Illinois Insurance Regulations Practice Questions — Page 3 of 5
225 free Illinois-specific insurance regulation questions for the Illinois Life & Health exam — page 3.
- 101.Which Illinois administrative rule establishes specific time standards for insurers' handling of claims?Difficulty 1/5IL specific
- 102.An applicant for an Illinois insurance producer license discloses a prior felony conviction. Under 215 ILCS…Difficulty 2/5IL specific
- 103.An individual life insurance policy issued in Illinois must give the policyowner a grace period for late pr…Difficulty 1/5IL specific
- 104.A business entity applies for an Illinois insurance producer license. Under the Illinois fee schedule in 21…Difficulty 1/5IL specific
- 105.The definitions and standards in the Illinois minimum-standards regulation apply to which coverage?Difficulty 1/5IL specific
- 106.An Illinois replacing insurer receives an application that indicates the new policy will replace existing l…Difficulty 2/5IL specific
- 107.An Illinois insurer is financially troubled but has not been placed in liquidation. What actually triggers …Difficulty 2/5IL specific
- 108.An Illinois producer recommends a large deferred annuity to a consumer after asking nothing about the consu…Difficulty 3/5IL specific
- 109.Which Illinois administrative rule specifically governs the advertising of accident and health insurance po…Difficulty 1/5IL specific
- 110.After an Illinois producer's death, the surviving spouse is issued a temporary insurance producer license t…Difficulty 1/5IL specific
- 111.An Illinois producer both places newspaper advertisements for a term life product and sits with applicants …Difficulty 3/5IL specific
- 112.Which citation correctly identifies the Illinois Health Insurance Portability and Accountability Act?Difficulty 1/5IL specific
- 113.An Illinois producer emails several local agencies claiming that the principal of a competing agency commit…Difficulty 2/5IL specific
- 114.Which administrative rule sets the content standards for life insurance advertisements used in Illinois?Difficulty 1/5IL specific
- 115.A policyholder's Medicare supplement issuer has an authorized affiliate company. Effective January 1, 2026,…Difficulty 3/5IL specific
- 116.To qualify for an Illinois life or accident and health producer license, a candidate must pass the state's …Difficulty 3/5IL specific
- 117.Under 215 ILCS 5/500-125, which of the following is controlled business?Difficulty 1/5IL specific
- 118.A producer sells a transaction that is exempt from the policy summary requirement of the Illinois life soli…Difficulty 3/5IL specific
- 119.An insurer's home-office employee in Springfield performs several tasks for the company. Under 215 ILCS 5/5…Difficulty 2/5IL specific
- 120.Before recommending an annuity to a consumer in Illinois, what does the suitability framework require of th…Difficulty 2/5IL specific
- 121.Which Illinois administrative rule prescribes the minimum standards that individual accident and health ins…Difficulty 1/5IL specific
- 122.Under 215 ILCS 5/500-35, how many hours of continuing education must an Illinois producer complete in each …Difficulty 1/5IL specific
- 123.A producer qualifies for and is issued an Illinois license covering the life line of authority and the acci…Difficulty 2/5IL specific
- 124.Before any application is signed, a producer offers an applicant an expensive gift to induce her to buy a p…Difficulty 3/5IL specific
- 125.A disabled Illinois resident has been enrolled in Medicare since age 60 and bought a Medicare supplement po…Difficulty 2/5IL specific
- 126.An Illinois insurer wants to issue an individual disability income policy that pays benefits above the leve…Difficulty 2/5IL specific
- 127.Which of the following practices would violate a producer's fiduciary duty in handling premium funds in Ill…Difficulty 1/5IL specific
- 128.A life insurer wants to use a policyowner's testimonial in an Illinois advertisement. Under the Illinois ad…Difficulty 2/5IL specific
- 129.A domestic Illinois insurer resists an attempt to inspect its policy files and financial records. Which sta…Difficulty 2/5IL specific
- 130.When group health coverage ends in Illinois, a former member may need evidence of that coverage to carry to…Difficulty 2/5IL specific
- 131.Under the Illinois replacement rule, when must a producer's replacement-disclosure duties be performed?Difficulty 2/5IL specific
- 132.An Illinois advertisement for an individual accident and health policy implies that the coverage is endorse…Difficulty 2/5IL specific
- 133.Within the Illinois Insurance Code, what is the significance of 215 ILCS 5/364?Difficulty 1/5IL specific
- 134.Under the Illinois life advertising rule, which of the following is generally outside the scope of an "adve…Difficulty 3/5IL specific
- 135.How does the Buyer's Guide differ from the policy summary under the Illinois life solicitation regulation?Difficulty 2/5IL specific
- 136.Which of the following actions would be LEAST likely to expose an Illinois producer to discipline under 215…Difficulty 3/5IL specific
- 137.A producer sells both Medicare supplement and long-term care insurance in Illinois. Which rule applies only…Difficulty 3/5IL specific
- 138.An applicant asks her current insurer — the company that issued her whole life policy — to apply a contract…Difficulty 2/5IL specific
- 139.How is the regulation of unfair claims-settlement practices structured in Illinois?Difficulty 3/5IL specific
- 140.Which statement correctly describes what an Illinois individual A&H insurer may include in a policy under t…Difficulty 3/5IL specific
- 141.Under Illinois law, what free-look period applies to a newly issued Medicare supplement policy?Difficulty 1/5IL specific
- 142.A producer licensed in another state applies for an Illinois nonresident insurance producer license. Under …Difficulty 1/5IL specific
- 143.After delivery of a newly issued individual life insurance policy in Illinois, how many days does the polic…Difficulty 1/5IL specific
- 144.Under 215 ILCS 5/159, which parties must be licensed to conduct viatical settlement business in Illinois?Difficulty 2/5IL specific
- 145.For unallocated (group) annuity contracts, what present-value cap does the Illinois Life & Health Insurance…Difficulty 1/5IL specific
- 146.Which of the following actions by an Illinois producer is inconsistent with the responsibilities imposed by…Difficulty 3/5IL specific
- 147.Which provision of the Illinois Insurance Code expressly imposes disclosure obligations on insurance produc…Difficulty 1/5IL specific
- 148.An Illinois resident buys a newly issued individual life insurance policy and changes her mind. Under 215 I…Difficulty 1/5IL specific
- 149.An Illinois producer wants to confirm the disclosure standards for illustrations used in life insurance sal…Difficulty 2/5IL specific
- 150.An Illinois life insurance advertisement states that the company's policies are "endorsed by the State of I…Difficulty 2/5IL specific