Indiana Seal

Indiana

state commissioner

Amy L. Beard

STATE phone
(317) 232-2414
STATE LICENSE DIVISION ADDRESS

Indiana Department of Insurance Attn: Agent Licensing

Appointments & Terminations

Required to report appointments?

No, Registry

Can be processed via nipr?

No

Fees for appointing a resident agency or individual?

$0

Termination reasons

Registry State - Cancelled; cancelled for cause

Licensing

Initial individual new license fee

Resident New License Insurance Producer: $40 Resident New License Surplus Lines Producer: $80 Resident New License Travel: $40 Non Resident New License Insurance Producer: $90 Non Resident New License Surplus Lines Producer: $120 Non Resident New License Travel: $90 Non Resident New License Limited Lines Reciprocal: $90 (When not charged a retaliatory fee )

License renewal fee

Resident Renewal Insurance Producer: $40 Resident Renewal Surplus Lines Producer: $80 Resident Renewal Travel: $40 Non Resident Renewal Insurance Producer: $90 Non Resident Renewal Surplus Lines Producer: $120 Non Resident Renewal Travel: $90 Non Resident Renewal Limited Lines Reciprocal: $89

When does the resident individual producer license renewal period begin?

90 days before expiration

What is the resident individual producer license renewal date?

Last day of birth month every 2 years based on year of first state license issue

Late renewal or reinstatement period for resident individual producer license?

Late renewal allowed up to one year after expiration

When does the nonresident individual producer license renewal period begin?

90 days before expiration

What is the nonresident individual producer license renewal date?

Last day of birth month every 2 years based on year of first state license issue

Late renewal or reinstatement period for nonresident individual producer license?

Late renewal allowed up to one year after expiration

Can a producer use a P.O. Box in their resident or business address?

If the business address is in Indiana and the residence address is not in Indiana, then the business address cannot be a P.O. Box (for individuals).

Are individuals required to list their county as part of the address?

No

What addresses are required for individual license maintenance?

Residence, Business, and Mailing

State individual licenses include

Third Party Administrator, Temporary Resident Producer Individual, Bail Agent, Property and Casualty, Surplus Lines, Life, Reinsurance Intermediary Broker, Consultant, Non-Resident Viatical Settlement Provider, Professional Employer Organization - Full, Professional Employer Organization - Limited, Professional Employer Organization - Certified, Public Adjuster, Resident Independent Adjuster, Resident Third Party Administrator, Non-Resident Third Party Administrator, Resident Producer - Individual, Non-Resident Independent Adjuster, Producer - Individual, Resident Surplus Lines, Portable Electronics Ltd Lines, Travel Insurance, Limited Lines Reciprocal, Non-Resident Title Designated Home State, Designated Home State Producer Individual, Designated Home State Producer Organization

State broker license rule

Included in Producer License Class. Insurers are not required to appoint Brokers per NAIC PLMA

Requires pre licensing courses?

Yes

Study method requirements

An applicant may complete a pre-licensing self-study program.

Submission of completion certificate rule

The original pre-licensing certificate of dompletion must be submitted at the test site, and may be issued by: a. an authorized pre-licensing school; or b. a state-approved self-study course.

How long is the pre licensing certification valid?

Course completion certificate is valid for 6 months

Exemptions to pre licensing requirements

The following persons may be exempted from pre-licensing education requirements: a. a person applying for a life, accident and health or sickness, or variable life and variable annuity products qualification who holds one of the following designations: I. Chartered Life Underwriter (CLU); II. Certified Financial Planner (CFP); III. Chartered Financial Consultant (ChFC); or IV. another nationally recognized designation approved by the Commissioner; b. a person applying for a property, casualty, or personal lines qualification who holds one of the following designations: I. Chartered Property & Casualty Underwriter (CPCU); II. Certified Insurance Counselor (CIC); III. Accredited Advisor in Insurance (AAI); or IV. another nationally recognized designation approved by the Commissioner; or c. a person who holds a bachelor's degree in insurance and applies for one of the following qualifications: I. life; II. accident and health or sickness; III. property; IV. casualty; V. variable life and variable annuity products; or VI. personal lines.

Fingerprints Required?

Not Required

Other licensing notes

Applicants applying for an Indiana Resident License that have an active resident license in another state on the Producer Database (PDB) will be allowed to apply but will have their transactions defer.

What Transactions are Retaliatory Fees Applied to?

Resident Licensing

What Determines the Retaliatory Fee?

Producer Home State

Submit Partial License Renewals through NIPR?

No

Has Personal Lines LOA?

Yes

Deadline to report personal data changes (address, name change, phone number, etc.)

A licensee must notify the Commissioner of any change in residential or business address within 30 days. Contact Change Request supported via NIPR Gateway.

Agency

Can a sole proprietor be licensed as an entity?

Yes

DRLP must have active state license

Yes

DRLPs must cumulatively cover all LOAs in application

Yes

Agency Licensing renewals

90 days prior to expiration date of license until license expiration date. Renewal grace period ends 30 days past expiration date. Late renewal period ends one year after expiration date and is not applicable to Surplus lines.

Agency License required?

Yes

Affiliations: Indicates if producers selling on behalf of/through an entity must be formally affiliated with that entity and if the entity must notify the department of changes

No

Branch office

A branch should have a separate agency license if doing business under a different FEIN than the main agency; otherwise, no.

