Indiana § 27-1-18-1 Policy provisions; foreign insurers; domestic insurers doing business
in foreign state

Indiana Statutes

§ 27-1-18-1 — Policy provisions; foreign insurers; domestic insurers doing business in foreign state

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 18 Additional Provisions Pertaining to Foreign and Alien

The policies of a foreign or alien life insurance
company, may, when issued in this state, contain any provision which
the laws of the state, territory, district, or country under which the
company is organized prescribes shall be in such policies and the
method of valuation of such policies required by the laws of the state,
territory, district, or country where such company is organized, shall be
accepted by the department, and the policies of a life insurance
company organized under the laws of this state may, when issued or
delivered in any other state, territory, district, or country contain any
provisions required by the laws of the state, territory, district, or
country in which the same are issued or delivered, anything in this
article other than in IC 27-1-12-5(5) to the contrary 

Free access — add to your briefcase to read the full text and ask questions with AI

The policies of a foreign or alien life insurance
company, may, when issued in this state, contain any provision which
the laws of the state, territory, district, or country under which the
company is organized prescribes shall be in such policies and the
method of valuation of such policies required by the laws of the state,
territory, district, or country where such company is organized, shall be
accepted by the department, and the policies of a life insurance
company organized under the laws of this state may, when issued or
delivered in any other state, territory, district, or country contain any
provisions required by the laws of the state, territory, district, or
country in which the same are issued or delivered, anything in this
article other than in IC 27-1-12-5(5) to the contrary notwithstanding,
provided that the provisions of the laws of such state, territory, district,
or country are shown to the satisfaction of the department to as
carefully safeguard the policyholders as do the laws of this state.
Formerly: Acts 1935, c.162, s.234. As amended by
P.L.252-1985, SEC.76.

Indiana § 27-1-18-1 (Policy provisions; foreign insurers; domestic insurers doing business in foreign state) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.