Indiana Statutes

§ 27-1-39-6 — "Self-insurance fund" defined

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 39 Independent Educational Institution Self-Insurance

As used in this chapter, "self-insurance fund" means a fund established by a consortium to provide money sufficient to:

(1)cover self-insured risk retained by the consortium;
(2)pay premiums for stop-loss insurance coverage; and
(3)pay the administrative and other costs of the consortium.

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Legislative History

As added by P.L.38-2006, SEC.1.

Nearby Sections

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