Illinois surplus line producer licenses are issued by
the
Illinois Department of Insurance, not by the Surplus
Line Association. Some things to know about surplus line licensing:
- You must first have an Illinois producer license in order to get a surplus line license. For information about getting a producer license, see the Illinois Department of Insurance producer licensing information page and the resident or nonresident Illinois state requirements page on the NIPR site.
- Surplus line producer applications and renewals are handled through the NAIC's
National Insurance Producer Registry, or NIPR.
- To obtain a surplus line license, simply complete the application on NIPR and pay the
appropriate fee. There is no class, exam, fingerprinting, bond, or any other prelicensing
requirement, and there is no annual continuing education requirement. There are, however, annual continuting education requirements for your required underlying Illinois producer license.
- The fee is $400 and license is good for one year.
- Once you have submitted your application on NIPR, complete the SLAI
Membership & EFS Registration Packet and send it to us at membership@slai.org. Membership in the SLAI is a condition of licensure in Illinois. There is no membership cost, but your license can be suspended or revoked if you fail to join and maintain your membership.
- Illinois only licenses individuals for surplus line licenses, not corporations or business entities.
NIPR has posted helpful Illinois contact information and Frequently Asked Questions
here. |
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