Indiana § 27-7-2-31 Loss of coverage for nonpayment of premiums; report of conditions
precluding insurance; coverage pending decision

Indiana Statutes

§ 27-7-2-31 — Loss of coverage for nonpayment of premiums; report of conditions precluding insurance; coverage pending decision

Indiana·Title 27 INSURANCE·Art. 7 SPECIAL TYPES OF INSURANCE·Ch. 2 Worker's Compensation

No employer who does not pay the advance
premiums or premium when due, shall be entitled to insurance, nor
shall any coverage be extended until all obligations to pay worker's
compensation insurance premiums contracted during the previous
twelve (12) months have been paid. If, in the opinion of the designated
carrying company or the bureau, physical or moral conditions exist in
any risk which shall preclude the risk from obtaining insurance, that
risk shall be reported to the worker's compensation board and to the
department. The bureau shall, in those cases, furnish the board and the
department with its recommendations for improving safety conditions,
which, if complied with, would entitle the risk to insurance. Pending a
decision by the board or the department, insurance shall be effecti

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No employer who does not pay the advance
premiums or premium when due, shall be entitled to insurance, nor
shall any coverage be extended until all obligations to pay worker's
compensation insurance premiums contracted during the previous
twelve (12) months have been paid. If, in the opinion of the designated
carrying company or the bureau, physical or moral conditions exist in
any risk which shall preclude the risk from obtaining insurance, that
risk shall be reported to the worker's compensation board and to the
department. The bureau shall, in those cases, furnish the board and the
department with its recommendations for improving safety conditions,
which, if complied with, would entitle the risk to insurance. Pending a
decision by the board or the department, insurance shall be effective as
otherwise provided in this chapter. However, the board, or the
department, or both shall make that decision within sixty (60) days
after such recommendations are furnished by the bureau.
Formerly: Acts 1935, c.323, s.31. As amended by P.L.252-1985,
SEC.240; P.L.28-1988, SEC.102.

Indiana § 27-7-2-31 (Loss of coverage for nonpayment of premiums; report of conditions precluding insurance; coverage pending decision) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.