§ 27-8-5-8 — Exemption of accident and sickness coverage incidental to designated other forms of insurance

Indiana § 27-8-5-8

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

Text

Except as otherwise expressly indicated in this
section, nothing contained in sections 1 through 7 of this chapter shall
apply to or affect:
(1) any policy of worker's compensation insurance or any policy
of liability insurance with or without supplementary coverage in
the policy;
(2) any policy or contract of reinsurance;
(3) as to sections 2 through 7 of this chapter, any blanket or group
policy of insurance;
(4) life insurance, endowment, or annuity contracts, or contracts
supplemental thereto which contain only such provisions relating
to accident and sickness insurance as:
(A) provide additional benefits in case of death or
dismemberment or loss of sight by accident; or
(B) operate to safeguard such contracts against lapse, or to give
a special surrender value or special benefit or an annuity in the
event that the insured or annuitant shall become totally and
permanently disabled, as defined by the contract or
supplemental contract;
(5) as to sections 2 through 5 of this chapter, any policies of
accident and sickness insurance issued on the industrial plan with
premiums payable on a weekly basis; or
(6) transportation ticket policies sold only at public transportation
stations or at public transportation ticket offices by public
transportation employees, as to such of the required provisions set
out in section 3 of this chapter as are incongruous with the
coverage and conditions of the policies.
Formerly: Acts 1953, c.15, s.169.8; Acts 1955, c.129, s.1. As
amended by P.L.252-1985, SEC.306; P.L.28-1988, SEC.105.