Indiana § 27-2-23-10 "Record keeping services"

Indiana Statutes

§ 27-2-23-10 — "Record keeping services"

Indiana § 27-2-23-10

Title 27INSURANCE

Art. 2POWERS AND DUTIES OF INSURERS

Ch. 23Unclaimed Life Insurance Benefits

This text of Indiana § 27-2-23-10 ("Record keeping services") 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 § 27-2-23-10 (2026).

Text

As used in this chapter, "record keeping services" means an insurer's responsibility, under an agreement with a group policy owner, to obtain, maintain, and administer in the insurer's system information concerning each individual insured under a group policy (or a line of coverage under a group policy), including at least the following:

(1)The individual's Social Security number and date of birth or name and date of birth.

(2)The individual's beneficiary designation information.

(3)The individual's eligibility for coverage.

(4)The individual's benefit amount.

(5)The individual's premium payment status.

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As used in this chapter, "record keeping
services" means an insurer's responsibility, under an agreement with a
group policy owner, to obtain, maintain, and administer in the insurer's
system information concerning each individual insured under a group
policy (or a line of coverage under a group policy), including at least
the following:
(1) The individual's Social Security number and date of birth or
name and date of birth.
(2) The individual's beneficiary designation information.
(3) The individual's eligibility for coverage.
(4) The individual's benefit amount.
(5) The individual's premium payment status.