if my life insuance license expired,can i pay a renewal fee to reinstate it? or do i have to take the exam?

Question

if my life insuance license expired,can i pay a renewal fee to reinstate it? or do i have to take the exam?

Answer 1

Depends on the company, but generally yes, you have to take the exam. I am guessing you had term life, it can depend on how much has changed since it expired or how long ago it expired.

Answer 2

Contact your State Insurance Department. In Illinois once the license has expired you must retake the exam.

Answer 3

depend on your term and condition stated in your insurance policy. why don't you check with your agent or insurance company, they should know better.