28 | 21 | | First Regular Session of the 124th General Assembly (2025) |
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29 | 22 | | PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana |
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30 | 23 | | Constitution) is being amended, the text of the existing provision will appear in this style type, |
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31 | 24 | | additions will appear in this style type, and deletions will appear in this style type. |
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32 | 25 | | Additions: Whenever a new statutory provision is being enacted (or a new constitutional |
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33 | 26 | | provision adopted), the text of the new provision will appear in this style type. Also, the |
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34 | 27 | | word NEW will appear in that style type in the introductory clause of each SECTION that adds |
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35 | 28 | | a new provision to the Indiana Code or the Indiana Constitution. |
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36 | 29 | | Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts |
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37 | 30 | | between statutes enacted by the 2024 Regular Session of the General Assembly. |
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38 | 31 | | SENATE BILL No. 111 |
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39 | 32 | | A BILL FOR AN ACT to amend the Indiana Code concerning |
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40 | 33 | | insurance. |
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41 | 34 | | Be it enacted by the General Assembly of the State of Indiana: |
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42 | 35 | | 1 SECTION 1. IC 27-4-1-4, AS AMENDED BY P.L.158-2024, |
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43 | 36 | | 2 SECTION 19, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE |
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44 | 37 | | 3 JULY 1, 2025]: Sec. 4. (a) The following are hereby defined as unfair |
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45 | 38 | | 4 methods of competition and unfair and deceptive acts and practices in |
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46 | 39 | | 5 the business of insurance: |
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47 | 40 | | 6 (1) Making, issuing, circulating, or causing to be made, issued, or |
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48 | 41 | | 7 circulated, any estimate, illustration, circular, or statement: |
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49 | 42 | | 8 (A) misrepresenting the terms of any policy issued or to be |
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50 | 43 | | 9 issued or the benefits or advantages promised thereby or the |
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51 | 44 | | 10 dividends or share of the surplus to be received thereon; |
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52 | 45 | | 11 (B) making any false or misleading statement as to the |
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53 | 46 | | 12 dividends or share of surplus previously paid on similar |
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54 | 47 | | 13 policies; |
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55 | 48 | | 14 (C) making any misleading representation or any |
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56 | 49 | | 15 misrepresentation as to the financial condition of any insurer, |
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57 | 50 | | 16 or as to the legal reserve system upon which any life insurer |
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58 | 51 | | 17 operates; |
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59 | 52 | | SB 111—LS 6295/DI 154 2 |
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60 | 53 | | 1 (D) using any name or title of any policy or class of policies |
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61 | 54 | | 2 misrepresenting the true nature thereof; or |
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62 | 55 | | 3 (E) making any misrepresentation to any policyholder insured |
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63 | 56 | | 4 in any company for the purpose of inducing or tending to |
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64 | 57 | | 5 induce such policyholder to lapse, forfeit, or surrender the |
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65 | 58 | | 6 policyholder's insurance. |
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66 | 59 | | 7 (2) Making, publishing, disseminating, circulating, or placing |
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67 | 60 | | 8 before the public, or causing, directly or indirectly, to be made, |
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68 | 61 | | 9 published, disseminated, circulated, or placed before the public, |
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69 | 62 | | 10 in a newspaper, magazine, or other publication, or in the form of |
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70 | 63 | | 11 a notice, circular, pamphlet, letter, or poster, or over any radio or |
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71 | 64 | | 12 television station, or in any other way, an advertisement, |
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72 | 65 | | 13 announcement, or statement containing any assertion, |
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73 | 66 | | 14 representation, or statement with respect to any person in the |
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74 | 67 | | 15 conduct of the person's insurance business, which is untrue, |
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75 | 68 | | 16 deceptive, or misleading. |
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76 | 69 | | 17 (3) Making, publishing, disseminating, or circulating, directly or |
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77 | 70 | | 18 indirectly, or aiding, abetting, or encouraging the making, |
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78 | 71 | | 19 publishing, disseminating, or circulating of any oral or written |
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79 | 72 | | 20 statement or any pamphlet, circular, article, or literature which is |
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80 | 73 | | 21 false, or maliciously critical of or derogatory to the financial |
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81 | 74 | | 22 condition of an insurer, and which is calculated to injure any |
