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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

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