Indiana Insurance Exam Guides
Pick the license you're studying for. Each guide covers Indiana-specific requirements, fees, and official links — plus a free practice exam. Then scroll down to explore the Indiana exam's state-law material, mapped.
Free study resource
What's actually tested on the Indiana exam — the state regulations, mapped
Every Indiana insurance exam reserves a block of questions for Indiana-specific law — the fees, deadlines, limits, and rules that generic national study guides gloss over. This is that material: 96 facts from the TESTivity Indiana regulations curriculum, organized the way we teach them. Open a branch, explore, and let the structure do some of the remembering for you.
Every fact below carries its source citation and the date we last verified it (most recently July 2026) — and is re-checked on a schedule. Facts marked tested are ones you should expect to see on the exam.
Life 11 facts
The life insurance rules that differ by state — free look, grace, reinstatement.
- Incontestability period tested2 years from the date of issue (during the insured's lifetime)
- Grace period for individual life testedNot less than 30 days
- Window to reinstate a lapsed policy testedWithin 3 years of premium default, on evidence of insurability and payment of arrears with interest
- Free look for individual life tested10 days for individual life — the owner may return the policy within 10 days for a refund
- Free look for annuities tested10 days — the owner may return an individual annuity by the 10th day
- Free look for long-term care tested30 days for long-term care (IC 27-8-12-12); 30 days for Medicare supplement (IC 27-8-13-17)
- Required nonforfeiture options testedCash surrender value, reduced paid-up insurance, extended term insurance
- Registrations required to sell variable products testedThe Life line plus FINRA securities registration; Variable Life and Variable Annuity is a separate Indiana line
- Does the state regulate viatical/life settlements? testedYes — Indiana's Viatical Settlements law
- Viator's rescission window testedThe LONGER of 15 days after the viator receives the proceeds OR 30 days after the contract is executed
- Has the state adopted the NAIC best interest standard? testedYES — adopted the NAIC best interest standard by rule (760 IAC 1-72), effective July 1, 2024. A producer recommending an annuity must act in the consumer's best interest.
Health 14 facts
Health coverage rules — continuation, prompt pay, mandates, public programs.
- Has the state expanded Medicaid under the ACA? testedYES — Indiana expanded Medicaid through the Healthy Indiana Plan (HIP 2.0), a Section 1115 waiver, effective in 2015
- Effective date of expansion, if expanded testedFebruary 2015 (via the Healthy Indiana Plan 2.0 waiver)
- Agency administering Medicaid testedIndiana Medicaid, administered by the Family and Social Services Administration (FSSA); the expansion population is covered through the Healthy Indiana Plan (HIP)
- Federal marketplace or state-based exchange testedA FEDERALLY-FACILITATED marketplace — Indiana uses HealthCare.gov (no state-based exchange)
- Name of the state CHIP program testedHoosier Healthwise — Indiana's program for children and pregnant women (including CHIP)
- Clean-claim payment deadline, electronic tested30 days to pay or deny an electronic clean claim
- Clean-claim payment deadline, paper tested45 days to pay or deny a paper clean claim
- Does the state distinguish electronic vs paper claims? testedYes — 30 days electronic, 45 days paper
- Interest / penalty on late claim payment testedInterest accrues on a late clean claim (from day 31 for electronic / day 46 for paper); the rate is cross-referenced to IC 12-15-21-3 rather than a flat percentage
- Is the IRO's external review decision binding on the plan? testedYES — Indiana runs a binding external review through a certified Independent Review Organization; the IRO's determination binds the insurer
- Employer size at which federal COBRA applies testedFederal COBRA applies at 20+ employees; Indiana's continuation applies to small employers (1-50)
- Employer size range covered by state continuation testedIndiana's continuation applies to small-employer group plans (1 to 50 employees)
- Duration of state continuation coverage testedUp to 12 months
- Max premium as % of group rate testedUp to 102% of the group premium (a conversion policy is capped at 135%)
Auto 11 facts
Auto insurance — minimum limits, fault system, required coverages.
- Fault-based (tort) or no-fault testedFault-based (tort). Indiana has no no-fault system and no mandatory PIP; fault is allocated under the Comparative Fault Act.
- Minimum bodily injury liability per person tested$25,000
- Minimum bodily injury liability per occurrence tested$50,000
- Minimum property damage liability tested$25,000
- The memorizable shorthand (e.g. 30/60/25) tested25/50/25
- Uninsured motorist: mandatory / must be offered & rejectable / not required testedMust be OFFERED at limits equal to the bodily injury liability limits; the insured may reject uninsured/underinsured motorist coverage in writing
- Underinsured motorist status testedOffered with UM and rejectable in writing; underinsured motorist coverage is offered with a statutory minimum of $50,000 (IC 27-7-5-2)
- Personal injury protection status testedNo PIP — Indiana is a tort state. Medical payments coverage is available but optional.
