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Additional Licensing Information

Tue, 29 May 2007 21:19:00 GMT

Consultants
Consultants may not continue to hold an insurance agent, surplus lines agent or limited insurance representative license, once licensed as a consultant. No licensed consultant may employ, be employed by, be in partnership with or receive any remuneration whatsoever from any licensed insurance agent, surplus lines insurance agent, limited insurance representative or insurer, except that a consultant may be compensated by an insurer for providing consulting services to the insurer. No consultant license is required for the following:
1. attorneys licensed to practice law in Indiana acting in their professional capacity;
2. a duly licensed insurance agent or surplus lines insurance agent;
3. a trust officer of a bank acting in the normal course of his/her employment; or
4. an actuary of a certified public accountant who provides information, recommendations, advice or services in her/his professional capacity.
Prior to rendering any service, a consultant must submit for the Commissioner's approval the written agreement intended for use.
Limited Insurance Representatives
Limited insurance representatives may only be licensed as limited travel accident, travel baggage agents, prearranged funeral insurance agents, crop hail insurance agents or similar limited representatives, as determined by the Commissioner.
Surplus Lines Insurance Agent requirements
Any applicant for a surplus lines insurance agent license must file with the Department, and keep in effect, a bond in the penal sum of not less than $20,000, before a license may be issued. Contact the Department for the required bond form. Surplus Lines Tax Bond form and Surplus Lines Application.
Bail Bond or Recovery Agent requirements
Applicants for bail or recovery agent licenses must apply directly to the Department prior to taking an examination. The Department will review the application and determine if the applicant is eligible to take the exam. The Department will issue a Certificate of Eligibility to the approved applicant. This Certificate of Eligibility is valid for 60 days from the date of issuance. The original Certificate of Eligibility must be presented at the testing center on the examination date. Contact the Department for further information regarding bail or recovery agent application procedures.
The Examination Process
The Department has contracted with Experior Assessments™, LLC (Experior) of St. Paul, Minn., to conduct its examination program. Experior provides computerized examinations through a multistate network of testing centers. The Indiana Experior testing centers are located in Evansville, Fort Wayne, Indianapolis and Merrillville. Note that the Cincinnati, Ohio, and Louisville, Ky., testing centers may be more convenient to your location. You may test at any of the Experior testing centers nationwide. Experior works closely with the Department and its Examination Review Committee to assure you that examinations meet local requirements and professional test development standards. All questions and requests for information about exams should be directed to:
Experior
1360 Energy Park Drive
St. Paul, MN 551085252
Voice: 18003244720
Fax: 18003479242
TDD: 18007903926

Can Arrangements Be Made For Someone With A Disability To Take The Exam?

Tue, 29 May 2007 21:19:00 GMT

Americans with Disabilities Act (ADA)
Examinees with a physical or mental impairment that substantially limits a major life activity may be eligible for accommodation in the testing process to assure you that the tests accurately reflect skills, knowledge or abilities. Experior is fully compliant with ADA guidelines and will provide reasonable accommodations. Examinees should contact Experior to request documentation forms to submit when registering to test. Registration and scheduling services are also available via our Telecommunications Device for the Deaf (TDD) by calling 18007903926.
English as a Second Language (ESL)
If English is not your primary language, you may qualify for additional time for your test by requesting an ESL Authorization from Experior. Please include:
- a personal letter requesting the authorization; AND
- a letter from your English instructor or sponsoring company (on company letterhead) certifying that English is not your primary language.
If documentation is approved, Experior may extend the time limit on your examination up to one hour. You will be notified by mail of this approval, and should not schedule your exam until you have received the approval letter.

Can I Be Exempt From Pre-Licensing Education And Examination Requirements?

Mon, 04 Jun 2007 21:51:22 GMT

You may be exempted from prelicensing education requirements if you hold at least one of the following designations: Chartered Life Underwriter (CLU), Certified Financial Planner (CFP), Chartered Financial Consultant (CFC), Chartered Property and Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC) or Accredited Advisor in Insurance (AAI). Apply to the Department for a waiver letter, being sure to include the appropriate letter certifying your designation. You must then present this Department waiver letter at the testing center on the date of your exam(s). CLU, CFP and CFC designees will be required to take only the appropriate Indiana Life and/or Health laws and regulations exams.

