Indiana State Life and Health Insurance Practice Exam

What must agents do prior to soliciting business in Indiana?

1. Provide a sales script

2. Obtain a valid license

3. Complete a training course

4. Publish their fees

The correct answer is: Obtain a valid license

In Indiana, agents are required to obtain a valid insurance license before they can legally solicit any business. This requirement ensures that agents have met the necessary educational and regulatory standards to provide insurance products and services to consumers. Holding a valid license signifies that the agent is knowledgeable about the insurance products they offer and is familiar with the applicable state laws and regulations governing insurance practices. This regulation helps protect consumers by ensuring they are dealing with qualified professionals who are expected to adhere to industry standards and ethical practices. While providing a sales script, completing a training course, or publishing fees might be beneficial practices for agents, they are not mandatory prerequisites to solicit business in Indiana. The licensing requirement is fundamental in maintaining the integrity and professionalism of the insurance industry in the state.