|
Q: Can anyone attend the Dynamics of Services, William T. Hold & CIC James K. Ruble Graduate seminars? A: Anyone can attend Dynamics of Service. But if you are a CISR and want it to count for update credit, you must be a dues-paid Member of the National Alliance. For William T. Hold, only dues-paid CISRs can attend, just like dues-paid CICs only for Ruble Seminars. Q: What are the new fee increases? A: Please visit: http://www.ins.state.il.us/producer/producer_fees_2003.htm Top A:The bonding
requirement remains in place, but the bond no longer has to be filed with
the Department. The law authorizes associations to provide the bonding
coverage requirement for their members. The PIIAI will secure the bond
coverages for all member agencies. If a producer brokers insurance business,
the producer must maintain a bond in the amount of $2,500 or 5 percent
of the premium brokered in the previous calendar year, whichever is greater,
with a maximum of $50,000. The producer will have to certify, by signing
the renewal application, that if a bond is required the producer will
maintain the required bond. Failure to maintain a required bond is grounds
for revocation. Insurers providing the bond no longer have to notify the
director of the Department of Insurance when the bond is canceled. The
insurer providing the bond does have to give the producer 30 days' notice
if the bond is being canceled. It is the producer's responsibility to
replace the bond if required. Producers are required to inform any consumer
or client who requests the name of the bonding company and bond number
with that information within three working days. A: Currently there are over 450 approved education providers in the state of Illinois. The PIIAI has typically offered a broad and varied curriculum both in courses taught and in locations of these classes. We constantly strive to broaden our curriculum and provide more learning opportunities for our members. Top A: Only with self-study courses and on-line courses will you be required to take a test. If you take a self-study course, the examination does not have to be administered in a monitored environment by an independent third party. If you take an on-line class, the exam will need to be a proctored exam. Top A: At this time the Department of Insurance will permit any class whose primary purpose is to provide basic technical information on policy forms, coverages, sales, marketing, automation, etc. Other courses may be approved based on the review and approval of the Department of Insurance. Top A: That depends on the type of class you attend. CIC and CISR courses are processed by The Society of Certified Insurance Counselors and The Society of Certified Insurance Service Representatives. These classes normally take 6 weeks to process and turn in to the Illinois Department of Insurance. If you take a home study course that the PIIAI grades we can usually process it in 1 week. If you take a home study course that Pictorial grades, they can usually process it in 4 weeks. Please allow at least
2 weeks for processing for any other classes sponsored by the PIIAI.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||