Terms Used In Indiana Code > Title 27 > Article 1 > Chapter 2.2 - Nonprofit Agricultural Organization Coverage

• certificate of authority: means an instrument in writing issued by the department to an insurer, which sets out the authority of such insurer to engage in the business of insurance or activities connected therewith. See Indiana Code 27-1-2-3
• Commissioner: means the "insurance commissioner" of this state. See Indiana Code 27-1-2-3
• Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
• Contract: A legal written agreement that becomes binding when signed.
• 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
• member: means one who holds a contract of insurance or is insured in an insurance company other than a stock corporation. See Indiana Code 27-1-2-3
• nonprofit agricultural organization: means an organization:

  Indiana Code 27-1-2.2-1

• nonprofit agricultural organization coverage: means health benefit coverage that is:

  Indiana Code 27-1-2.2-2

• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5