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IC 27-8-19.8 – Viatical Settlements | Midpage
Collections
Indiana Code
Title 27
8
Chapter 19.8
IC 27-8-19.8
Viatical Settlements
1
"Applicant" defined
2
"Department" defined
3
"Insured" defined
4
Repealed
4.3
"Viatical settlement agent" defined
4.5
"Viatical settlement broker" defined
5
"Viatical settlement provider" defined
6
"Viatical settlement contract" defined
6.5
"Viaticated policy" defined
7
"Person" defined
7.8
"Stranger originated life insurance" defined
8
"Viator" defined
8.5
Persons required to be licensed as insurance producer with life qualification
8.6
Exemptions from licensing requirement
8.7
Fiduciary duties of viatical settlement brokers
9
License required for viatical settlement providers
9.2
Insurance producer remuneration
10
Application and fee for license
11
Investigation of applicant; issuance of license
12
Refusal to issue license
13
Nonresident licenses
14
Individuals authorized to act as viatical settlement benefits providers
15
Expiration and renewal of license
16
Disclosure of identity of individuals associated with viatical settlement providers
17
Annual reports
18
Examination of viatical settlement provider or applicant
19
Suspension, revocation, or refusal to renew license
20
Repealed
20.1
Stranger originated life insurance; prohibition
21
Required terms of viatical settlement contract
22
Form for viatical settlement contract
23
Required disclosures to viator; information to insured
24
Prerequisites to viatical settlement contract
24.2
Payment of proceeds of settlement to trust or escrow account; transfer of proceeds of settlement to viator
24.7
Disclosure of identity of viator
24.8
Applicability of IC 16-39 to release of insured's medical records
24.9
Contacts with insured for purpose of determining health status
25
Standards for evaluation of reasonableness of payments under viatical settlement contract
26
Adoption of rules