Authority: IC 27-1-3-7

Affected: IC 27-1-15.5

Sec. 3. As used in this rule or any form adopted pursuant to this rule:

(a) "Approved instructor" means a person who has met the qualifications as prescribed in

760 IAC 1-40-5

[section 5 of this rule]

.

(b) A registered insurance agent program means a course of studies which:

1. (1) is taught by an approved instructor;
2. (2) presents all course materials as designated in the pertinent section of 760 IAC 1-40-6 [section 6 of this rule]; and
3. (3) has been approved by the commissioner.

(c) "Structured setting" is one which meets at a set time and at a fixed location.

(Department of Insurance; 760 IAC 1-40-3; filed Jan 7, 1988, 1:43 p.m.: 11 IR 1588; filed Aug 15, 1988, 4:00 p.m.: 12 IR 25; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 531; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA; readopted filed Nov 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA; readopted filed Nov 19, 2019, 9:18 a.m.: 20191218-IR-760190497RFA; readopted filed Oct 22, 2025, 3:17 p.m.: 20251119-IR-760240637RFA)