If a license charges any fee separate from a commission off of the insured's premium, and if the fee exceeds 10% of the premium's value, what must the licensee obtain?

The correct answer is that the licensee must obtain the insured's signature if they are charging any fee that exceeds 10% of the premium's value, separate from the commission. This requirement is in place to ensure transparency and obtain explicit consent from the insured regarding any additional fees that may be applied. This protects consumers by making them aware of the financial obligations they are entering into, beyond just the insurance premium. By obtaining the insured's signature, the licensee ensures that there is a documented agreement, reducing the possibility of disputes over fees later on.

The other options do not align with the requirements set forth in Illinois regulations regarding insurance fees. For instance, while seeking permission from the director or filling out special tax forms may be necessary in other contexts, they are not specifically required for simply charging fees above 10% of the premium. Similarly, the Premium Fund Trust form pertains to the handling of premiums and does not directly relate to the requirement for obtaining consent for additional fees.