Sec. 1. (a) As used in this chapter, "ancillary protection product" means a protective chemical, substance, device, or system that is:
(1) installed on or applied to a motor vehicle;
(2) formulated or designed to:
(A) prevent; or
(B) minimize the likelihood of;
a specified loss or damage to a motor vehicle from a specific cause; and
(3) sold with a service contract under which the provider agrees to pay specified incidental costs incurred by the holder as a result of the failure of the chemical, substance, device, or system to prevent or minimize the loss or damage described in subdivision (2).
(b) As used in this chapter, "ancillary protection product" includes the following:
(1) Protective chemicals.
(2) Alarm systems.
(3) Body part marking products.
(4) Steering locks.
(5) Window etching products.
(6) Pedal and ignition locks.
(7) Fuel and ignition kill switches.
(8) Electronic, radio, and satellite tracking devices.
(c) As used in this chapter, "ancillary protection product" does not include the following:
(1) Fuel additives.
(2) Oil additives.
(3) Other chemical products applied to the engine, transmission, or fuel system of a motor vehicle.
As added by P.L.129-2014, SEC.10.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 43.2. Service Contracts
27-1-43.2-1. "Ancillary Protection Product"
27-1-43.2-3. "Incidental Cost"
27-1-43.2-7. "Service Contract"
27-1-43.2-8. "Service Contract Reimbursement Policy"
27-1-43.2-10. Service Contract Characterization and Regulation
27-1-43.2-11. Service Contract Requirements
27-1-43.2-12. Service Contract Form
27-1-43.2-13. Service Contract Reimbursement Policy Form
27-1-43.2-14. Application of Chapter Provisions
27-1-43.2-15. Commissioner Authority; Violations
27-1-43.2-16. Administrative Hearing