LATEST PROPERTY AND CASUALTY ILLINOIS
STUDY GUIDE EXAM WITH ANSWERS
An insurance producer must complete how many
hours of continuing education in each compliance
period? - answer-24 hours
The fine for engaging in unfair trade practice after
being issued a cease and desist order is - answer-
$1,000 per violation
The head of the Illinois Department of Insurance is the
- answer-Insurance Director
An Insurance Producer who violates a cease and
desist order issued by the head of the insurance
department may have his license suspended or
revoked and be fined a maximum penalty of - answer-
$5,000
, Which of the following is NOT included in the general
powers of the insurance director? - answer-
Developing and writing insurance education courses
What is the daily fine that may be assessed against a
person who disobeys a cease and desist order of the
insurance director - answer-$100
The director will conduct examinations of companies
not less frequently than every - answer-5 years
a licensed insurance producer, limited lines producer,
or temporary insurance producer who is convicted of
a felony must report the conviction to the insurance
director within how many days of the judgments entry
date - answer-30
What is the minimum number of prelicensing study
hours required for a producer's license in casualty
insurance - answer-20 hours
STUDY GUIDE EXAM WITH ANSWERS
An insurance producer must complete how many
hours of continuing education in each compliance
period? - answer-24 hours
The fine for engaging in unfair trade practice after
being issued a cease and desist order is - answer-
$1,000 per violation
The head of the Illinois Department of Insurance is the
- answer-Insurance Director
An Insurance Producer who violates a cease and
desist order issued by the head of the insurance
department may have his license suspended or
revoked and be fined a maximum penalty of - answer-
$5,000
, Which of the following is NOT included in the general
powers of the insurance director? - answer-
Developing and writing insurance education courses
What is the daily fine that may be assessed against a
person who disobeys a cease and desist order of the
insurance director - answer-$100
The director will conduct examinations of companies
not less frequently than every - answer-5 years
a licensed insurance producer, limited lines producer,
or temporary insurance producer who is convicted of
a felony must report the conviction to the insurance
director within how many days of the judgments entry
date - answer-30
What is the minimum number of prelicensing study
hours required for a producer's license in casualty
insurance - answer-20 hours
