1.3 License Maintenance and Continuing Education
Key Takeaways
- Indiana insurance licenses must be renewed every 2 years on the last day of the birth month
- Renewal requires 24 hours of continuing education, including 3 hours of ethics (for life/health)
- P&C producers are NOT required to complete the 3-hour ethics requirement
- A maximum of 12 excess hours can be carried over to the next license term
- Producers age 70+ with 20+ years continuous licensure may be exempt from CE
Indiana insurance licenses require ongoing maintenance through continuing education and timely renewal.
License Terms and Renewal
Biennial Renewal System
| Item | Requirement |
|---|---|
| License Term | 2 years (biennial) |
| Renewal Date | Last day of birth month |
| Renewal Method | Online through Sircon or NIPR |
License Expiration
Indiana licenses expire on the last day of the producer's birth month every 2 years.
Continuing Education Requirements
Indiana requires 24 hours of continuing education (CE) every 2 years:
CE Breakdown by License Type
| License Type | Total Hours | Ethics Hours |
|---|---|---|
| Life, Accident & Health | 24 hours | 3 hours required |
| Life, Health, Variable Life & Annuity | 24 hours | 3 hours required |
| Property & Casualty | 24 hours | Ethics NOT required |
| Title Only Producer | 7 hours | N/A |
| Bail Agent or Recovery Agent | 6 hours | N/A |
| Adjusters | 24 hours | N/A |
Ethics Requirement Details
The 3-hour ethics requirement applies to:
- Life insurance producers
- Accident & Health insurance producers
- Variable Life & Annuity producers
- Life, Accident & Health combined producers
Important: The ethics course must be related to ethical practices in the marketing and sale of life, health, or annuity insurance products.
Exam Tip: P&C producers are NOT required to complete the 3-hour ethics requirement.
CE Course Requirements
- Must be completed at IDOI-approved providers
- Online and classroom options available
- Cannot repeat same course within a 2-year license term
- CE must be completed BEFORE license expiration
Carryover Credits
For licenses renewing January 1, 2022 and after:
| Carryover Rule | Details |
|---|---|
| Maximum carryover | 12 hours to next license term |
| Ethics hours | Cannot be carried over as excess |
| LTC specific hours | Cannot be carried over as excess |
CE Exemptions
Producers may be exempt from CE requirements if they meet certain criteria:
| Exemption Type | Requirements |
|---|---|
| Age + Experience | At least 70 years old AND continuously licensed for at least 20 years |
| Inactive Status | No longer solicits insurance but maintains license to collect commissions on existing business |
Non-Resident Exemption
Non-resident producers are exempt from Indiana's CE requirements if:
- Licensed in their home state
- In compliance with their home state's CE requirements
Reporting Requirements
Indiana producers must notify IDOI of changes within 30 days:
Required Notifications
- Change of business address
- Change of residence address
- Change of name
- Administrative actions by other states
- Criminal charges or convictions
How to Report
- Update through Sircon or NIPR online portal
- Or submit in writing to IDOI
- Failure to report is a violation
Disciplinary Actions
IDOI can take disciplinary action against licensees for violations:
Grounds for Discipline
- Violating insurance laws or regulations
- Fraudulent or dishonest practices
- Misappropriation of funds
- Misrepresentation to clients
- Failure to maintain CE
- Failure to report required information
- Criminal conviction
Types of Discipline
| Action | Description |
|---|---|
| Warning | Letter for minor violations |
| Probation | License continues with conditions |
| Fine | Monetary penalty per violation |
| Suspension | Temporary loss of license |
| Revocation | Permanent loss of license |
License Status Types
| Status | Meaning |
|---|---|
| Active | License current and in good standing |
| Inactive | Not actively selling (voluntary) |
| Expired | License term ended, not renewed |
| Suspended | Temporary disciplinary action |
| Revoked | License permanently cancelled |
Special Product Training Requirements
Annuity Training
Indiana producers selling annuities must complete:
- One-time annuity suitability/best interest training
- Training required before selling any annuity products
Long-Term Care (LTC) Training
| Training Type | Requirement |
|---|---|
| Initial Training | One-time 8-hour certification course |
| Ongoing Training | 4 hours every 2 years |
How many hours of continuing education does Indiana require for Life, Accident & Health license renewal?
How many hours of ethics CE are required for Indiana Life, Accident & Health producers?
When do Indiana insurance licenses expire?
Which producers may be exempt from Indiana CE requirements?