Fees
Fees shown are state fees only. These fees do not include NIPR transaction fees.
- No fees for adding a line of authority to an existing license.
- All fees are Per application.
Third Party Administrator
Fee:
$200
Pharmacy Benefit Manager
Fee:
$500
Self Service Storage Facility
Fee:
$50
Portable Electronics Limited License
Fee:
$500
Premium Finance Company
Fee:
$400
Third Party Prescription Program
Fee:
$200
Employee Leasing Company
Fee:
$1000
Viatical Settlement Broker
Fee:
$500
Public Adjuster
Fee:
$250
Reinstatement fee:
$250
Lines of Authority
Please note that license class names can vary by state.
Third Party Administrator
DRLP Not Required
No Line of Authority Required
Pharmacy Benefit Manager
DRLP Not Required
No Line of Authority Required
Self Service Storage Facility
DRLP Not Required
No Line of Authority Required
Portable Electronics Limited License
DRLP Not Required
No Line of Authority Required
Premium Finance Company
DRLP Not Required
No Line of Authority Required
Third Party Prescription Program
DRLP Not Required
No Line of Authority Required
Employee Leasing Company
DRLP Not Required
No Line of Authority Required
Viatical Settlement Broker
DRLP Required
No Line of Authority Required
Public Adjuster
DRLP Required
No Line of Authority Required
Rules and Regulations
Applicant Can
- Submit initial license for individuals electronically.
Business Rules
If applicant responds "yes" to one of the background questions, please submit supporting documents electronically via NIPR's Attachments Warehouse. The documents may also be submitted to the state via mail, email, or fax.
Applicants must not have an active resident state license on PDB in any state.
At least one Owner, Partner, Officer or Director (OPOD) must be entered on the application.
Business Entity applicants applying for Public Adjuster – all entries on the Owner, Partner, Officer and Director (OPOD) section of the application must be actively licensed as a Public Adjuster on the Producer Database (PDB).
Business Entity applicants must supply a business address that is not in Illinois. If business address supplied is in Illinois, the transaction will not be allowed.
Applicants applying for a Pharmacy Benefit Manager license must submit the address(s) of each Owner, and/or Director supplied on the application to the state directly. Please email to DOI.Licensing@illinois.gov.
- All business entity applicants must enter at least one Designated Responsible Licensed Producer (DRLP). Exclusion – the following license classes do not require a DRLP to be entered and can be left blank: Pharmacy Benefit Manager, Portable Electronics Limited line license, Premium Finance Company, Third Party Administrator, Third Party Prescription Program, Employee Leasing Company, Self Service Storage Facility.
- Each Designated Responsible Licensed Producer (DRLP) entered on the application must be actively licensed in Illinois. Unlicensed DRLPs are not permitted.
- Business Entity applicants applying for Viatical Settlement Broker must enter a Designated Responsible Licensed Producer (DRLP) that is actively licensed as a Viatical Settlement Broker on PDB.
- Business Entity applicants applying for Public Adjuster must enter a Designated Responsible Licensed Producer (DRLP) that is actively licensed as a Public Adjuster on PDB.
- At least one of the Designated Producers specified on the application must also be specified as an Owner, Partner, Officer or Director. Note: this excludes offerings that do not require a DRLP to be supplied.
Applicants are allowed to reapply immediately following the license expiration date. There is no late renewal period.
P.O. Box or PMB (Private Mailbox) cannot be used in the business address field.
Public Adjuster applicants are required to submit a bond in the amount of $20,000. Applicant is required to upload required documentation to the state via the NIPR Attachment Warehouse.
Contact Information
Mailing Address
Illinois Department of Insurance
ATTN: Licensing Unit
320 West Washington Street
Springfield, IL 62767-0001
United States
State overview page
Learn more about state-specific licensing requirements and associate fees to ensure you have all the necessary information for compliance.