- Contributory / pure comparative / modified comparative negligence testedModified comparative fault — a 51% bar. Under the Indiana Comparative Fault Act, a claimant whose fault is GREATER THAN the combined fault of all others recovers nothing; otherwise the award is reduced by the claimant's share. NOTE: the Act does NOT apply to claims against governmental entities, which remain governed by contributory negligence.
- The bar percentage, if modified comparative tested51% bar — a claimant more than 50% at fault recovers nothing (in ordinary claims). Claims against governmental entities remain contributory.
- Assigned risk / residual market plan for auto testedThe Indiana Automobile Insurance Plan (assigned risk), for drivers who cannot obtain coverage voluntarily
CE & Renewal 7 facts
Continuing education and renewal rules — the numbers the exam loves.
- How long a license lasts before renewal testedTwo years — the license expires on the last day of the licensee's birth month
- What the renewal date keys off (flat term / birthday / birth year) testedBiennial, tied to the last day of the licensee's birth month
- CE hours per renewal period, standard case tested24 hours of Indiana-approved CE every two years
- CE hours if holding multiple license types (if different) testedStill 24 total — holding multiple lines does not multiply the hours
- Ethics hours required per period tested3 hours of ethics, within the 24
- What happens if CE is not completed (fine / expiry / cancellation) testedA license may not be renewed until CE is satisfied; a license not renewed lapses
- Any CE exemption (e.g. long-service agents) testedCE applies to resident producers; nonresidents satisfy Indiana CE through their home state
Property 7 facts
Property insurance — rate regulation, residual markets, catastrophe exposure.
- Rate regulation system (file-and-use / prior approval / use-and-file) testedFILE-AND-USE (competitive rating) — rates take effect on the filing date or a later specified date; commercial lines are use-and-file. Rates must not be excessive, inadequate, or unfairly discriminatory.
- Is insurance credit scoring permitted in personal lines? testedPermitted but restricted (the Use of Credit Information Act): an insurer may not deny, cancel, nonrenew, or set a renewal rate SOLELY on credit; may not use income, gender, ZIP code, ethnicity, religion, or marital status; and the credit report must be no more than 90 days old.
- Does the state have a FAIR Plan? testedYES — the Indiana Basic Property Insurance Underwriting Association (the FAIR Plan), the insurer of last resort for basic property coverage
- Name of the FAIR Plan, if any testedIndiana Basic Property Insurance Underwriting Association (the FAIR Plan)
- Dominant catastrophe perils in the state testedTornado and severe thunderstorm (with hail and straight-line wind) are Indiana's dominant perils, along with river and flash flooding and winter storms.
- What license you must already hold to write surplus lines testedAn active Indiana property and casualty producer license, plus a separate Surplus Lines producer license
- Is a diligent-effort search of the admitted market required first? testedYes — a diligent effort to place the risk in the admitted market first
Guaranty 10 facts
The safety nets when an insurer fails — and their limits.
- Name of the life & health guaranty association testedIndiana Life and Health Insurance Guaranty Association
- Life death benefit limit tested$300,000
- Life cash surrender / withdrawal value limit tested$100,000 net cash surrender / withdrawal value
- Annuity benefit limit tested$250,000 present value of annuity benefits
- Health benefit limit tested$500,000 for a health benefit plan (major medical); $300,000 for disability income and long-term care; $100,000 for other/basic health
- Aggregate per-individual cap, if any tested$300,000 aggregate per life — except up to $500,000 where a health benefit plan is involved; a single owner of multiple nongroup life policies is capped at $5,000,000
- Does the state follow the standard NAIC model limits? testedYes — standard NAIC model limits, with tiered health
- Name of the P&C guaranty association testedIndiana Insurance Guaranty Association
- Per-claim cap testedCovered claims up to $300,000 per claim (all claims from the bodily injury or death of one person count as a single claim). Workers' compensation claims are paid in full. There is no per-claim dollar deductible; high-net-worth insureds are excluded, and a claim never exceeds the policy limit.
- Is using the guaranty association as a sales inducement prohibited? testedYes — using the existence of the guaranty association to sell insurance is prohibited
Workers Comp 7 facts
Who must carry workers' compensation and what it pays.
- Is workers' compensation mandatory for private employers? testedYes — mandatory for essentially all employers with employees
- Employee count at which coverage is required testedOne or more employees — Indiana requires coverage for essentially all employers with employees. Certain classes (some governmental, banking, and building-and-loan entities that self-insure, plus other statutory exemptions) are excepted.
