Indiana § 27-1-43.2-13 Service contract reimbursement policy form

Indiana Statutes

§ 27-1-43.2-13 — Service contract reimbursement policy form

Indiana § 27-1-43.2-13

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 43.2Service Contracts

This text of Indiana § 27-1-43.2-13 (Service contract reimbursement policy form) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 27-1-43.2-13 (2026).

Text

Except as provided in section 14 of this chapter, a service contract reimbursement policy may not be offered, sold, or issued in Indiana unless the service contract reimbursement policy conspicuously states that the insurer will do either of the following:

(1)Pay all sums that the provider is obligated to pay under service contracts issued by the provider and outstanding in Indiana.

(2)In the event of the provider's nonperformance under a service contract issued by the provider and outstanding in Indiana, perform or pay for the performance of services that the provider:

(A)is obligated to perform under the service contract; and

(B)failed to perform.

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Except as provided in section 14 of this
chapter, a service contract reimbursement policy may not be offered,
sold, or issued in Indiana unless the service contract reimbursement
policy conspicuously states that the insurer will do either of the
following:
(1) Pay all sums that the provider is obligated to pay under service
contracts issued by the provider and outstanding in Indiana.
(2) In the event of the provider's nonperformance under a service
contract issued by the provider and outstanding in Indiana,
perform or pay for the performance of services that the provider:
(A) is obligated to perform under the service contract; and
(B) failed to perform.