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27-1-12-0.1. Application of Certain Amendments to Chapter - Sec. 0.1. The addition of sections 37, 38, 39, 40,...
27-1-12-1. Particular Rights, Privileges, and Powers - Sec. 1. In addition to the general rights, privileges, and...
27-1-12-2. Investments; Categories, Conditions, Limitations, and Standards - Sec. 2. (a) The following definitions apply to this section:...
27-1-12-2.1. Repealed - As added by P.L.31-1988, SEC.11. Repealed by P.L.26-1991, SEC.28.
27-1-12-2.2. Derivative Transactions - Sec. 2.2. (a) The following definitions apply to this section:...
27-1-12-2.4. Participation in Certain Investment Pools; Requirements for Pooling Agreements - Sec. 2.4. (a) The following definitions apply to this section:...
27-1-12-2.5. Investments; Assets of Certain Segregated Investment Accounts; Limitations and Exceptions - Sec. 2.5. (a) A domestic life insurance company, which has...
27-1-12-3. Real Estate - Sec. 3. Any domestic life insurance company shall have power...
27-1-12-3.5. Intangible Assets Attributable to Investment in Subsidiary; Exceptions - Sec. 3.5. Goodwill, trade names, and other like intangible assets...
27-1-12-4. Valuation of Bonds and Securities - Sec. 4. (a) All bonds or other evidences of debt...
27-1-12-5. Required Provisions of Policies Between July 1, 1935, and Transition Date or January 1, 1948 - Sec. 5. (a) No policy of life insurance, other than...
27-1-12-6. Required Provisions of Policies After Transition Date or January 1, 1948 - Sec. 6. (a) No policy of life insurance, other than...
27-1-12-7. Required Provisions Relating to Defaulting or Surrendering Policyholder - Sec. 7. (a) No policy of life insurance, except as...
27-1-12-8. Prohibited Provisions - Sec. 8. No policy of life insurance shall hereafter be...
27-1-12-9. Repealed - Formerly: Acts 1935, c.162, s.153; Acts 1943, c.189, s.4. As...
27-1-12-10. Repealed - Formerly: Acts 1935, c.162, s.153A; Acts 1943, c.189, s.5; Acts...
27-1-12-10.1. Repealed - As added by P.L.130-1994, SEC.18 and P.L.116-1994, SEC.23. Repealed by...
27-1-12-10.5. Rules for Minimum Standards for Establishment of Reserves - Sec. 10.5. The department shall adopt rules under IC 4-22-2...
27-1-12-11. Deposit of Assets to Cover Reserve Valuation and Liabilities; Additional Deposits; Foreign Deposits; Continuation of Deposits Under Superseded Laws - Sec. 11. (a) After the department has ascertained the net...
27-1-12-12. Transition Period; Selection of Date; Effect - Sec. 12. The period beginning July 1, 1943, and ending...
27-1-12-13. Filing Form of Policy With Department; Objections; Effect on Right to Issue - Sec. 13. A policy of life insurance shall not be...
27-1-12-14. Designation of Beneficiary; Change of Beneficiary; Eligible Beneficiaries; Exemption of Policy Proceeds From Claims of Creditors - Sec. 14. (a) As used in this section, "premium" includes...
27-1-12-15. Competency of Certain Minors to Contract for Insurance and Receive Payments - Sec. 15. (a) Any person who is not of the...
27-1-12-16. Proceeds of Life Insurance; Definition; Payment to Trustees - Sec. 16. (A) The terms "proceeds" and "proceeds of life...
27-1-12-17. Authority of Corporation to Insure Life of Director, Officers, Agent, or Employee; Consent to Change of Beneficiary - Sec. 17. Any corporation organized under the laws of this...
27-1-12-17.1. Acquisition of Insurable Interest in and Policy on Life of Employee - Sec. 17.1. (a) As used in this section, "employee" includes...
27-1-12-18. Contract to Extend Time for Premium Payments - Sec. 18. A life insurance company may enter into subsequent...
27-1-12-19. Ascertainment of Indebtedness Due Upon Policy or Premium Loans; Interest - Sec. 19. In ascertaining the indebtedness due upon policy or...
