Which requirement is NOT necessary for obtaining a Non-Resident License in Indiana?

To obtain a Non-Resident License in Indiana, a key requirement is having a valid producer license from another state, which ensures that the applicant is already certified to sell insurance in their home state. Paying a nonrefundable application fee is also essential, as this fee covers the processing and administrative costs associated with issuing the license. Furthermore, completing the NAIC Uniform application is a standard procedure that helps streamline the process for regulatory bodies.

In contrast, maintaining a business address in Indiana is not a requirement for obtaining a Non-Resident License. This is because a Non-Resident License is designed for individuals who are actively licensed in another state but wish to conduct insurance business in Indiana without being physically based there. Thus, having a business address in Indiana does not apply to those who are non-resident producers.