Ill. Admin. Code tit. 50, § 3119.20 - Definitions

Current through Register Vol. 46, No. 15, April 8, 2022

For the purposes of this Part, the following definitions shall apply:

Code means the Illinois Insurance Code [215 ILCS 5 ].

Contact instruction means a course presented in a classroom or seminar format.

Course means any course of study certified to the Director that meets the requirements of this Part, including but not limited to seminar, classroom, and self-study formats.

Date of Original Issue means the date of the issuance of a producer's license. Any lapse or suspension of 1 year or more shall establish a new date of original issue and subject the person to this Part.

Department means the Department of Insurance.

Director means the Director of the Department of Insurance of the State of Illinois or anyone to whom the Director's responsibilities and authority are lawfully delegated.

Interactive Online means self-study courses only presented on the Internet that do not require a proctored final exam.

Long Term Care Training (LTCT) means prescribed training required by licensed producers prior to the producer being allowed to sell long term care insurance coverage. This training is required pursuant to 50 Ill. Adm. Code 2012.121 and may satisfy a part of the continuing education requirement if the course is filed with the Department as a continuing education course.

Provider means any person who offers a course for which certification has been received by the Director.

Successful Completion means passing an examination with a score of 70% or above in accordance with criteria established by the provider.

Supervised Examination means a proctored, timed and closed book examination.

Notes

Ill. Admin. Code tit. 50, § 3119.20

Amended at 34 Ill. Reg. 5856, effective April 7, 2010

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