Indiana § 27-1-15.9-10 Limited lines license required; authorization; training requirements;
representation as limited lines producer

Indiana Statutes

§ 27-1-15.9-10 — Limited lines license required; authorization; training requirements; representation as limited lines producer

Indiana § 27-1-15.9-10

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 15.9Portable Electronics Insurance

This text of Indiana § 27-1-15.9-10 (Limited lines license required; authorization; training requirements; representation as limited lines producer) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 27-1-15.9-10 (2026).

Text

(a)A vendor shall not sell, solicit, or negotiate portable electronics insurance unless the vendor holds a limited lines license issued under IC 27-1-15.6 to sell, solicit, or negotiate portable electronics insurance.

(b)A limited lines license required by subsection (a) authorizes each of the following to sell, solicit, or negotiate portable electronics insurance to a customer at each of a vendor's locations:

(1)The vendor.

(2)Each of the vendor's employees or authorized representatives, regardless of whether the employee or authorized representative is individually licensed under IC 27-1-15.6, if the insurer that issues the portable electronics insurance directly supervises or appoints a supervising entity to supervise:

(A)the administration of the portable electronics insurance sol

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(a) A vendor shall not sell, solicit, or
negotiate portable electronics insurance unless the vendor holds a
limited lines license issued under IC 27-1-15.6 to sell, solicit, or
negotiate portable electronics insurance.
(b) A limited lines license required by subsection (a) authorizes
each of the following to sell, solicit, or negotiate portable electronics
insurance to a customer at each of a vendor's locations:
(1) The vendor.
(2) Each of the vendor's employees or authorized representatives,
regardless of whether the employee or authorized representative
is individually licensed under IC 27-1-15.6, if the insurer that
issues the portable electronics insurance directly supervises or
appoints a supervising entity to supervise:
(A) the administration of the portable electronics insurance sold
by the vendor; and
(B) a training program for the employees and authorized
representatives.
(c) The following apply to a training program described in
subsection (b):
(1) The training must be provided to any employee or authorized
representative who is directly engaged in the sale, solicitation, or
negotiation of portable electronics insurance.
(2) Initial training of an employee or authorized representative:
(A) must be provided before the employee or authorized
representative engages in the sale, solicitation, or negotiation of
portable electronics insurance; and
(B) may be provided in electronic form.
(3) Continuing training of an employee or authorized
representative:
(A) must be provided on a periodic basis; and
(B) may be provided in electronic or another form.
(4) The training must be developed and overseen by employees of
the supervising entity who are licensed as insurance producers
under IC 27-1-15.6 with the qualifications described in IC 27-1-15.6-7(a)(3) and IC 27-1-15.6-7(a)(4).
(5) The training must provide basic instruction concerning the:
(A) portable electronics insurance offered to customers of the
vendor; and
(B) disclosures required by section 12 of this chapter.
(d) An employee or authorized representative of a vendor shall not
advertise, represent, or otherwise profess to be an insurance producer
other than a limited lines producer licensed under IC 27-1-15.6.