§ 27-1-15.6-5 — Licensing examination

Indiana § 27-1-15.6-5

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 15.6: Insurance Producers

Text

(a) A resident individual applying for:
(1) an insurance producer license;
(2) a consultant's license; or
(3) a surplus lines producer license;
must pass a written examination unless the individual is exempt under
section 9 of this chapter.
(b) The examination required under subsection (a) must test the
knowledge of the individual concerning the:
(1) lines of authority for which application is made;
(2) duties and responsibilities of a licensee; and
(3) insurance laws and administrative rules of Indiana.
(c) Examinations required under this section must be developed and
conducted under rules adopted by the commissioner.
(d) The commissioner may make arrangements, including
contracting with an outside testing service, for administering
examinations, collecting the nonrefundable examination fee as
established by contract with an outside testing service, or collecting the
nonrefundable licensure fee set forth in section 32 of this chapter.
(e) An individual who fails to appear for the examination required
under subsection (a) as scheduled or who fails to pass the examination
must reapply for an examination and remit all required fees and forms
before being rescheduled for another examination.

Legislative History

As added by P.L.132-2001, SEC.3. Amended by P.L.1-2002, SEC.105.