sell insurance

This guide has everything you need to know to get your il insurance license quickly and easily.

how to get your illinois insurance license

Getting your insurance license in Illinois is easy! just follow our step by step guide. Be sure to bookmark this page so you can visit it again during this process.

step 1. what insurance licenses do you need?

The first step in obtaining your insurance license is choosing which licenses you need. The most common licenses new insurance agents obtain are owned & accident license (p&c), life and medical insurance license (l&h).

The types of insurance products and policies you will sell will determine which licenses you need. Here are some examples of the types of policies you can market with each license:

  • property and casualty insurance license – auto insurance, home insurance, business insurance, etc…
  • life and health insurance license – life insurance, annuities, medicare, health insurance, etc…
  • Most insurance agents and producers choose to obtain personal injury and personal injury licenses, but if you plan to specialize in only one category, then you don’t need all the licenses.

    Insurance adjusters require a separate license. More information on becoming an insurance adjuster can be found here: Illinois Insurance Adjuster License

    step 2. illinois insurance pre-licensing education

    After you’ve determined which licenses you need, you must now take your Illinois insurance pre-licensing education courses.

    Most people choose to take their insurance pre-licensing course online. these courses are created specifically to give you the skills you need to pass the exam. the types of licenses you choose (also known as “lines of authority”) will determine which courses you take.

    Each line of authority in illinois requires twenty (20) hours of pre-licensing education. This means that if you want to obtain a property and casualty license, you must take forty (40) hours of pre-licensing, and life, accident and health must also take forty (40) hours.

    illinois requires that the 20 hours of pre-licensing education be completed in a physical classroom or live webinar.

    You will receive a certificate upon completion of the course. keep this certificate, as you will need it when you take your exam.

    step 3. illinois insurance license exam

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    The next step after completing all the pre-licensing courses is to take the insurance exam. will carry out an exam for each line of insurance you wish to take out. life, accident, & health (la&h) and property & sinister (p&c) are a total of four lines. Pearson Vue in Illinois offers these four exams in two consecutive exams, so you will essentially take four exams, but if you pass them on your first try, you only have to take the exams twice. this option does not shorten exams, but allows you to save the fee for an exam session.

    You must pass your exams within one year of completing your pre-licensing education course. illinois offers what is called “partial pass” for these exams. this means that if you take one of the exams and pass one part but not the other, you will receive a waiver of the parts you have passed on your next exam attempt. if you pass one part of an exam, you have ninety (90) days to pass the other part of the exam.

    This is a proctored test, which means you will be in a controlled environment with a person watching you. For people who have not tested in a situation like this, they should be aware of this fact and work to control their nerves before taking the test.

    the fee for each exam attempt is $103 for each “consecutive producer exam” (p&c and la&h). When you show up, you must have two (2) forms of identification, including a photo ID and the original pre-licensing education certificate. each “consecutive” exam will consist of four (4) parts. a summary of each exam is available in this pdf from pearson vue.

    You must get a score of “70” on each exam to pass. Learn more about testing and scoring in the Pearson Vue Illinois Insurance License Candidate Handbook.

    see our insurance exam guide. it’s extremely in-depth and will hopefully help you pass the first time.

    The insurance license tests are intentionally difficult, but not impossible by any means. you should study to the point where you are comfortable with the information before attempting the exam. failing the exam is not the end of the world, but keep in mind that you will have to pay the fee every time you try to take the exam.

    You can register to take your exams and find more information on the pearson vue illinois website.

    step 4. illinois insurance license application

    Once you have completed your exams, you are ready to apply for your license. If you have more than one line of authority for which you have passed the exam, be sure to apply for all of those lines.

    You must wait five (5) days after passing your exam to apply for your license.

    The fee for an online application is $180 plus a $5 service fee for a total of $185. when adding lines of authority to your license, you will only pay the $5 service fee, not the full $185 each time.

    Fill out your application online at the Nipr Illinois website.

    step 5. application review

    Once you have submitted your application and met all other requirements, the state will review your license application. The background check on the application will also be reviewed.

    If everything is within acceptable standards, your license should be issued within three (3) days. If there are items from your background check that need to be reviewed, it can slow down the issuance process. if this is the case, the state may contact you to provide context for the issues they have encountered.

    You should receive an email informing you of the acceptance of your license. If three (3) days pass after you submit your application and you have not received an email, please contact the Illinois Insurance Licensing Office at 217-782-4515.

    congratulations!

    You did the work, put in the time and effort, and now you have the key to your own success! we are proud of you. take five (5) minutes and celebrate.

    after you get your illinois insurance license

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    once you have passed your exams and completed your license application, you are now a licensed insurance agent in illinois. A common question we hear is, “I have my insurance license, now what?” here are some things you can do or need to know:

    • get a job in the insurance field. check out the staterequirement insurance jobs board.
    • If you are going to sell advanced life insurance products, you will need to have the appropriate securities licenses. Series 6, 7, and 63 are the most common among insurance agents, but you’ll need to start with the SIE (Securities Industry Basics) exam. find out which licenses you need with our guide to stock licenses.
    • every two years, you will need to renew your insurance license. see our guides on illinois insurance license renewal and illinois insurance continuing education for more details.
    • illinois department of insurance contact information

      mailing address:illinois insurance department 320 west washington streetspringfield, illinois 62767-0001

      phone: (217) 782-4515

      fax: (217) 782-5020

      email: [email protected]

      website: http://insurance.illinois.gov

      license search: search and search for illinois insurance licenses

      illinois insurance license frequently asked questions

      how long is the insurance license period in illinois?

      learn how to get an insurance license renewal here: illinois insurance license renewal

      how long does it take to get an insurance license in illinois?

      2-8 weeks. Most of the time is spent studying for your Illinois insurance exam. some people study for as little as a week and feel comfortable taking the test. We recommend that you take the time you need to get comfortable with the material. see our guide: how to pass the insurance exam

      how much does illinois insurance license cost?

      The total cost of your insurance course, application and exam will be around $375. if you don’t pass the exam the first time, add $103 for each subsequent attempt.

      how do i get a life insurance license in illinois?

      Follow the steps above. The licensing process is the same for all insurance agent and producer licenses.

      how do i get a property casualty license in illinois?

      Follow the steps above. The licensing process is the same for all insurance agent and producer licenses.

      do i need business insurance in illinois?

      If you’re operating an illinois-based business, you probably need illinois business insurance to protect your assets and operate safely.

      The information on this page has been compiled from a multitude of sources and was last updated in September 2022.

      the information on this site is not guaranteed or guaranteed to be correct, accurate or up-to-date. staterequirement and its members and affiliates are not responsible for any loss, monetary or otherwise. staterequirement is not affiliated with any state, government, or licensing agency. For more information, contact your state insurance authority.

      When readers purchase services discussed on our site, we often earn affiliate commissions that support our work. learn more

      See also: How to reduce car insurance for first time drivers