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Indiana Code Title 27. Insurance § 27-1-43.2-13

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 13. Except as provided in section 14 of this chapter, a service contract reimbursement policy may not be offered, sold, or issued in Indiana unless the service contract reimbursement policy conspicuously states that the insurer will do either of the following:

(1) Pay all sums that the provider is obligated to pay under service contracts issued by the provider and outstanding in Indiana.

(2) In the event of the provider's nonperformance under a service contract issued by the provider and outstanding in Indiana, perform or pay for the performance of services that the provider:

(A) is obligated to perform under the service contract;  and

(B) failed to perform.

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Cite this article: FindLaw.com - Indiana Code Title 27. Insurance § 27-1-43.2-13 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-27-insurance/in-code-sect-27-1-43-2-13/

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