practice exam with certified
solutions
The head of the Illinois Department of Insurance is
the - Ans>>>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 -
Ans>>>$5,000
Which of the following is NOT included in the
general powers of the insurance director? -
Ans>>>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 - Ans>>>$100
The director will conduct examinations of
companies not less frequently than every -
Ans>>>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 - Ans>>>30
What is the minimum number of prelicensing study
hours required for a producer's license in casualty
insurance - Ans>>>20 hours
An insurance producer must complete how many
hours of continuing education in each compliance
period? - Ans>>>24 hours