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82 | 75 | | 23 person engaged in the business of insurance. |
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83 | 76 | | 24 (4) Entering into any agreement to commit, or individually or by |
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84 | 77 | | 25 a concerted action committing any act of boycott, coercion, or |
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85 | 78 | | 26 intimidation resulting or tending to result in unreasonable |
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86 | 79 | | 27 restraint of, or a monopoly in, the business of insurance. |
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87 | 80 | | 28 (5) Filing with any supervisory or other public official, or making, |
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88 | 81 | | 29 publishing, disseminating, circulating, or delivering to any person, |
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89 | 82 | | 30 or placing before the public, or causing directly or indirectly, to |
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90 | 83 | | 31 be made, published, disseminated, circulated, delivered to any |
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91 | 84 | | 32 person, or placed before the public, any false statement of |
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92 | 85 | | 33 financial condition of an insurer with intent to deceive. Making |
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93 | 86 | | 34 any false entry in any book, report, or statement of any insurer |
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94 | 87 | | 35 with intent to deceive any agent or examiner lawfully appointed |
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95 | 88 | | 36 to examine into its condition or into any of its affairs, or any |
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96 | 89 | | 37 public official to which such insurer is required by law to report, |
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97 | 90 | | 38 or which has authority by law to examine into its condition or into |
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98 | 91 | | 39 any of its affairs, or, with like intent, willfully omitting to make a |
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99 | 92 | | 40 true entry of any material fact pertaining to the business of such |
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100 | 93 | | 41 insurer in any book, report, or statement of such insurer. |
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101 | 94 | | 42 (6) Issuing or delivering or permitting agents, officers, or |
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102 | 95 | | SB 111—LS 6295/DI 154 3 |
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103 | 96 | | 1 employees to issue or deliver, agency company stock or other |
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104 | 97 | | 2 capital stock, or benefit certificates or shares in any common law |
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105 | 98 | | 3 corporation, or securities or any special or advisory board |
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106 | 99 | | 4 contracts or other contracts of any kind promising returns and |
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107 | 100 | | 5 profits as an inducement to insurance. |
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108 | 101 | | 6 (7) Making or permitting any of the following: |
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109 | 102 | | 7 (A) Unfair discrimination between individuals of the same |
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110 | 103 | | 8 class and equal expectation of life in the rates or assessments |
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111 | 104 | | 9 charged for any contract of life insurance or of life annuity or |
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112 | 105 | | 10 in the dividends or other benefits payable thereon, or in any |
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113 | 106 | | 11 other of the terms and conditions of such contract. However, |
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114 | 107 | | 12 in determining the class, consideration may be given to the |
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115 | 108 | | 13 nature of the risk, plan of insurance, the actual or expected |
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116 | 109 | | 14 expense of conducting the business, or any other relevant |
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117 | 110 | | 15 factor. |
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118 | 111 | | 16 (B) Unfair discrimination between individuals of the same |
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119 | 112 | | 17 class involving essentially the same hazards in the amount of |
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120 | 113 | | 18 premium, policy fees, assessments, or rates charged or made |
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121 | 114 | | 19 for any policy or contract of accident or health insurance or in |
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122 | 115 | | 20 the benefits payable thereunder, or in any of the terms or |
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123 | 116 | | 21 conditions of such contract, or in any other manner whatever. |
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124 | 117 | | 22 However, in determining the class, consideration may be given |
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125 | 118 | | 23 to the nature of the risk, the plan of insurance, the actual or |
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126 | 119 | | 24 expected expense of conducting the business, or any other |
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127 | 120 | | 25 relevant factor. |
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128 | 121 | | 26 (C) Excessive or inadequate charges for premiums, policy |
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129 | 122 | | 27 fees, assessments, or rates, or making or permitting any unfair |
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130 | 123 | | 28 discrimination between persons of the same class involving |
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131 | 124 | | 29 essentially the same hazards, in the amount of premiums, |
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132 | 125 | | 30 policy fees, assessments, or rates charged or made for: |
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133 | 126 | | 31 (i) policies or contracts of reinsurance or joint reinsurance, |
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134 | 127 | | 32 or abstract and title insurance; |
