What Are The Licensing Fees?

The following is a list of fees mandated by the Illinois Insurance Code.

	Eff. 1/1/2001
Resident Producer License	$150.00/2 yr.
NonResident Producer License	$150.00/2 yr.
Renewal Fee for Resident and NonResidents	$150.00/2 yr.
Late/Reinstatement Fee (in addition to license fee)	$50.00
Temporary License Fee	$25.00
Corporation/Partnership Registration Fee	$50.00/2 yr.
Renewal Fee Corporation/Partnership Registration	$50.00/2 yr.
Late/Reinstatement Fee Corporation/Partnership	$15.00
Certification/Clearance Letters (per letter)	$10.00
Corporation/Partnership Premium Finance License	$200.00
Individual Premium Finance License	$200.00
Third Party Administrator License	$100.00
Third Party Prescription Program	$50.00
Public Adjuster License	$30.00
Public Adjuster Firm Registration	$20.00
Viatical Settlement Provider LicenseNew	$1,500.00
Viatical Settlement Provider Renewal	$750.00
Employee Leasing Company	$500.00
Health Care Purchasing Group	$100.00
Health Care Purchasing Group Sponsor	$100.00

Other Illinois Insurance FAQs

Q: Where Can I Obtain Insurance Licensing Information?
A: You may obtain licensing information from the Illinois Department of Insurance: Illinois Department of Insurance 320 West Washington Street Springfield, Illinois … More
Q: Is Any Pre-Licensing Education Required?
A: You must first complete the prelicensing education requirement of 15 hours per line of authority; i.e., Life (Class1 (a), Accident/Health (Class 1(b) or 2(a)), Fire … More
Q: Are There Any Pre-Licensing Examinations That I Must First Take?
A: Yes. Assessment Systems Inc. or ASI is the Administrator of insurance licensing examinations in Illinois. Candidates may make a reservation by: calling ASI Customer … More
Q: How Do I Proceed After I Take The Examination?
A: If you pass the licensing examination you will be given a license application and instruction sheet by Assessment Systems, Inc. (A.S.I.), the test administrator. … More
Q: How Can I Obtain The Required Forms For Insurance Licensing?
A: Insurance Producer Forms and Other Licensing Forms are available from the Department of Insurance Website. If additional forms are needed, you can contact the … More
Q: What Are The Requirements If I Am A New Resident Of Illinois Previously Licensed In Another State?
A: If you are applying for an Illinois resident producer license and are licensed in another state, you may be exempt from certain Illinois examination and educational … More
Q: What Do I Do To Become A Non-Resident Licensee?
A: You must complete the Uniform Application for Individual NonResident License or Uniform Application for Business Entity NonResident License/Registration. … More
Q: What Do I Do If I Have An Address Change?
A: The holder of an insurance producer license or business entity registration is required to inform the Department of Insurance of a change of residential address within … More
Q: What Do I Need From The Illinois Department Of Insurance If I Want To Become Licensed In Another State?
A: A Letter of Certification is needed if you plan to apply as a nonresident in another state. A Clearance letter is used when you are moving to another state and it … More