Indiana Code
Chapter 15.6. Insurance Producers
27-1-15.6-11. Temporary Insurance Producer License

Sec. 11. (a) If the commissioner considers the issuance of a temporary license necessary for the servicing of an insurance business, the commissioner, without requiring an examination, may issue a temporary insurance producer license for a period of not more than one hundred eighty (180) days to any of the following:
(1) To the surviving spouse or court-appointed personal representative of a licensed individual insurance producer who dies or becomes mentally or physically disabled:
(A) to allow adequate time for the sale of the insurance business owned by the producer;
(B) to provide for the servicing of the insurance business until the recovery or return of the producer to the business; or
(C) to provide for the training and licensing of new personnel to operate the producer's business.
(2) To a member or employee of a business entity licensed as an insurance producer, upon the death or disability of an individual designated in the business entity application or the license.
(3) To the designee of a licensed individual insurance producer entering active service in the armed forces of the United States of America.
(4) To an individual in any other circumstance where the commissioner considers the public interest to be best served by the issuance to the individual of a temporary insurance producer license.
(b) The commissioner may by order limit the authority of a temporary licensee in any way considered necessary to protect insureds and the public. The commissioner may require the temporary licensee to have a suitable sponsor who is a licensed producer or insurer and who assumes responsibility for all acts of the temporary licensee and may impose other, similar requirements designed to protect insureds and the public.
(c) The commissioner may by order revoke a temporary insurance producer license if the interest of insureds or the public are endangered. A temporary insurance producer license issued under subsection (a)(1)(A) expires at the time the owner or the personal representative disposes of the business.
As added by P.L.132-2001, SEC.3.

Structure Indiana Code

Indiana Code

Title 27. Insurance

Article 1. Department of Insurance

Chapter 15.6. Insurance Producers

27-1-15.6-1. Applicability of Chapter

27-1-15.6-2. Definitions

27-1-15.6-3. Required Licensing

27-1-15.6-4. Insurance Producer License; When Not Required

27-1-15.6-5. Licensing Examination

27-1-15.6-6. Application for Resident Insurance Producer

27-1-15.6-7. Insurance Producer Licenses; Qualifications; Expiration; Renewal; Registry

27-1-15.6-7.3. Insurance Producer Frameable Certificates

27-1-15.6-8. Nonresident Producer License

27-1-15.6-8.2. Designated Home State License

27-1-15.6-9. Prelicensing Education; Exemptions

27-1-15.6-10. Use of Assumed Name

27-1-15.6-11. Temporary Insurance Producer License

27-1-15.6-12. Penalties

27-1-15.6-13. No Consideration Given to Unlicensed Sellers

27-1-15.6-13.5. Applicability; Disclosure to Policyholder or Subscriber; Copy of Written Notification; Exclusion

27-1-15.6-14. Insurance Producer Acting as Agent of Insurer

27-1-15.6-15. Notification of Termination

27-1-15.6-16. Nonresident License Applicant With License From Other State

27-1-15.6-17. Reports of Administrative Actions or Criminal Prosecutions Against Producers

27-1-15.6-18. Issuance of Limited Lines Producer's License Without Examination

27-1-15.6-19. Prearranged Funeral Insurance

27-1-15.6-19.5. Annuities; Insurance Producer Qualifications and Training

27-1-15.6-19.7. Repealed

27-1-15.6-19.9. Travel Insurance; Limited Lines Travel Insurance Producer License; Requirements

27-1-15.6-20. Crop Hail Insurance

27-1-15.6-21. Service of Process

27-1-15.6-22. Compensation; Restrictions

27-1-15.6-23. Insurance Consultant License

27-1-15.6-24. Commercial Property and Casualty Insurance

27-1-15.6-24.1. Personal Property and Casualty Fees

27-1-15.6-25. Representation of a Fraternal Benefit Society

27-1-15.6-26. Limited Lines Producer

27-1-15.6-27. Solicitor's License

27-1-15.6-28. Suspension of License

27-1-15.6-29. Notice of Probationary Status for Failure to Pay Child Support; Suspension; Reinstatement

27-1-15.6-29.5. Determination of Suspension or Revocation of License

27-1-15.6-30. Authority to Enforce Compliance

27-1-15.6-31. Producers Not to Be Named as Beneficiaries

27-1-15.6-32. Fees for Licensure

27-1-15.6-33. Rules

27-1-15.6-34. Hearings