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135 | 128 | | 33 (ii) policies or contracts of insurance against loss or damage |
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136 | 129 | | 34 to aircraft, or against liability arising out of the ownership, |
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137 | 130 | | 35 maintenance, or use of any aircraft, or of vessels or craft, |
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138 | 131 | | 36 their cargoes, marine builders' risks, marine protection and |
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139 | 132 | | 37 indemnity, or other risks commonly insured under marine, |
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140 | 133 | | 38 as distinguished from inland marine, insurance; or |
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141 | 134 | | 39 (iii) policies or contracts of any other kind or kinds of |
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142 | 135 | | 40 insurance whatsoever. |
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143 | 136 | | 41 However, nothing contained in clause (C) shall be construed to |
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144 | 137 | | 42 apply to any of the kinds of insurance referred to in clauses (A) |
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145 | 138 | | SB 111—LS 6295/DI 154 4 |
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146 | 139 | | 1 and (B) nor to reinsurance in relation to such kinds of insurance. |
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147 | 140 | | 2 Nothing in clause (A), (B), or (C) shall be construed as making or |
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148 | 141 | | 3 permitting any excessive, inadequate, or unfairly discriminatory |
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149 | 142 | | 4 charge or rate or any charge or rate determined by the department |
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150 | 143 | | 5 or commissioner to meet the requirements of any other insurance |
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151 | 144 | | 6 rate regulatory law of this state. |
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152 | 145 | | 7 (8) Except as otherwise expressly provided by IC 27-1-47 or |
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153 | 146 | | 8 another law, knowingly permitting or offering to make or making |
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154 | 147 | | 9 any contract or policy of insurance of any kind or kinds |
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155 | 148 | | 10 whatsoever, including but not in limitation, life annuities, or |
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156 | 149 | | 11 agreement as to such contract or policy other than as plainly |
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157 | 150 | | 12 expressed in such contract or policy issued thereon, or paying or |
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158 | 151 | | 13 allowing, or giving or offering to pay, allow, or give, directly or |
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159 | 152 | | 14 indirectly, as inducement to such insurance, or annuity, any rebate |
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160 | 153 | | 15 of premiums payable on the contract, or any special favor or |
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161 | 154 | | 16 advantage in the dividends, savings, or other benefits thereon, or |
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162 | 155 | | 17 any valuable consideration or inducement whatever not specified |
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163 | 156 | | 18 in the contract or policy; or giving, or selling, or purchasing or |
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164 | 157 | | 19 offering to give, sell, or purchase as inducement to such insurance |
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165 | 158 | | 20 or annuity or in connection therewith, any stocks, bonds, or other |
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166 | 159 | | 21 securities of any insurance company or other corporation, |
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167 | 160 | | 22 association, limited liability company, or partnership, or any |
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168 | 161 | | 23 dividends, savings, or profits accrued thereon, or anything of |
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169 | 162 | | 24 value whatsoever not specified in the contract. Nothing in this |
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170 | 163 | | 25 subdivision and subdivision (7) shall be construed as including |
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171 | 164 | | 26 within the definition of discrimination or rebates any of the |
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172 | 165 | | 27 following practices: |
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173 | 166 | | 28 (A) Paying bonuses to policyholders or otherwise abating their |
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174 | 167 | | 29 premiums in whole or in part out of surplus accumulated from |
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175 | 168 | | 30 nonparticipating insurance, so long as any such bonuses or |
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176 | 169 | | 31 abatement of premiums are fair and equitable to policyholders |
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177 | 170 | | 32 and for the best interests of the company and its policyholders. |
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178 | 171 | | 33 (B) In the case of life insurance policies issued on the |
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179 | 172 | | 34 industrial debit plan, making allowance to policyholders who |
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180 | 173 | | 35 have continuously for a specified period made premium |
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181 | 174 | | 36 payments directly to an office of the insurer in an amount |
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182 | 175 | | 37 which fairly represents the saving in collection expense. |
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183 | 176 | | 38 (C) Readjustment of the rate of premium for a group insurance |
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184 | 177 | | 39 policy based on the loss or expense experience thereunder, at |
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185 | 178 | | 40 the end of the first year or of any subsequent year of insurance |
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186 | 179 | | 41 thereunder, which may be made retroactive only for such |
