Indiana Life & Health Insurance Exam 2026

Welcome to your FREE Indiana Life & Health Insurance exam preparation guide. This comprehensive study resource covers Indiana-specific insurance laws, regulations, and requirements you need to pass your state licensing exam.

Note: This guide covers Indiana state-specific content. You should also study national Life & Health insurance concepts, as the majority of the exam tests general insurance knowledge.

Why Get Licensed in Indiana?

Indiana offers strong opportunities for insurance professionals:

• Growing Economy: Manufacturing, agriculture, healthcare, and logistics industries
• Affordable Cost of Living: Lower expenses mean higher net income
• Central Location: Access to Midwest markets from Indianapolis hub
• Diverse Population: Urban Indianapolis and suburban/rural communities
• Major Employers: Corporate headquarters and manufacturing facilities need group coverage
• Aging Population: Growing demand for Medicare supplements and long-term care
• Agricultural Heritage: Farm families need specialized life and health products

What This Guide Covers

This FREE study guide includes:

• Indiana Insurance Law & Regulations - IDOI structure, Indiana Code Title 27, producer licensing
• Life Insurance - Indiana-specific provisions, policy requirements, beneficiary rules
• Health Insurance - State mandates, consumer protections, continuation rights
• Licensing Requirements - Pre-license education, exam structure, CE requirements
• Practice Questions - Quiz questions with detailed explanations in each chapter

Exam Format & Requirements

Pre-License Education (REQUIRED)

Indiana REQUIRES pre-licensing education before you can take the licensing exam:

Pre-License Course Requirements

• You must complete a state-approved pre-licensing course
• You must pass the final exam with a minimum score of 70%
• Certificates are valid for 6 months only
• If you don't pass the state exam within 6 months, you must retake the pre-license course

Exam Tip: Plan your timeline carefully! With only 6 months of certificate validity, schedule your state exam soon after completing your pre-license course.

Exam Structure

Exam Difficulty

Life and Health insurance exams can be challenging:

• First-time pass rates typically hover around 55-67%
• Thorough preparation with your pre-license course is essential
• Focus on both national concepts and Indiana-specific laws

Exam Costs (2026)

• Pre-License Education Course: $150-$400 (varies by provider)
• State Exam Fee: Approximately $65-$75 per exam
• License Application Fee: $40 (via NIPR)
• Total Initial Investment: Approximately $250-$500

Application Process

Steps to Get Licensed

1. Complete Pre-Licensing Education: 40 hours for combined L&H
2. Pass Course Final Exam: Score 70% or better to receive certificate
3. Schedule State Exam: Book with Pearson VUE within 6 months of certificate
4. Pass State Exam: Score 70% or higher
5. Submit Application: Apply through NIPR within 6 months of passing exam
6. Pay Application Fee: $40
7. Receive License: Indiana Department of Insurance issues license

Application Timeline

• Pre-licensing certificate valid for 6 months
• Must apply for license within 6 months of passing exam and completing course
• If you miss either deadline, you must retake the exam and course

Exam Content Areas

National Content (Life Insurance)

1. General Insurance Concepts (15-20%)

   • Risk and insurance fundamentals
   • Policy structure and provisions
   • Insurable interest and indemnity
   • Insurance company operations

2. Life Insurance Products (30-35%)

   • Term life insurance types
   • Whole life and permanent insurance
   • Universal and variable life
   • Annuities and retirement products

3. Life Insurance Policy Provisions (25-30%)

   • Standard policy provisions
   • Optional provisions and riders
   • Beneficiary designations
   • Settlement options

4. Life Insurance Underwriting & Taxation (15-20%)

   • Underwriting basics
   • Tax treatment of life insurance
   • Business uses of life insurance
   • Estate planning concepts

National Content (Accident & Health)

1. General Insurance Concepts (15-20%)

   • Risk and insurance fundamentals
   • Policy structure and provisions
   • Insurable interest principles

2. Health Insurance Products (30-35%)

   • Medical expense insurance
   • Disability income insurance
   • Long-term care insurance
   • Medicare and Medicaid

3. Health Insurance Policy Provisions (25-30%)

   • Mandatory and optional provisions
   • Policy riders and endorsements
   • Renewal provisions
   • Claims procedures

