State RegulationsIL specificDifficulty 1/5
Under 215 ILCS 5/500-35(a), which of the following is a line of authority for which Illinois issues insurance producer licenses?
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Answer & full 3-part explanation (select an option above, or peek)
Why C is correct
215 ILCS 5/500-35(a) enumerates the Illinois producer lines of authority, which include life; variable life and variable annuity products; accident and health or sickness; property; casualty; and personal lines. A producer's license authorizes only the lines for which the producer qualifies, so the enumerated list controls what the producer may lawfully sell.
Why the other options are wrong
- A) Title abstracting is a real-estate records function and is not among the insurance producer lines of authority in 215 ILCS 5/500-35(a).
- B) Credit counseling is not an insurance line of authority; it falls outside the enumerated list in 215 ILCS 5/500-35(a).
- D) Ocean marine is not one of the producer lines of authority enumerated in 215 ILCS 5/500-35(a).
Memory hook
Life, variable, A&H, property, casualty, personal lines — that's the Illinois list.