Indiana Statutes
§ 27-11-6-1 — Contractual benefits
(a)A society may provide the following
contractual benefits in any form:
(1)Death benefits.
(2)Endowment benefits.
(3)Annuity benefits.
(4)Temporary or permanent disability benefits.
(5)Hospital, medical, or nursing benefits.
(6)Monument or tombstone benefits to the memory of deceased
members.
(7)Such other benefits as authorized for life insurers and that are
not inconsistent with this chapter.
(b)A society shall specify in its rules those persons who may be
issued or covered by the contractual benefits in subsection (a),
consistent with providing benefits to members and their dependents. A
society may provide benefits on the lives of children under the
minimum age for adult membership upon application of an adult
person.
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Legislative History
As added by P.L.262-1985, SEC.1.
Nearby Sections
15
§ 27-1-1-1
Creation; functions§ 27-1-1-2
Insurance commissioner§ 27-1-1-3
Personnel§ 27-1-1-4
Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10
"Annual Statement Blank"§ 27-1-1.5-11
"Annual Statement Instructions"§ 27-1-1.5-12
"Current Dental Terminology"; "CDT"§ 27-1-1.5-13
"Current Procedural Terminology"; "CPT"§ 27-1-1.5-15
"Financial Analysis Handbook"§ 27-1-1.5-16
"Financial Condition Examiner's Handbook"§ 27-1-1.5-18
"Healthcare Common Procedure Coding System"; "HCPCS"