§ 27-1-42-1 Application of chapter
§ 27-1-42-2 “Certificate of insurance”
§ 27-1-42-3 “Commissioner”
§ 27-1-42-4 “Department”
§ 27-1-42-5 “Insurance producer”
§ 27-1-42-6 “Insurer”
§ 27-1-42-7 “Person”
§ 27-1-42-8 “Property or casualty insurance”
§ 27-1-42-9 Unfair or deceptive acts
§ 27-1-42-10 Limits of certificate of insurance
§ 27-1-42-11 Preparation of certificate of insurance
§ 27-1-42-12 Not a warranty
§ 27-1-42-13 Notice rights are under policy
§ 27-1-42-14 Violations of chapter
§ 27-1-42-15 Examinations and penalties
§ 27-1-42-16 Rulemaking
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Terms Used In Indiana Code > Title 27 > Article 1 > Chapter 42 - Certificates of Insurance

  • certificate of insurance: means a document prepared by an insurer or insurance producer as evidence of property or casualty insurance coverage. See Indiana Code 27-1-42-2
  • commissioner: refers to the insurance commissioner appointed under IC 27-1-1-2. See Indiana Code 27-1-42-3
  • Contract: A legal written agreement that becomes binding when signed.
  • department: refers to the department of insurance created by IC 27-1-1-1. See Indiana Code 27-1-42-4
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • 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
  • insurance producer: has the meaning set forth in Indiana Code 27-1-42-5
  • insurer: refers to an insurer (as defined in IC 27-1-2-3) that issues a policy of property or casualty insurance. See Indiana Code 27-1-42-6
  • person: has the meaning set forth in IC 27-1-2-3. See Indiana Code 27-1-42-7
  • policyholder: means one who is a holder of a contract of insurance in an insurance company. See Indiana Code 27-1-2-3
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • property or casualty insurance: means one (1) or more of the kinds of insurance described in Class 2 and Class 3 of IC 27-1-5-1. See Indiana Code 27-1-42-8