27-1-12-20. Premium Deposits; Maximum; Inclusion in Cash Surrender Value; Disposition; Withdrawal - Sec. 20. No life insurance company shall receive or accept,...
27-1-12-21. Power to Hold Proceeds Under Trust or Other Agreement With Policyholder - Sec. 21. Any life insurance company organized under the laws...
27-1-12-22. Impairment of Assets or Capital; Notice of Time for Restoration; Suspension of Right to Issue New Policies - Sec. 22. If it appears to the department from an...
27-1-12-23. Procedure for Converting Domestic Stock Life Insurance Company Into Mutual Life Insurance Company - Sec. 23. Any domestic stock life insurance company may become...
27-1-12-24. Offering Stock or Certificates as Inducement for Purchase of Insurance or Annuity; Revocation of Authority - Sec. 24. No life insurance company doing business in this...
27-1-12-25. Misrepresentation of Policy Terms or Benefits; Inducing Policyholder to Lapse, Forfeit, or Surrender Insurance - Sec. 25. No life insurance company doing business in this...
27-1-12-26. Fraudulent Representations; Offense - Sec. 26. A person who knowingly makes any false or...
27-1-12-27. Repealed - Formerly: Acts 1935, c.162, s.166; Acts 1943, c.311, s.1; Acts...
27-1-12-28. Repealed - Formerly: Acts 1935, c.162, s.167; Acts 1953, c.228, s.2. Repealed...
27-1-12-29. Group Life Insurance; Exemption of Proceeds From Legal Process - Sec. 29. (a) As used in this section, "premium" includes...
27-1-12-30. Group Life Insurance; Assignment of Incidents of Ownership - Sec. 30. No provision of this article or of any...
27-1-12-31. Authority to Issue Life or Endowment Insurance Upon Group Plan; Special Premium Rates; Valuation of Policies; Segregation - Sec. 31. Any life insurance company may issue life or...
27-1-12-32. Financial Qualifications of Companies Issuing Certain Contracts - Sec. 32. A domestic life insurance company shall not issue...
27-1-12-33. Variable Life Insurance Policies; Contents; Regulation - Sec. 33. Variable life insurance policies (contracts providing for immediate...
27-1-12-34. Repealed - Repealed, as added by Acts 1977, P.L.284, SEC.1, by Acts...
27-1-12-34.1. Wholesale, Franchise, and Employee Term Life Insurance; Issuance or Delivery; Requirements - Sec. 34.1. (a) No policy of wholesale, franchise, or employee...
27-1-12-35. Life Insurance Proceeds; Payment; Time Limit; Liability for Interest - Sec. 35. (a) Any resident of this state who becomes...
27-1-12-36. Repealed - As added by Acts 1979, P.L.251, SEC.1. Repealed by P.L.254-1985,...
27-1-12-37. Group Life Insurance; Eligible Policyholders; Regulations - Sec. 37. Except as provided in section 38 of this...
27-1-12-38. Group Life Insurance; Requirements for Issuance of Policy to Certain Groups - Sec. 38. (a) Group life insurance offered to a resident...
27-1-12-39. Direct Response Solicitations; Notice of Payment of Compensation - Sec. 39. (a) As used in this section, "direct response...
27-1-12-40. Group Life Insurance; Premiums; Spouse or Dependent Child Coverage - Sec. 40. Except for a policy that conforms to the...
27-1-12-41. Group Life Insurance; Required Provisions - Sec. 41. (a) A policy of group life insurance may...
27-1-12-42. Group Life Insurance; Conversion Rights; Notice; Time to Exercise Rights - Sec. 42. (a) If a person who: (1) is insured...
27-1-12-43. Life Insurance Provision Allowing for Right to Return Policy - Sec. 43. (a) As used in this section, "life insurance...
27-1-12-44. Stranger Originated Life Insurance Allegation; Lack of Insurable Interest - Sec. 44. (a) This section applies to a life insurance...
27-1-12-45. Execution of Post Form Does Not Affect Life Insurance; Prohibition on Consideration of Post Form in Determining Life Insurance Premiums - Sec. 45. (a) The execution of a POST form under...
27-1-12-46. Policy or Certificate Designated for Purchase of Funeral Services or Merchandise; Representations by Issuer; Required Disclosures; Violations - Sec. 46. (a) This section applies to a life insurance...