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Indiana Code
Title 27
1
Chapter 12
IC 27-1-12
Life Insurance Company Powers and Policy Requirements
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0.1
Application of certain amendments to chapter
1
Particular rights, privileges, and powers
2
Investments; categories, conditions, limitations, and standards
2.1
Repealed
2.2
Derivative transactions
2.4
Participation in certain investment pools; requirements for pooling agreements
2.5
Investments; assets of certain segregated investment accounts; limitations and exceptions
3
Real estate
3.5
Intangible assets attributable to investment in subsidiary; exceptions
4
Valuation of bonds and securities
5
Required provisions of policies between July 1, 1935, and transition date or January 1, 1948
6
Required provisions of policies after transition date or January 1, 1948
7
Required provisions relating to defaulting or surrendering policyholder
8
Prohibited provisions
9
Repealed
10
Repealed
10.1
Repealed
10.5
Rules for minimum standards for establishment of reserves
11
Deposit of assets to cover reserve valuation and liabilities; additional deposits; foreign deposits; continuation of deposits under superseded laws
12
Transition period; selection of date; effect
13
Filing form of policy with department; objections; effect on right to issue
14
Designation of beneficiary; change of beneficiary; eligible beneficiaries; exemption of policy proceeds from claims of creditors
15
Competency of certain minors to contract for insurance and receive payments
16
Proceeds of life insurance; definition; payment to trustees
17
Authority of corporation to insure life of director, officers, agent, or employee; consent to change of beneficiary
17.1
Acquisition of insurable interest in and policy on life of employee
18
Contract to extend time for premium payments
19
Ascertainment of indebtedness due upon policy or premium loans; interest
20
Premium deposits; maximum; inclusion in cash surrender value; disposition; withdrawal
21
Power to hold proceeds under trust or other agreement with policyholder
22
Impairment of assets or capital; notice of time for restoration; suspension of right to issue new policies
23
Procedure for converting domestic stock life insurance company into mutual life insurance company
24
Offering stock or certificates as inducement for purchase of insurance or annuity; revocation of authority
25
Misrepresentation of policy terms or benefits; inducing policyholder to lapse, forfeit, or surrender insurance
26
Fraudulent representations; offense
27
Repealed
28
Repealed
29
Group life insurance; exemption of proceeds from legal process
30
Group life insurance; assignment of incidents of ownership
31
Authority to issue life or endowment insurance upon group plan; special premium rates; valuation of policies; segregation
32
Financial qualifications of companies issuing certain contracts
33
Variable life insurance policies; contents; regulation
34
Repealed
34.1
Wholesale, franchise, and employee term life insurance; issuance or delivery; requirements
35
Life insurance proceeds; payment; time limit; liability for interest
36
Repealed
37
Group life insurance; eligible policyholders; regulations
38
Group life insurance; requirements for issuance of policy to certain groups
39
Direct response solicitations; notice of payment of compensation
40
Group life insurance; premiums; spouse or dependent child coverage
41
Group life insurance; required provisions
42
Group life insurance; conversion rights; notice; time to exercise rights
43
Life insurance provision allowing for right to return policy
44
Stranger originated life insurance allegation; lack of insurable interest
45
Execution of POST form does not affect life insurance; prohibition on consideration of POST form in determining life insurance premiums
46
Policy or certificate designated for purchase of funeral services or merchandise; representations by issuer; required disclosures; violations