In addition, if you held a like license in Indiana as that being applied for within the 24 months prior to the date of application, you may be exempt from prelicensing education requirements.

New resident applicants who held a like license within the 12 months prior to the date of application may also be exempt from prelicensing education requirements.

Does Indiana Issue Temporary Licenses?

Tue, 29 May 2007 21:19:00 GMT

In certain circumstances, the Department may issue temporary licenses. Direct written inquiries for information on this procedure to the Department.

How Do I Apply For A License?

Tue, 29 May 2007 21:19:00 GMT

To obtain a license, complete prelicensing study (if required), and have the course instructor complete his or her portion of the prelicensing education Certificate of Completion. After completing your course, you must register for and pass the appropriate examination with Experior and apply for your license with the Department within six months of completing your course. To apply for your resident agent license, you must submit the following directly to the Department:

a completed license application form, use the Uniform Application for Individual NonResident License your original prelicensing education
Certificate of Completion or Waiver from the Department;
your original passing examination Score Report;
any other required forms; and applicable licensing fees.

Contact the Department if you have any questions regarding resident license application procedures or required forms.

How Do I Change My Name Or Address?

Tue, 29 May 2007 21:19:00 GMT

Each licensed agent is required by law to notify the Department in writing within 30 days of any change of residence or name. When notifying the Department of such changes, please submit a completed Service Request Form . Please be certain to include the following information:

Social Security number;
old address/name;
new address/name;
copy of divorce decree, if applicable (e.g. you are changing your current name to a previous name); and
copy of certificate from Clerk of the Court, Department of Vital Statistics, or other official document when making formal name change.

Any licensed resident agent who has moved his or her residence from the state of Indiana shall have all licenses terminated by the Department.

How Do I Obtain A Current Certification Letter?

Tue, 29 May 2007 21:19:00 GMT

Resident agents and agencies needing current proof of licensing in Indiana for purposes of nonresident licensing in other states or for purposes of securing appointments with insurers are strongly advised to request a Certification, rather than a duplicate license. A Certification provides current license status, current continuing education compliance status, a statement of "good standing" and other information not provided on a duplicate license. Insurers who require prospective agents to provide proof of licensing as part of the appointment process are also strongly urged, for the same reasons, to require the prospective agent to provide a Certification rather than a copy of his or her license or a duplicate license. To request a Certification, complete and send to the state a completed Service Request Form .

How Do I Obtain An Insurance License In Indiana?

Tue, 29 May 2007 21:19:00 GMT

The Indiana Department of Insurance is empowered by Title 27, Article 1, of the Indiana Code to qualify those who wish to operate as insurance agents, surplus lines agents, insurance consultants and limited insurance representatives in Indiana. The legislature may make changes annually to these laws, and administrative procedures may be changed at any time. Licensees are expected to be aware of changes in the law that affect their occupational practice.

Some licenses require successful completion of a prescribed study course and an examination, or an examination only, before an application for licensure may be submitted to the Department. Other licenses have no prelicensing study course or examination requirements before application. While prelicensing education should help you pass the examination, it may not cover all of the material that will be in the test.

After you fulfill prelicensing study course and examination requirements (if necessary), you may submit your application for licensure to the Department. The Department will review your application materials, and if your application is approved, the Department will send you a license and you may begin to solicit insurance of the type for which you have received a license. If your application is denied, you will be notified in writing as to the reason for such denial. You may not receive or accept, directly or indirectly, any commission or other valuable consideration unless you were properly licensed at the time of the transaction out of which arose the right to such commission or other valuable consideration and you are a duly appointed agent of the insurer at the time that such insurer pays such commission or other valuable consideration.

How Do I Schedule Or Cancel An Exam?

Tue, 29 May 2007 21:19:00 GMT

Once you have registered for an examination, you must arrange a time and place for taking your exam by calling 18003244720 between 8 a.m. and 9 p.m. (Eastern time). You may take your examination at any Experior testing center nationwide. Maps for the Experior testing centers in or near Indiana are on Pages 9 and 10; for a complete list of testing centers or another map, call 18003244720. Appointments are available three to five days per week at most centers. Register and schedule your test early to get your preferred site and time. If you miss or are late for your appointment, you will be assessed a $40 rescheduling fee. If you need to change your appointment time, you must contact Experior three full working days before your appointment to allow time to refill your appointment slot, or you will be subject to this same fee when you call to reschedule. To reinstate or reschedule your exam, call 18003244720. If you are too ill to take your exam at the scheduled time, you may submit a letter from your doctor or hospital (on their letterhead). The rescheduling fee may be waived in this circumstance.

