Authority: IC 27-1-3-7

Affected: IC 27-1-15.5

Sec. 5. (a) An approved instructor must meet the following criteria:

1. (1) hold a high school diploma; and

2. (2) acquired the following experience:

   1. (A) a valid teaching certificate for two (2) or more years; or
   2. (B) two (2) or more years of managerial, supervisory or teaching experience in the insurance industry; or
   3. (C) earned the designation of CLU, CPCU, FLMI, CIC or CHFC.

(b) No person may qualify as an approved instructor who:

1. (1) has been convicted of a crime involving moral turpitude; or
2. (2) has had his/her insurance agents license suspended or revoked in Indiana or in any other state; or
3. (3) at the time of application, has outstanding any fines imposed by the commissioner for insurance related disciplinary offenses; or
4. (4) is on the most recent tax warrant list supplied to the commissioner by the department of state revenue.

(Department of Insurance; 760 IAC 1-40-5; filed Jan 7, 1988, 1:43 pm: 11 IR 1589; 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)