Adjuster

Requires adjuster license?

Yes

Offers designated home state?

Yes

DHS exam required?

Yes

Reciprocity states

AK, AL, AR, AZ, CT, DE, FL, GA, ID, KY, LA, ME, MI, MN, MS, MT, NC, NH, NM, NV, OK, OR, RI, SC, TX, UT, VT, WA, WV, WY

Which states require an exam for reciprocity?

CA, HI, NY, PR

Independent adjuster LOAS

Workers' Compensation, Property, Casualty

Independent adjuster fees

Licensing Fee: $40 (resident) / $90 (non resident) Renewal Fee: $40 (resident) / $90 (non resident) Late Renewal Fee: $80

Independent adjuster exam required?

Yes

Independent adjuster renewal date

Annually on Dec. 31st of that year. Applications received on Oct. 1st or later will have an expiration date of Dec. 31st the following year.

Emergency adjuster details

Emergency adjuster licenses will be issued in the event of a catastrophe. There is an application fee of $20.

Continuing Education

Total hours per renewal period

24

Renewal period

2 years

License renewal date is

Last day of birth month

License renewal year based on...

Year of first license issuance

When is the CE due?

Prior to license expiration.

How long before expiration does state send CE reminder?

90 days prior to expiration date

Exemptions to CE

Those who hold only a license as consultants, public adjusters, portable electronics, travel insurance, surplus lines, credit insurance, crop insurance and funeral director or prearranged funeral insurance are exempt from CE requirements. Bail or recovery agents only need 6 hours CE. Navigators only need 6 hours CE.

What if a producer missed the renewal date?

Within 30 days of expiration, the department of insurance may waive its penalty. If you’re outside of 30 days, but less than 12 months after your expiration date, you can reinstate your license without retaking a written exam by getting current on your CE and paying the regular renewal fees three times over. (Yes, to be clear, that’s a 300 percent fee for being late.)

Ethics requirements

3

Flood-specific CE requirements

3 hours of NFIP course

LTC-specific CE requirements

8-hour initial certification, with 5 hours of LTC-specific training each renewal cycle thereafter

Regulatory Updates

Indiana Adding Annuity Training Requirements

Effective July 1, 2024, Indiana is adding specific training requirements that will apply to resident and non resident annuity producers.

Indiana to Update its Retaliatory Fees for Initial Appointments

Effective January 12, 2024, Indiana will update its retaliatory fees for initial appointments for Non Resident Licensing (NRL), Non Resident Renewal (NRR), Non Resident Adjuster Renewal (NRAR) and Non Resident Adjuster Licensing (NRAL).   Most Retaliatory Fees will be reduced. Some fees will be increased for KY, NY, PA, WY Self Storage Insurance and Travel for Individuals and Business Types. Most VT Non Resident Renewals and Reinstatements will be increased across all License Classes.

Indiana Online Platform for Reporting Cybersecurity Events is Live

The online platform created by the Indiana Department of Insurance (IDOI) for reporting cybersecurity events is now [live](https://in.accessgov.com/idoi/Forms/Page/idoi/report-a-cybersecurity-event). The new online form was created as a result of the Indiana Insurance Data Security Law that went into effect on July 1, 2021. The Indiana Insurance Data Security Law requires insurers and other entities licensed by the IDOI to develop, implement, and maintain an information security program, investigate any cybersecurity events, and notify the IDOI of such events. The law also established the IDOI as the regulatory body to receive, monitor, and enforce cybersecurity events involving licensed insurers and entities under Indiana Code Title 27. “If an insurer and/or other licensed entity experiences any cybersecurity event that requires notice, we are directing them to fill out and report the event using the new online form,” said Indiana Department of Insurance Commissioner Amy L. Beard. The online form can be found on the state's website.

Indiana Continuing Education Changes

For Residents 2023 IN H.B. 1329(NS) (Effective 7/1/2023) - CONTINUING EDUCATION: GENERAL REQUIREMENTS - Added conditions under which a producer may receive CE credit for active participation in a state or national professional insurance organization.IN ST 27-1-15.6-19.9 (Effective 7/1/2022) - Per 2022 IN S.B. 277(NS) - WHO MUST BE LICENSED and LIMITED LINES: TRAVEL AGENT - Revised citation ID due to codification only. IN ST 27-1-15.7-2 (Effective 7/1/2023) - Per 2023 IN H.B. 1329(NS) - CONTINUING EDUCATION: GENERAL REQUIREMENTS - Added exception to the CE hour requirement. IN ST 27-7-17-18 (Effective 7/1/2022) - Per 2022 IN S.B. 277(NS) - LIMITED LINES: TRAVEL AGENT - Revised citation ID due to codification only.

Indiana Pharmacy Benefit Manager License

Indiana now requires Pharmacy Benefit Managers to obtain a license. See attachment for full details.

Indiana Will Update Retaliatory Fees

Effective March 10th, 2023, several retaliatory fees will update for multiple states. Fees will be decreasing for most.

Indiana Posts Requirements for Electronic Filings

Effective April 1, 2022, all filers must submit their annual premium tax, quarterly estimated tax, and annual renewal fees and payments electronically through OPTins. Paper filings will no longer be accepted after this date and penalties will apply. Instructions for submitting tax and fee filings are available at: .

FAQs