How Is The Exam Given?

Tue, 29 May 2007 21:19:00 GMT

Your examination will be given by computer at an Experior testing center. You must present a valid form of identification before you may test, and it must meet the following criteria:

the document must be governmentissued (driver's license, stateissued identification card or military identification);
it must have a current photo and your signature; and
the name on the identification must be the same as the name used to register for the examination (including designations such as "Jr." or "III," etc.).

FAILURE TO PROVIDE APPROPRIATE IDENTIFICATION AT THE TIME OF THE EXAMINATION IS CONSIDERED A MISSED APPOINTMENT. If you cannot provide the identification as listed above, contact Experior before scheduling your appointment to arrange for an alternate form of meeting this requirement. You must bring your original prelicensing education Certificate of Completion or Department waiver letter to the testing center each time you test. Your prelicensing education certificate is valid for six months from date of course completion. In addition, candidates for the Bail or Recovery Agent examination must present their original Certificate of Eligibility. This certificate is valid for 60 days from date of issuance by the Department.

The following security procedures will apply during the exam:

examination contents are proprietary. No cameras, notes, tape recorders, phones or pagers are allowed in the testing room;
no programmable calculators are permitted; and
no valuables or weapons should be brought to the testing center. Only keys and wallets may be taken into the testing room, and Experior is not responsible for items left in the reception area.

FAILURE TO FOLLOW ANY OF THESE SECURITY PROCEDURES MAY RESULT IN THE DISQUALIFICATION OF YOUR EXAMINATION. EXPERIOR RESERVES THE RIGHT TO VIDEOTAPE ANY EXAMINATION SESSION.

License Qualifications Subject To Ce Requirements

Tue, 29 May 2007 21:19:00 GMT

All agents holding a Life only; Life, Accident & Health; or Property and Casualty qualification must complete 30 hours of approved course material. Agents holding a Limited license such as Restricted Credit Life, Accident & Health; Crop; Funeral Director; Industrial Fire; Mortgage; or Title Insurance must complete 10 hours of approved course material.

Social Security Number Confidentiality

Tue, 29 May 2007 21:19:00 GMT

Indiana law requires that, for purposes of obtaining a license, you must provide to the Department of Insurance your Social Security number. As a contracted agent of the Department of Insurance, Experior will use your Social Security number only as an identification number in maintaining your record and reporting your score to the Department.

What Are The Continuing Education (Ce) Requirements?

Tue, 29 May 2007 21:19:00 GMT

Indiana's Continuing Education (CE) Law became effective July 31, 1992. The law places the responsibility for the creation and administration of a CE program in the hands of the Indiana Insurance Commissioner and the Insurance Agents Education Advisory Council which is appointed by the Governor. The Department of Insurance Agent's Licensing Division is responsible for the administration of the CE program. Questions regarding CE compliance should be directed to the Department at 3172325858. Insurance agents holding the license types listed below are responsible for completing the required number of CE hours and must comply with the education requirement two years from date of license issuance. Indiana requires that agents selfcertify CE compliance at the time license renewal is made to the Department.

What Are The License Fees?

Tue, 29 May 2007 21:19:00 GMT

The applicable license fee must be paid by personal check, certified check, bank check, teller's check, money order, company check or agency check, made payable to the Indiana Department of Insurance. The resident applicant license fee is $20; nonresident applicant fees are retaliatory. Each application must be accompanied by a separate check; multiple applications cannot be submitted with a combined check.

What Are The Nonresident License Requirements?

Tue, 13 May 2008 19:31:01 GMT

Subject to certain reciprocity restrictions, any license type that can be issued to a resident agent can also be issued to a nonresident agent, with the exception of surplus lines, bail bond or recovery agent licenses. No prelicensing study course or examination is required for nonresident licenses. Only those individuals who reside outside of Indiana and hold a like resident license in their home state are eligible to apply for a nonresident license in Indiana.

