Indiana Code
Chapter 12. Life Insurance Company Powers and Policy Requirements
27-1-12-9. Repealed

Formerly: Acts 1935, c.162, s.153; Acts 1943, c.189, s.4. As amended by P.L.252-1985, SEC.62. Repealed by P.L.276-2013, SEC.4.

Structure Indiana Code

Indiana Code

Title 27. Insurance

Article 1. Department of Insurance

Chapter 12. Life Insurance Company Powers and Policy Requirements

27-1-12-0.1. Application of Certain Amendments to Chapter

27-1-12-1. Particular Rights, Privileges, and Powers

27-1-12-2. Investments; Categories, Conditions, Limitations, and Standards

27-1-12-2.1. Repealed

27-1-12-2.2. Derivative Transactions

27-1-12-2.4. Participation in Certain Investment Pools; Requirements for Pooling Agreements

27-1-12-2.5. Investments; Assets of Certain Segregated Investment Accounts; Limitations and Exceptions

27-1-12-3. Real Estate

27-1-12-3.5. Intangible Assets Attributable to Investment in Subsidiary; Exceptions

27-1-12-4. Valuation of Bonds and Securities

27-1-12-5. Required Provisions of Policies Between July 1, 1935, and Transition Date or January 1, 1948

27-1-12-6. Required Provisions of Policies After Transition Date or January 1, 1948

27-1-12-7. Required Provisions Relating to Defaulting or Surrendering Policyholder

27-1-12-8. Prohibited Provisions

27-1-12-9. Repealed

27-1-12-10. Repealed

27-1-12-10.1. Repealed

27-1-12-10.5. Rules for Minimum Standards for Establishment of Reserves

27-1-12-11. Deposit of Assets to Cover Reserve Valuation and Liabilities; Additional Deposits; Foreign Deposits; Continuation of Deposits Under Superseded Laws

27-1-12-12. Transition Period; Selection of Date; Effect

27-1-12-13. Filing Form of Policy With Department; Objections; Effect on Right to Issue

27-1-12-14. Designation of Beneficiary; Change of Beneficiary; Eligible Beneficiaries; Exemption of Policy Proceeds From Claims of Creditors

27-1-12-15. Competency of Certain Minors to Contract for Insurance and Receive Payments

27-1-12-16. Proceeds of Life Insurance; Definition; Payment to Trustees

27-1-12-17. Authority of Corporation to Insure Life of Director, Officers, Agent, or Employee; Consent to Change of Beneficiary

27-1-12-17.1. Acquisition of Insurable Interest in and Policy on Life of Employee

27-1-12-18. Contract to Extend Time for Premium Payments

27-1-12-19. Ascertainment of Indebtedness Due Upon Policy or Premium Loans; Interest

27-1-12-20. Premium Deposits; Maximum; Inclusion in Cash Surrender Value; Disposition; Withdrawal

27-1-12-21. Power to Hold Proceeds Under Trust or Other Agreement With Policyholder

27-1-12-22. Impairment of Assets or Capital; Notice of Time for Restoration; Suspension of Right to Issue New Policies

27-1-12-23. Procedure for Converting Domestic Stock Life Insurance Company Into Mutual Life Insurance Company

27-1-12-24. Offering Stock or Certificates as Inducement for Purchase of Insurance or Annuity; Revocation of Authority

27-1-12-25. Misrepresentation of Policy Terms or Benefits; Inducing Policyholder to Lapse, Forfeit, or Surrender Insurance

27-1-12-26. Fraudulent Representations; Offense

27-1-12-27. Repealed

27-1-12-28. Repealed

27-1-12-29. Group Life Insurance; Exemption of Proceeds From Legal Process

27-1-12-30. Group Life Insurance; Assignment of Incidents of Ownership

27-1-12-31. Authority to Issue Life or Endowment Insurance Upon Group Plan; Special Premium Rates; Valuation of Policies; Segregation

27-1-12-32. Financial Qualifications of Companies Issuing Certain Contracts

27-1-12-33. Variable Life Insurance Policies; Contents; Regulation

27-1-12-34. Repealed

27-1-12-34.1. Wholesale, Franchise, and Employee Term Life Insurance; Issuance or Delivery; Requirements

27-1-12-35. Life Insurance Proceeds; Payment; Time Limit; Liability for Interest

27-1-12-36. Repealed

27-1-12-37. Group Life Insurance; Eligible Policyholders; Regulations

27-1-12-38. Group Life Insurance; Requirements for Issuance of Policy to Certain Groups

27-1-12-39. Direct Response Solicitations; Notice of Payment of Compensation

27-1-12-40. Group Life Insurance; Premiums; Spouse or Dependent Child Coverage

27-1-12-41. Group Life Insurance; Required Provisions

27-1-12-42. Group Life Insurance; Conversion Rights; Notice; Time to Exercise Rights

27-1-12-43. Life Insurance Provision Allowing for Right to Return Policy

27-1-12-44. Stranger Originated Life Insurance Allegation; Lack of Insurable Interest

27-1-12-45. Execution of Post Form Does Not Affect Life Insurance; Prohibition on Consideration of Post Form in Determining Life Insurance Premiums

27-1-12-46. Policy or Certificate Designated for Purchase of Funeral Services or Merchandise; Representations by Issuer; Required Disclosures; Violations