Indiana Statutes

§ 27-7-11-2 — Policy effective date; cancellation

Indiana·Title 27 INSURANCE·Art. 7 SPECIAL TYPES OF INSURANCE·Ch. 11 Drought Insurance

A drought insurance policy becomes effective and is not subject to cancellation:

(1)at the time stated in the application for the insurance; or
(2)fourteen (14) days after the applicant submits the premium payment; whichever occurs first, unless the application is refused in writing and the premium payment is returned within fourteen (14) days after the premium payment is submitted.

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Legislative History

As added by P.L.250-1989, SEC.1.

Nearby Sections

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