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Life and Health Insurance Producer Exam

Licensing (IN): practice questions

Our Life & Health Insurance bank has 12 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Indiana

How often are Indiana resident insurance producer license renewal fees due?

  1. Every year, on the license anniversary
  2. Every four years
  3. Every two years
  4. Every three years, on the birth date
Show the answer

C. Every two years — IC 27-1-15.6-32(b).

Question 2 · Indiana

How many hours must a certified Indiana prelicensing course for combined life and health insurance producers include?

  1. At least 30 hours of classroom study only
  2. At least 8
  3. At least 40 hours
  4. At least 24 hours
Show the answer

C. At least 40 hours — IC 27-1-15.7-5(a)(2)(C) (20 hours each for life alone or health alone).

Question 3 · Indiana

When must an Indiana producer report a criminal prosecution brought against the producer to the commissioner?

  1. Within 10 days of arrest
  2. Within 30 days after the initial pretrial hearing date
  3. At the next renewal, on the application
  4. Only after a conviction becomes final on appeal
Show the answer

B. Within 30 days after the initial pretrial hearing date — IC 27-1-15.6-17(b).

Question 4 · Indiana

Before approving a business entity's Indiana producer license, what must the commissioner find besides payment of fees?

  1. It has posted a surety bond in the amount set by rule for insurance agencies
  2. It has been organized under Indiana law for two years
  3. Every owner holds an individual Indiana producer license
  4. It has named a licensed individual producer responsible for its compliance
Show the answer

D. It has named a licensed individual producer responsible for its compliance — IC 27-1-15.6-6(d).

Question 5 · Indiana

Within how many days must an Indiana licensee notify the commissioner of a change of address?

  1. 10 business days
  2. 5 business days
  3. 30 days
  4. Before the next renewal date
Show the answer

C. 30 days — IC 27-1-15.6-7(h).

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