Section 760 IAC 1-40-5.1 - Renewal for approved instructorAuthority: IC 27-1-3-7
Affected: IC 27-1-15.5
Sec. 5.1.
(a) Qualification of an approved instructor is valid for three (3) years from the date of the approval by the commissioner of the instructor's most recent application to qualify as an instructor.(b) An approved instructor who desires to renew qualification to be an instructor shall submit to the commissioner no later than sixty (60) days prior to the expiration of the instructor's qualification, the following: (1) An application for renewal of approval as an instructor.(c) Approval for a qualified instructor is valid only for the registered insurance agent program for which the applicant is to be affiliated, as indicated on the application.(d) An approved instructor may transfer to a registered insurance agent program other than that for which the instructor is approved only after: (1) written approval of the commissioner; and(2) payment of a transfer fee to the commissioner.(e) An approved instructor may obtain approval to be an instructor at a registered agent program additional to that for which the instructor is approved only after: (1) submission of an application for additional approval; and(2) payment of an additional approval fee to the commissioner.Department of Insurance; 760 IAC 1-40-5.1; filed Aug 4, 1992, 5:00 p.m.: 15 IR 2589; 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 November 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFAReadopted filed 11/19/2019, 9:18 a.m.: 20191218-IR-760190497RFA