Sec. 9. (a) As used in this chapter, "policy" means a policy or certificate issued in Indiana after June 30, 2015, that provides the kind of insurance described in Class 1 of IC 27-1-5-1.
(b) The term does not include the following:
(1) A policy or certificate that provides a death benefit under:
(A) an employee benefit plan that is subject to the federal Employee Retirement Income Security Act of 1974 (29 U.S.C. 1001 et seq.); or
(B) a federal employee benefit program.
(2) A policy or certificate that is used to fund a preneed funeral contract or prearrangement.
(3) A policy or certificate of credit life or accidental death insurance.
(4) A policy issued to a group policy owner for which the insurer does not provide record keeping services.
As added by P.L.90-2014, SEC.1. Amended by P.L.166-2015, SEC.3.
Structure Indiana Code
Article 2. Powers and Duties of Insurers
Chapter 23. Unclaimed Life Insurance Benefits
27-2-23-1. Application of Chapter
27-2-23-5. "Death Master File"
27-2-23-6. "Death Master File Match"
27-2-23-7. "Knowledge of Death"
27-2-23-10. "Record Keeping Services"
27-2-23-10.2. "Retained Asset Account"
27-2-23-11. Performance of Death Master File Comparison; Frequency; Death Certificate
27-2-23-12. Insurer Duty Related to Possible Death
27-2-23-14. Disclosure of Personal Information
27-2-23-15. Charges Related to Search
27-2-23-16. Order of Payment; Unclaimed Property
27-2-23-17. Commissioner Accommodations for Insurer Compliance
27-2-23-18. Insurer Actions With Respect to Proceeds; Unclaimed Property; Liability