Indiana § 27-8-5-17 Exceptions; discretionary groups; group accident and sickness
insurance

Indiana Statutes

§ 27-8-5-17 — Exceptions; discretionary groups; group accident and sickness insurance

Indiana § 27-8-5-17

Title 27INSURANCE

Art. 8LIFE, ACCIDENT, AND HEALTH

Ch. 5Accident and Sickness Insurance─Policy Provisions

This text of Indiana § 27-8-5-17 (Exceptions; discretionary groups; group accident and sickness insurance) 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 § 27-8-5-17 (2026).

Text

(a)A group accident and sickness insurance policy shall not be delivered or issued for delivery in Indiana to a group that is not described in section 16(1)(A), 16(2)(A), 16(3)(A), 16(4)(A), 16(5)(A), 16(6)(A), 16(7), or 16(8) of this chapter unless:

(1)the group applies to the commissioner for approval as a discretionary group;

(2)the commissioner reviews the group according to the same standards as a group described in section 16 of this chapter; and

(3)the commissioner finds that:

(A)the issuance of the policy is not contrary to the best interest of the public;

(B)the issuance of the policy would result in economies of acquisition or administration; and

(C)the benefits of the policy are reasonable in relation to the premiums charged.

(b)Except as otherwise provided in this chapt

Free access — add to your briefcase to read the full text and ask questions with AI

(a) A group accident and sickness insurance
policy shall not be delivered or issued for delivery in Indiana to a group
that is not described in section 16(1)(A), 16(2)(A), 16(3)(A), 16(4)(A),
16(5)(A), 16(6)(A), 16(7), or 16(8) of this chapter unless:
(1) the group applies to the commissioner for approval as a
discretionary group;
(2) the commissioner reviews the group according to the same
standards as a group described in section 16 of this chapter; and
(3) the commissioner finds that:
(A) the issuance of the policy is not contrary to the best interest
of the public;
(B) the issuance of the policy would result in economies of
acquisition or administration; and
(C) the benefits of the policy are reasonable in relation to the
premiums charged.
(b) Except as otherwise provided in this chapter, an insurer may
exclude or limit the coverage under a policy described in subsection (a)
on any person as to whom evidence of individual insurability is not
satisfactory to the insurer.

Legislative History

As added by P.L.257-1985, SEC.3. Amended by P.L.268-1987, SEC.2; P.L.125-1992, SEC.2; P.L.185-1996, SEC.13; P.L.218-2007, SEC.47; P.L.11-2011, SEC.31.