You may apply for licensing as a nonresident agent by submitting the following directly to the Department:

a completed license application form, use the Uniform Application for Individual NonResident License.
resident state Insurance Department certification, indicating that you are in good standing with your resident state requirements; and
applicable licensing fees (fees are reciprocal). Contact the Department if you have any questions regarding nonresident license application procedures or required forms.

What Are The Pre-Licensing Education Requirements?

Tue, 29 May 2007 21:19:00 GMT

Prelicensing education requirements are established to ensure a minimum level of knowledge about the products and services that agents offer to the public. In addition, license candidates must understand and comply with the statutes and rules affecting insurance. You must meet the following requirements before applying for a license.

Line(s) of Insurance Course Hours
Life .............................................................. 24
Health ........................................................... 24
Life and Health . ............................................. 40
Property and Casualty ..................................... 40

Your sponsoring insurance company can provide a current list of authorized prelicensing schools. Effective January 1, 2000, stateapproved prelicensing selfstudy courses may be used to fulfill classroom requirements. You may access a providers list at the Department's Web site at www.state.in.us/idoi.

A prelicensing education Certificate of Completion will be issued by your prelicensing school at the end of your course. The certificate is valid for six months. You must pass your exam and apply for your license during this sixmonth period. You must bring your original prelicensing Certificate of Completion or Department waiver letter to the testing center when you test. Altered certificates WILL NOT be accepted. In addition, candidates for the bail or recovery agent exams must present the Department's original Certificate of Eligibility in order to test.

What Are The Requirements For Obtaining A Resident License?

Tue, 29 May 2007 21:19:00 GMT

Indiana residents desiring any type of insurance license must:

be at least 18 years of age;
reside in Indiana or maintain a principal place of business in Indiana;
successfully complete a prelicensing education program (when required) and an examination (when required);
be deemed by the Commissioner to be competent, trustworthy, financially responsible and of good personal and business reputation; and
submit the appropriate forms and fees for the desired license (including original passing Score Report and original prelicensing Certificate of Completion).

What If I Am An Agent That Moves To Indiana?

Tue, 29 May 2007 21:19:00 GMT

Agents moving into Indiana from other states must satisfy all licensing requirements applicable to resident agents. However, if the new resident held a like license in the previous resident state within the preceding 12 months prior to application, the individual may be exempt from prelicensing study course requirements. New resident applicants should apply to the Department for a waiver letter. This form is available from the Department of Insurance directly. The application for waiver must be accompanied by the former resident state Insurance Department certification, certifying that the applicant was licensed in good standing with the previous resident state. The original Department waiver letter must then be presented at the testing center on the examination date. The new resident applicant will also be exempt from the major lines examination requirement, but must take the appropriate Indianaspecific laws and regulations examination(s).

What Is The Fee To Take An Exam?

Tue, 29 May 2007 21:19:00 GMT

Series Exam Title Exam Fee Check 1625 Agent's Life Insurance $68.00
1626 Agent's Accident and Health Insurance $68.00
1627 Agent's Life, Accident and Health Insurance $68.00
1628 Agent's Property and Casualty Insurance $68.00
1629 Bail Agent $68.00
1630 Recovery Agent $68.00
1631 Agent's Surplus Lines Insurance $68.00
1632 Public Adjuster $68.00
1633 Agent's Industrial Fire $68.00
1634 Agent's Credit Insurance $68.00
1635 Agent's Life Insurance Laws and Regulations $68.00
1636 Agent's Property and Casualty Insurance Laws and Regulations $68.00
1637 Agent's Accident and Health Insurance Laws and Regulations $68.00
1638 Agent's Life, Accident and Health Insurance Laws and Regulations $68.00

What Is The Procedure For Registering For An Exam?

Sun, 08 Jun 2008 21:34:21 GMT

If you are an Indiana resident, and wish to obtain a license to sell insurance, you may file your examination registration by mail, fax or phone. After registering, schedule your examination by calling 18003244720. Once you pass your test, you must apply for your license to the Indiana Department of Insurance within six months of completing your prelicensing education course.

