Life Insurance Producer License (IN)

First published: September 2, 2026Last verified: September 2, 2026Reviewed by the CertQuestUSA team

TL;DR

Life Insurance Producer License (IN): a 30-question practice bank for the real Professional Licensing (Real Estate & Insurance) standard, 3 full papers of 30 questions each with no repeats, every question citing the real regulation it comes from.

Where these questions come from

Every question in this bank cites a real source -- primarily I.C. (83%) and 760 IAC (17%) of this exam's citations.

Not sure where you stand? Take the free diagnostic — 10 real questions across the exam's domains, no sign-up required, with a domain-by-domain breakdown at the end.

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3

full papers, no repeats

30

questions per paper

30

questions in the bank

What this exam covers

Continuing Education13%
Free Look Period7%
Licensing Discipline17%
Licensing Requirements17%
Policy Replacement17%
Product Knowledge Beneficiary7%
Product Knowledge Grace Period3%
Product Knowledge Term Life7%
Product Knowledge Underwriting3%
Product Knowledge Universal Life3%
Product Knowledge Whole Life7%

5 real sample questions

How does universal life insurance differ from whole life insurance?

A. Universal life has higher premiums but lower death benefits

B. Universal life policies have flexible premiums and variable interest rates on cash value

C. Universal life policies always expire after 20 years

D. Universal life policies do not accumulate cash value

Source: I.C. 27-1-12

What is the typical grace period for payment of a life insurance premium?

A. 10 days after the due date

B. 15 days after the due date

C. 30 days after the due date

D. 60 days after the due date

Source: I.C. 27-1-12

Under Indiana Administrative Code, what is the definition of life insurance replacement?

A. A change in policy beneficiary on the same existing policy

B. A policy lapse followed by reapplication for the same coverage

C. A transaction in which a new policy is bought and an old policy is terminated

D. A premium increase on an existing life insurance policy

Source: 760 IAC 1-16.1-3

Which conduct is grounds for disciplinary action against an Indiana insurance producer?

A. Intentionally misrepresenting the terms of an insurance contract

B. Passing the required continuing education courses

C. Maintaining accurate records of client transactions

D. Renewing a license on time with the required fee

Source: I.C. 27-1-15.6-12

Which of the following best describes term life insurance?

A. Coverage that lasts for the insured's entire lifetime with fixed premiums

B. Coverage for a fixed period of time at a fixed rate, providing income-tax-free benefits if death occurs during the term

C. Coverage with variable premiums that increase annually with a cash value component

D. Coverage that requires medical underwriting only if the applicant is over age 60

Source: I.C. 27-1-12

Same exam, other states

AL AR AZ CO CT GA IA KS KY LA MA MD MI MN MO MS NC NJ NV OK OR SC TN UT VA WA WI

Real-world data for this exam

Insurance Sales Agents: real median wage (IN)May 2025$61,360/yr

Frequently asked questions

How many questions are on the CertQuestUSA Life Insurance Producer License (IN) practice test?

30 questions total, split into 3 full papers of 30 each with no repeats across papers.

What topics does the Life Insurance Producer License (IN) test cover?

11 domains, with the heaviest weight on Licensing Discipline (17%), Licensing Requirements (17%), and Policy Replacement (17%).

Where do CertQuestUSA's Life Insurance Producer License (IN) questions come from?

Primarily I.C. (83%) and 760 IAC (17%) of this bank's citations -- computed directly from this exam's own question sources, not a generic description.

Is there a free diagnostic for Life Insurance Producer License (IN)?

Yes -- 10 real questions across the exam's domains, no sign-up required, with a domain-by-domain breakdown at the end.