Indiana Statutes

§ 27-1-25-7 — Payment of claims

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 25 Insurance Administrators

All claims paid by an administrator from funds collected on behalf of an insurer shall be paid:

(1)by draft or check; or
(2)via electronic payment; as authorized by the insurer. As added by Acts 1980, P.L.168, SEC.2. Amended by Acts 1982, P.L.165, SEC.5; P.L.160-2003, SEC.11; P.L.130-2020, SEC.5.

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