Illinois Compiled Statutes 215 Insurance: Article XXXI - Insurance Producers, Limited Insurance Representatives And Registered Firms
- Illinois Insurance Code. - 215 ILCS 5, Section 490.1
(Repealed). (Source: P.A. 83-801. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 491.1
(Repealed). (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 492.2
(Repealed). (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 493.1
(Repealed). (Source: P.A. 83-749. Repealed by P.A. 90-499, eff. 8-19-97.)
- Illinois Insurance Code. - 215 ILCS 5, Section 493.2
(Repealed). (Source: P.A. 85-334. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 494.1
(Repealed). (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 494.2
(Repealed). (Source: P.A. 87-1216. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 495.1
(Repealed). (Source: P.A. 86-600. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 495.2
(Repealed). (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 496.2
(Repealed). (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 497.1
(Repealed). (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 497.2
(Repealed). (Source: P.A. 87-601. Repealed by P.A. 89-265, eff. 1-1-96.)
- Illinois Insurance Code. - 215 ILCS 5, Section 498.1
(Repealed). (Source: P.A. 88-313. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 499.1
(Repealed). (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 500-5
Scope of Article. This Article applies to all persons and insurance companies as defined in this Code. This Article does not apply to surplus...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-10
Definitions. In addition to the definitions in Section 2 of the Code, the following definitions apply to this Article: "Business entity" means a corporation, association,...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-15
License required. (a) A person may not sell, solicit, or negotiate insurance in this State for any class or classes of insurance unless the...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-20
Exceptions to licensing. (a) Nothing in this Article shall be construed to require an insurer to obtain an insurance producer license. In this Section,...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-25
Application for examination. (a) A resident individual applying for an insurance producer license must pass a written examination unless exempt pursuant to Section 500-45....
- Illinois Insurance Code. - 215 ILCS 5, Section 500-30
Application for license. (a) An individual applying for a resident insurance producer license must make application on a form specified by the Director and declare...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-35
License. (a) Unless denied a license pursuant to Section 500-70, persons who have met the requirements of Sections 500-25 and 500-30 shall be issued a...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-40
Nonresident licensing. (a) Unless denied a license pursuant to Section 500-70, a nonresident person shall receive a nonresident producer license if: (1) the person...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-45
Exemption from examination. (a) An individual who applies for an insurance producer license in this State who was previously licensed for the same lines...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-50
Insurance producers; examination statistics. (a) The use of examinations for the purpose of determining qualifications of persons to be licensed as insurance producers has a...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-55
Assumed names. An insurance producer doing business under any name other than the producer's legal name must notify the Director before using the assumed...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-60
Temporary licensing. (a) The Director may issue a temporary insurance producer license for a period not to exceed 180 days and, at the discretion...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-65
Temporary insurance producer license for an applicant. (a) The Director may grant a temporary insurance producer license to an applicant for an insurance producer...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-70
License denial, nonrenewal, or revocation. (a) The Director may place on probation, suspend, revoke, or refuse to issue or renew an insurance producer's license or...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-75
(Repealed). (Source: P.A. 92-386, eff. 1-1-02. Repealed by P.A. 96-1332, eff. 1-1-11.)
- Illinois Insurance Code. - 215 ILCS 5, Section 500-77
Policyholder information and exclusive ownership of expirations. (a) As used in this Section, "expirations" means all information relative to an insurance policy including, but not...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-80
Commissions. (a) An insurer or insurance producer may not pay a commission, service fee, brokerage, or other valuable consideration to a person for selling,...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-85
Notification of termination; immunity; confidentiality. (a) An insurer or authorized representative of an insurer that terminates the appointment, employment, contract, or other insurance business...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-90
Reciprocity. (a) The Director shall waive any requirements for a nonresident license applicant with a valid license from his or her home state, except...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-95
Reporting of actions. An individual who, while licensed as an insurance producer, is convicted of a felony, must report the conviction to the Director...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-100
Limited lines producer license. (a) An individual who is at least 18 years of age and whom the Director considers to be competent, trustworthy, and...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-105
Car rental limited line license for rental companies. (a) A rental company must obtain a producer license or obtain a car rental limited line...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-107
Self-service storage facility limited line license for self-storage facilities. (a) Except as permitted by subsection (j) of this Section, a self-service storage facility must...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-108
Travel insurance business entity license. (a) As used in this Section: "Offering and disseminating" means the following: (1) Providing information to a prospective or current...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-110
Regulatory examinations. (a) The Director may examine any applicant for or holder of an insurance producer license, limited line producer license or temporary insurance...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-115
Financial responsibilities. (a) Any money that an insurance producer, limited line producer, temporary insurance producer, business entity, or surplus line producer receives for soliciting,...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-120
Conflicts of interest; inactive status. (a) A person, partnership, association, or corporation licensed by the Department who, due to employment with any unit of...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-125
Controlled business. (a) An insurance producer license may not be granted or extended to any person if the Director has reasonable cause to believe:...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-130
Bond required of insurance producers. (a) An insurance producer who places insurance either directly or indirectly with an insurer with which the insurance producer...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-135
Fees. (a) The fees required by this Article are as follows: (1) a fee of $180 for a person who is a resident of Illinois,...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-140
Injunctive relief. A person required to be licensed under this Article but failing to obtain a valid and current license under this Article constitutes...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-145
Rules. The Director may, in accordance with Section 401 of this Code, promulgate reasonable rules as are necessary or proper to carry out the...
- Illinois Insurance Code. - 215 ILCS 5, Section 500-150
Severability. The provisions of this Article are severable under Section 1.31 of the Statute on Statutes. (Source: P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 500-155
Disclosure. A policy the solicitation of which involves an insurance producer, limited insurance representative, or temporary insurance producer must identify the name of the producer,...
- Illinois Insurance Code. - 215 ILCS 5, Section 500.1
(Repealed). (Source: P.A. 85-334. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 501.2
(Repealed). (Source: P.A. 83-801. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 502.2
(Repealed). (Source: P.A. 83-801. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 503.1
(Repealed). (Source: P.A. 83-801. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 504
(Repealed). (Source: P.A. 83-1007. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 504.1
(Repealed). (Source: P.A. 83-1299. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 505.1
(Repealed). (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 505.2
(Repealed). (Source: P.A. 86-905. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 506.1
(Repealed). (Source: P.A. 83-1299. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 507.1
(Repealed). (Source: P.A. 88-313. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 507.2
Policyholder information and exclusive ownership of expirations. (a) As used in this Section, "expirations" means all information relative to an insurance policy including, but...
- Illinois Insurance Code. - 215 ILCS 5, Section 508.1
(Repealed). (Source: P.A. 85-334. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 508.2
(Repealed). (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 509.1
(Repealed). (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 510.2
(Repealed). (Source: P.A. 91-234, eff. 1-1-00. Repealed by P.A. 92-386, eff. 1-1-02.)
- Illinois Insurance Code. - 215 ILCS 5, Section 511.1
(Repealed). (Source: P.A. 84-548. Repealed by P.A. 92-386, eff. 1-1-02.)
Last modified: February 18, 2015