Life Insurance Company Powers and Policy Requirements

  1. Law
  2. Indiana Code
  3. Insurance
  4. Department of Insurance
  5. Life Insurance Company Powers and Policy Requirements

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Section
27-1-12-0.1

Application of Certain Amendments to Chapter

Section
27-1-12-1

Particular Rights, Privileges, and Powers

Section
27-1-12-2

Investments; Categories, Conditions, Limitations, and Standards

Section
27-1-12-2.1

Repealed

Section
27-1-12-2.2

Derivative Transactions

Section
27-1-12-2.4

Participation in Certain Investment Pools; Requirements for Pooling Agreements

Section
27-1-12-2.5

Investments; Assets of Certain Segregated Investment Accounts; Limitations and Exceptions

Section
27-1-12-3

Real Estate

Section
27-1-12-3.5

Intangible Assets Attributable to Investment in Subsidiary; Exceptions

Section
27-1-12-4

Valuation of Bonds and Securities

Section
27-1-12-5

Required Provisions of Policies Between July 1, 1935, and Transition Date or January 1, 1948

Section
27-1-12-6

Required Provisions of Policies After Transition Date or January 1, 1948

Section
27-1-12-7

Required Provisions Relating to Defaulting or Surrendering Policyholder

Section
27-1-12-8

Prohibited Provisions

Section
27-1-12-9

Repealed

Section
27-1-12-10

Repealed

Section
27-1-12-10.1

Repealed

Section
27-1-12-10.5

Rules for Minimum Standards for Establishment of Reserves

Section
27-1-12-11

Deposit of Assets to Cover Reserve Valuation and Liabilities; Additional Deposits; Foreign Deposits; Continuation of Deposits Under Superseded Laws

Section
27-1-12-12

Transition Period; Selection of Date; Effect

Section
27-1-12-13

Filing Form of Policy With Department; Objections; Effect on Right to Issue

Section
27-1-12-14

Designation of Beneficiary; Change of Beneficiary; Eligible Beneficiaries; Exemption of Policy Proceeds From Claims of Creditors

Section
27-1-12-15

Competency of Certain Minors to Contract for Insurance and Receive Payments

Section
27-1-12-16

Proceeds of Life Insurance; Definition; Payment to Trustees

Section
27-1-12-17

Authority of Corporation to Insure Life of Director, Officers, Agent, or Employee; Consent to Change of Beneficiary

Section
27-1-12-17.1

Acquisition of Insurable Interest in and Policy on Life of Employee

Section
27-1-12-18

Contract to Extend Time for Premium Payments

Section
27-1-12-19

Ascertainment of Indebtedness Due Upon Policy or Premium Loans; Interest

Section
27-1-12-20

Premium Deposits; Maximum; Inclusion in Cash Surrender Value; Disposition; Withdrawal

Section
27-1-12-21

Power to Hold Proceeds Under Trust or Other Agreement With Policyholder

Section
27-1-12-22

Impairment of Assets or Capital; Notice of Time for Restoration; Suspension of Right to Issue New Policies

Section
27-1-12-23

Procedure for Converting Domestic Stock Life Insurance Company Into Mutual Life Insurance Company

Section
27-1-12-24

Offering Stock or Certificates as Inducement for Purchase of Insurance or Annuity; Revocation of Authority

Section
27-1-12-25

Misrepresentation of Policy Terms or Benefits; Inducing Policyholder to Lapse, Forfeit, or Surrender Insurance

Section
27-1-12-26

Fraudulent Representations; Offense

Section
27-1-12-27

Repealed

Section
27-1-12-28

Repealed

Section
27-1-12-29

Group Life Insurance; Exemption of Proceeds From Legal Process

Section
27-1-12-30

Group Life Insurance; Assignment of Incidents of Ownership

Section
27-1-12-31

Authority to Issue Life or Endowment Insurance Upon Group Plan; Special Premium Rates; Valuation of Policies; Segregation

Section
27-1-12-32

Financial Qualifications of Companies Issuing Certain Contracts

Section
27-1-12-33

Variable Life Insurance Policies; Contents; Regulation

Section
27-1-12-34

Repealed

Section
27-1-12-34.1

Wholesale, Franchise, and Employee Term Life Insurance; Issuance or Delivery; Requirements

Section
27-1-12-35

Life Insurance Proceeds; Payment; Time Limit; Liability for Interest

Section
27-1-12-36

Repealed

Section
27-1-12-37

Group Life Insurance; Eligible Policyholders; Regulations

Section
27-1-12-38

Group Life Insurance; Requirements for Issuance of Policy to Certain Groups

Section
27-1-12-39

Direct Response Solicitations; Notice of Payment of Compensation

Section
27-1-12-40

Group Life Insurance; Premiums; Spouse or Dependent Child Coverage

Section
27-1-12-41

Group Life Insurance; Required Provisions

Section
27-1-12-42

Group Life Insurance; Conversion Rights; Notice; Time to Exercise Rights

Section
27-1-12-43

Life Insurance Provision Allowing for Right to Return Policy

Section
27-1-12-44

Stranger Originated Life Insurance Allegation; Lack of Insurable Interest

Section
27-1-12-45

Execution of Post Form Does Not Affect Life Insurance; Prohibition on Consideration of Post Form in Determining Life Insurance Premiums

Section
27-1-12-46

Policy or Certificate Designated for Purchase of Funeral Services or Merchandise; Representations by Issuer; Required Disclosures; Violations