The following are regulatory updates pertaining to producer licensing and license reinstatement fees:

Illinois Statutes and Regulations Common to All Lines

B. License and Registration

2. Obtaining a License

License Fees — dollar amounts changed

The following are the required fees for obtaining and maintaining insurance licensing:

• $50 application fee to process a request to take the written examination for an insurance producer license;
• Every 2 years:
• $215 for a resident insurance producer license ($180 prior to July 1, 2021);
• $380 for a nonresident insurance producer license ($250 prior to July 1, 2021);
• $150 for a business entity;
• $50 for a self‑service storage facility limited line license;
• $200 for a limited lines license other than those listed in the limited lines producer section;
• $50 for the issuance of a temporary license;
• $50 annual fee for a limited lines producer license;
• $50 certification fee for each certified prelicensing or continuing education course, and $20 annual fee for renewing the certification of each course.

3. Maintaining a License

Reinstatement — dollar amounts changed

An insurance producer who allows his or her license to lapse can be issued a license without having to pass a written exam if the producer renews it within 12 months after the renewal fee was due. A penalty, double the amount of the renewal fee (total of $430), will be required before the license is issued. Reinstatement fee for nonresident licenses is $760.