Indiana § 27-1-26-9 Policies with failing scores; issuance for delivery authorized upon
certain findings

Indiana Statutes

§ 27-1-26-9 — Policies with failing scores; issuance for delivery authorized upon certain findings

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 26 Policy Language Simplification

The commissioner may authorize a policy to be issued for delivery in Indiana with a score lower than the score required by section 3 of this chapter if he finds that the lower score:

(1)will provide a more accurate reflection of the readability of a policy form;

(2)is necessary because of the nature of a particular policy form or type or class of policy forms; or

(3)is caused by policy language that is drafted to conform to the requirements of Indiana law, regulation, or agency interpretation. As added by Acts 1981, P.L.245, SEC.1.

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The commissioner may authorize a policy to be
issued for delivery in Indiana with a score lower than the score required
by section 3 of this chapter if he finds that the lower score:
(1) will provide a more accurate reflection of the readability of a
policy form;
(2) is necessary because of the nature of a particular policy form
or type or class of policy forms; or
(3) is caused by policy language that is drafted to conform to the
requirements of Indiana law, regulation, or agency interpretation.
As added by Acts 1981, P.L.245, SEC.1.

Indiana § 27-1-26-9 (Policies with failing scores; issuance for delivery authorized upon certain findings) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.