§ 27-1-27-19 — Public adjuster contract voidable

Indiana § 27-1-27-19

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 27: Public Adjusters

Text

(a) A contract between a public adjuster and
an insured is voidable at the option of the insured at any time not more
than three (3) business days after the day on which the insurer is
provided a copy of the contract under section 13(a)(2) of this chapter.
(b) An insured may void a contract with a public adjuster by
notifying the public adjuster in writing of the insured's decision to void
the contract. The written notification must be transmitted to the public
adjuster by:
(1) registered or certified mail, return receipt requested, sent to
the address of the public adjuster shown on the contract;
(2) personally serving the notice on the public adjuster; or
(3) sending an electronic mail to the public adjuster at the
electronic mail address shown on the contract.
(c) If the insured exercises the right to void the contract under this
section, the public adjuster shall return to the insured anything of value
that the insured gave to the public adjuster under the contract before
the voiding of the contract. The public adjuster shall return things of
value to the insured under this section not more than fifteen (15)
business days after the day on which the public adjuster receives notice
under subsection (b) of the insured's decision to void the contract.

Legislative History

As added by P.L.226-2023, SEC.14.