Mail Registration
You may mail the completed Examination Registration form and the appropriate examination fee of $68 to Experior, and it will be processed within 48 hours from the time it was received. You may then schedule your examination by calling 18003244720. If you wish to schedule your exam within three business days of your appointment call then you be charged a $5 express scheduling fee.
Fax Registration
You may fax your completed Examination Registration form to Experior at 18003479242, and it will be processed within 24 hours. You must include the MasterCard or Visa number and the cardholder's signature on the fax. You may then schedule your examination by calling 18003244720. If you wish to schedule your exam within three business days of your appointment call, please be sure to have your MasterCard or Visa available to charge a $5 express scheduling fee.
Telephone Registration
You may also register for and schedule your exam with one phone call. Please have your Examination Registration form and your MasterCard or Visa available before you call 18003244720 between 8 a.m. and 9 p.m. Eastern time. If you wish to schedule your exam within three business days of your appointment call, you will be charged a $5 express scheduling fee.
Exam Registration Expiration
An exam registration remains valid for 90 calendar days after it has been processed, and will expire without further notice at that time. (Remember that your prelicensing education Certificate is valid for only six months. In addition, the bail or recovery agent's Certificate of Eligibility is valid for only 60 days from date of issuance.)
Exam ReRegistration
If you have allowed your examination registration to expire, or were unsuccessful in your exam attempt, you may reregister by using any of the usual registration methods. Another exam registration fee is required for each attempt. There are no limits to the number of retakes.

What Is The Question Format?

Tue, 29 May 2007 21:19:00 GMT

The questions that will appear on your licensing examination are multiplechoice and give you four options from which to choose your answer. The examination will contain questions with three different multiplechoice formats.

Your exam may include up to five additional questions that will not be scored. These are used to gather statistical information on the questions before they are added to the actual examination for your state. These questions, distributed throughout the exam, WILL NOT:

be counted for or against you in your final examination score; OR
take any time away from your allotted testing time.

Your total percentage score is computed by dividing the number of questions you answered correctly by the total number of questions in the examination. A total score of 70 percent is required to pass. Exam results are transmitted electronically to the Department. Exam scores are confidential and will be revealed only to you and the Department. You may call or write to Experior to request a duplicate of your Score Report for a period of one year after you complete the examination. Any questions or comments you have about your examination should be directed to Experior.

What Licenses Do Not Require An Examination?

Tue, 29 May 2007 21:19:00 GMT

Limited Insurance Representative Title

What Licenses Require And Examination?

Tue, 29 May 2007 21:19:00 GMT

Insurance Agent Licenses

Life
Accident and Health
Life, Accident and Health
Property and Casualty
Bail Agent
Recovery Agent
Surplus Lines Agent
Credit Insurance
Life Laws and Regulations
Property and Casualty Laws and Regulations
Accident and Health Laws and Regulations
Life, Accident and Health Laws and Regulations

Other Licenses

Public Adjuster
Industrial Fire

What Types Of Licenses Are Available In Indiana?

Tue, 29 May 2007 21:19:00 GMT

Insurance agent
Any individual, corporation or limited liability company who or which, for compensation, acts or aids in any manner in soliciting applications for a policy of insurance or in negotiating policies of insurance on behalf of an insurer.
Surplus lines insurance agent
An individual, a corporation or a limited liability company who or which solicits, negotiates or procures a policy of insurance in an insurance company not licensed to transact business in Indiana, which policy cannot be procured from insurers licensed to do business in Indiana.
Limited insurance representative
An individual, corporation or limited liability company who or which is authorized by the Commissioner to solicit or negotiate contracts for a particular line of insurance as designated in Title 27, Article 1, Chapter 15.5 of the Indiana Code, or for certain restricted activities that the Commissioner may by regulation deem essential for the transaction of business in this state and that does not require the professional competency demanded for an insurance agent's license.
Consultant
An individual, a corporation, or a limited liability company who or which, for a fee, holds himself or itself out to the public as engaged in the business of offering any advice, counsel, opinion or service with respect to the benefits, advantages or disadvantages promised under any policy of insurance that could be issued in this state.

In accordance with Indiana statutes and regulations, each applicant for licensing as an insurance agent, surplus lines agent, limited insurance representative or insurance consultant must pass an examination before becoming licensed by the Department.

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