§ 27-8-5-18 — Extension to family members or dependents; premiums; exclusions; group accident and sickness insurance

Indiana § 27-8-5-18

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 8: LIFE, ACCIDENT, AND HEALTH
• Ch. 5: Accident and Sickness Insurance─Policy Provisions

Text

(a) Except for a policy that conforms to the
description in section 16(2) of this chapter, a group accident and
sickness insurance policy may be extended to insure the employees or
members, or any class or classes of employees or members, with
respect to their family members or dependents, subject to subsections
(b) and (c).
(b) The premium for the insurance must be paid from funds
contributed by the employer, union, association, or other person to
whom the policy has been issued or from funds contributed by the
covered persons, or from both sources of funds. Except as provided in
subsection (c), a policy on which no part of the premium for the
coverage of family members or dependents is to be derived from funds
contributed by the covered persons must insure all eligible employees
or members, or any class or classes of eligible employees or members,
with respect to their spouses and dependent children.
(c) Except as provided in section 24 of this chapter, an insurer may
exclude or limit the coverage on any family member or dependent as
to whom evidence of individual insurability is not satisfactory to the
insurer.

Legislative History

As added by P.L.257-1985, SEC.4. Amended by P.L.125-1992, SEC.3.