What is the fee for applying for an Insurance Producer License in Illinois?

The fee for applying for an Insurance Producer License in Illinois is set at $180. This fee is established as part of the regulatory requirements for those seeking to enter the insurance industry as producers. The licensing fee is used to cover the costs associated with processing the application and maintaining the regulatory framework necessary to ensure that insurance producers meet the required standards for licensing. Understanding this fee is crucial for potential insurance producers in Illinois as it forms a part of their financial planning when pursuing this career path.

The other options do not reflect the current fee structure established by the Illinois Department of Insurance, so they would not provide accurate or relevant information for someone preparing to apply for their license.