Indiana Code 27-1-3-32. Posting of life insurance and other financial information
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Sec. 32. The department shall develop, post, and maintain on the department’s Internet web site information related to life insurance, including the manner in which an individual may do the following:
(2) File a claim for life insurance benefits.
(1) Obtain information concerning the existence of a life insurance policy.
Terms Used In Indiana Code 27-1-3-32
- Department: means "the department of insurance" of this state. See Indiana Code 27-1-2-3
- Insurance: means a contract of insurance or an agreement by which one (1) party, for a consideration, promises to pay money or its equivalent or to do an act valuable to the insured upon the destruction, loss or injury of something in which the other party has a pecuniary interest, or in consideration of a price paid, adequate to the risk, becomes security to the other against loss by certain specified risks; to grant indemnity or security against loss for a consideration. See Indiana Code 27-1-2-3
(3) Make provision for resolution of financial affairs after the individual’s death, including notification of life insurance beneficiaries and making financial documents known and accessible to survivors.
As added by P.L.166-2015, SEC.1.