- Agency administering workers' compensation testedThe Worker's Compensation Board of Indiana
- Temporary total disability wage replacement rate tested66⅔% of the average weekly wage, payable up to 500 weeks; the maximum weekly benefit tracks the statutory maximum average weekly wage ($852 for injuries July 1, 2025-June 30, 2026)
- Maximum TTD duration testedUp to 500 weeks of temporary total disability
- Deadline to file a claim testedGive the employer notice within 30 days of the injury; file a claim within 2 years of the accident (or the last compensation payment)
- Ways an employer may comply (insure / self-insure / group) testedInsure with a licensed carrier, or qualify as an approved self-insurer
Regulator 5 facts
Who regulates insurance here and what powers the office holds.
- Name of the state insurance regulator testedThe Indiana Department of Insurance (IDOI)
- Title of the person who heads it testedInsurance Commissioner
- How the commissioner is chosen: elected / appointed by governor / appointed by other body testedAppointed by the Governor and serving at the Governor's pleasure — not elected
- Where the state's insurance law is codified testedTitle 27 of the Indiana Code (Insurance), with regulations in Title 760 of the Indiana Administrative Code
- Does the regulator sit somewhere unusual (e.g. inside a constitutional commission)? testedNo — a conventional Department of Insurance headed by an appointed Commissioner
Cancellation 7 facts
When and how policies can be canceled or nonrenewed — heavily tested.
- Initial window during which an insurer may cancel more freely tested60 days — after an auto policy has been in effect 60 days, the insurer may cancel only for enumerated reasons
- Notice days to cancel a homeowners policy inside the initial window tested20 days' notice to cancel homeowners in force more than 60 days; 10 days for nonpayment or within the first 60 days. Reasons are furnished on request.
- Notice days to cancel a personal auto policy inside the initial window tested20 days' advance notice to cancel auto; 10 days for nonpayment
- Notice days for cancellation for nonpayment tested10 days for nonpayment of premium (auto and homeowners)
- Notice days for cancellation for other permitted causes tested20 days for permitted causes (auto)
- Notice days required for nonrenewal tested20 days' advance notice of nonrenewal (auto and homeowners); the specific reason is furnished on the insured's written request
- Must the reason be stated proactively, on request, or not at all? testedThe reason for cancellation or nonrenewal is furnished on the insured's written request (not required to be stated in the notice itself)
Licensing 17 facts
How you get and keep the license — exams, fees, applications, background checks.
- Is there a standalone life license/exam? testedYes — a Life line with its own exam
- Is there a standalone health license/exam? testedYes — an Accident and Health or Sickness line with its own exam
- Is there a combined life+health license/exam? testedYes — Indiana offers a COMBINED Life & Health producer exam (Pearson VUE Indiana content outlines), as well as standalone Life and standalone Accident & Health exams. Life and Accident & Health remain separate lines of authority on the license.
- Is there a personal lines license/exam? testedYes — a Personal Lines line with its own exam
- Is P&C one combined license, or split into Property and Casualty? testedCombined — a resident may NOT hold Property and Casualty separately; Property & Casualty are qualified together (IC 27-1-15.6-7(c)). The narrower alternative is the Personal Lines line.
- Does the life license cover annuities? testedYes — annuities are sold under the Life line (Variable Life and Variable Annuity is a separate line that also requires FINRA registration)
- Does the P&C license already include personal lines authority? testedYes — the combined Property & Casualty credential covers personal-lines risks; the Personal Lines line is a narrower subset for those who sell only personal lines
- Full list of exam-based agent license types testedOne Indiana producer license listing any of: Life · Accident and Health or Sickness · Property & Casualty (held together) · Personal Lines · Variable Life and Variable Annuity · Credit · Title — plus a separate Surplus Lines credential
- Exam administrator (Prometric / PSI / Pearson VUE) testedPearson VUE (Pearson Professional Assessments) — at a test center or via OnVUE online proctoring
- License application fee tested$40 for the resident producer license ($40 to renew, biennially)
- Passing score tested70%
- Minimum age to be licensed tested18
- Is pre-licensing education required? testedYES — Indiana requires 20 hours of pre-licensing education per line of authority (40 hours for a dual line)
- Pre-licensing hours and any exceptions (e.g. Title, adjusters) tested20 hours per line of authority (Life; Accident & Health; Property & Casualty; Personal Lines), or 40 hours for a dual line, completed before the exam
- Fingerprints, state police report, or none testedA background review is conducted through the license application; Indiana does not require fingerprinting for a resident producer license
- Who takes the prints / issues the report testedIndiana DOI, via the Sircon/NIPR application
- Where you apply (Sircon / NIPR / state portal) testedSircon (sircon.com/indiana) or NIPR (nipr.com)