4. Group Health Insurance (15-20%)

   • Group plan characteristics
   • COBRA and continuation rights
   • ERISA requirements
   • ACA compliance

Indiana State Content

The Indiana-specific portion covers:

1. Indiana Department of Insurance (IDOI)

   • Department structure and authority
   • Commissioner of Insurance powers
   • Indiana Code Title 27 (Insurance)
   • Regulatory oversight and enforcement

2. Indiana Producer Licensing

   • Licensing requirements and process
   • Lines of authority
   • Pre-licensing education requirements
   • Continuing education requirements
   • License renewal procedures

3. Indiana Life Insurance Laws

   • Policy delivery requirements
   • Free look period requirements
   • Beneficiary designation rules
   • Policy replacement regulations
   • Standard policy provisions

4. Indiana Health Insurance Laws

   • State health insurance mandates
   • Indiana continuation rights
   • Individual and group market rules
   • Medicare supplement regulations

5. Indiana Insurance Trade Practices

   • Unfair trade practices
   • Prohibited practices and penalties
   • Consumer protection laws
   • Claims handling requirements

License Maintenance & Continuing Education

CE Requirements

• Renewal Period: Every 2 years
• Total Hours: Required CE hours (check current IDOI requirements)
• Ethics Requirement: Ethics CE required
• Deadline: CE must be completed before license expiration

License Renewal

• Renewal Period: Every 2 years
• Renewal Process: Through NIPR
• Late Renewal: Additional fees and potential license lapse

Reporting Requirements

• Report address changes promptly
• Report administrative actions within required timeframe
• Maintain records for required period

Study Strategy

Recommended Study Plan

Week 1-2: Pre-License Course Foundation

• Complete life insurance modules
• Pass chapter assessments
• Focus on policy types and provisions

Week 3-4: Health Insurance Content

• Complete health insurance modules
• Study Medicare and Medicaid
• Focus on policy provisions

Week 5: Indiana-Specific Content

• Study Indiana Insurance Code
• Review IDOI regulations
• Focus on state-specific provisions

Week 6: Practice & Review

• Pass pre-license final exam (70%+)
• Take practice state exams
• Schedule state exam promptly

Key Numbers to Memorize

Pre-License Education

• Total Hours: 40 hours for combined L&H
• Course Final Exam Pass Score: 70%
• Certificate Valid: 6 months

Exam Requirements

• Passing Score: 70%
• First-Time Pass Rate: 55-67%
• Application Fee: $40

Application Timeline

• Certificate Valid: 6 months
• Apply Within: 6 months of passing exam

Indiana Insurance Resources

Official Resources

• Indiana Department of Insurance: in.gov/idoi
• Indiana Code Title 27: iga.in.gov
• Pearson VUE Exam Information: pearsonvue.com
• NIPR Licensing Portal: nipr.com

Important Contacts

Indiana Department of Insurance

• Address: 311 West Washington Street, Suite 103, Indianapolis, IN 46204-2787
• Phone: (317) 232-2389
• Website: in.gov/idoi/licensing/

Pearson VUE Testing

• Website: pearsonvue.com
• Phone: (800) 274-2609

Getting Started

This study guide is organized into chapters covering Indiana-specific requirements:

Chapter 1: Indiana L&H Regulation & Licensing

• Indiana Department of Insurance structure
• Pre-license education requirements
• Producer licensing process
• Continuing education requirements

Chapter 2: Indiana Life Insurance

• State policy requirements
• Free look and replacement rules
• Beneficiary provisions
• Group life insurance

Chapter 3: Indiana Health Insurance

• State health mandates
• Indiana continuation rights
• Medicare supplement regulations
• Long-term care requirements

Chapter 4: Indiana Ethics & Professional Conduct

• Unfair trade practices
• Producer duties to clients
• Claims handling requirements
• Record keeping and documentation

Ready to start? Begin with Chapter 1 to learn about Indiana's regulatory structure and licensing requirements.

Disclaimer

This study guide is for educational purposes only and reflects Indiana insurance laws and regulations as of January 2026. Insurance laws change frequently. Always verify current requirements with the Indiana Department of Insurance before relying on any information for licensing or business decisions.

Good luck on your Indiana Life & Health insurance exam!