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187 | 180 | | 42 policy year. |
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188 | 181 | | SB 111—LS 6295/DI 154 5 |
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189 | 182 | | 1 (D) Paying by an insurer or insurance producer thereof duly |
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190 | 183 | | 2 licensed as such under the laws of this state of money, |
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191 | 184 | | 3 commission, or brokerage, or giving or allowing by an insurer |
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192 | 185 | | 4 or such licensed insurance producer thereof anything of value, |
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193 | 186 | | 5 for or on account of the solicitation or negotiation of policies |
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194 | 187 | | 6 or other contracts of any kind or kinds, to a broker, an |
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195 | 188 | | 7 insurance producer, or a solicitor duly licensed under the laws |
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196 | 189 | | 8 of this state, but such broker, insurance producer, or solicitor |
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197 | 190 | | 9 receiving such consideration shall not pay, give, or allow |
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198 | 191 | | 10 credit for such consideration as received in whole or in part, |
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199 | 192 | | 11 directly or indirectly, to the insured by way of rebate. |
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200 | 193 | | 12 (9) Requiring, as a condition precedent to loaning money upon the |
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201 | 194 | | 13 security of a mortgage upon real property, that the owner of the |
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202 | 195 | | 14 property to whom the money is to be loaned negotiate any policy |
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203 | 196 | | 15 of insurance covering such real property through a particular |
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204 | 197 | | 16 insurance producer or broker or brokers. However, this |
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205 | 198 | | 17 subdivision shall not prevent the exercise by any lender of the |
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206 | 199 | | 18 lender's right to approve or disapprove of the insurance company |
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207 | 200 | | 19 selected by the borrower to underwrite the insurance. |
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208 | 201 | | 20 (10) Entering into any contract, combination in the form of a trust |
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209 | 202 | | 21 or otherwise, or conspiracy in restraint of commerce in the |
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210 | 203 | | 22 business of insurance. |
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211 | 204 | | 23 (11) Monopolizing or attempting to monopolize or combining or |
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212 | 205 | | 24 conspiring with any other person or persons to monopolize any |
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213 | 206 | | 25 part of commerce in the business of insurance. However, |
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214 | 207 | | 26 participation as a member, director, or officer in the activities of |
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215 | 208 | | 27 any nonprofit organization of insurance producers or other |
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216 | 209 | | 28 workers in the insurance business shall not be interpreted, in |
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217 | 210 | | 29 itself, to constitute a combination in restraint of trade or as |
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218 | 211 | | 30 combining to create a monopoly as provided in this subdivision |
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219 | 212 | | 31 and subdivision (10). The enumeration in this chapter of specific |
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220 | 213 | | 32 unfair methods of competition and unfair or deceptive acts and |
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221 | 214 | | 33 practices in the business of insurance is not exclusive or |
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222 | 215 | | 34 restrictive or intended to limit the powers of the commissioner or |
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223 | 216 | | 35 department or of any court of review under section 8 of this |
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224 | 217 | | 36 chapter. |
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225 | 218 | | 37 (12) Requiring as a condition precedent to the sale of real or |
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226 | 219 | | 38 personal property under any contract of sale, conditional sales |
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227 | 220 | | 39 contract, or other similar instrument or upon the security of a |
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228 | 221 | | 40 chattel mortgage, that the buyer of such property negotiate any |
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229 | 222 | | 41 policy of insurance covering such property through a particular |
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230 | 223 | | 42 insurance company, insurance producer, or broker or brokers. |
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231 | 224 | | SB 111—LS 6295/DI 154 6 |
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232 | 225 | | 1 However, this subdivision shall not prevent the exercise by any |
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233 | 226 | | 2 seller of such property or the one making a loan thereon of the |
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234 | 227 | | 3 right to approve or disapprove of the insurance company selected |
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235 | 228 | | 4 by the buyer to underwrite the insurance. |
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236 | 229 | | 5 (13) Issuing, offering, or participating in a plan to issue or offer, |
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237 | 230 | | 6 any policy or certificate of insurance of any kind or character as |
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238 | 231 | | 7 an inducement to the purchase of any property, real, personal, or |
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239 | 232 | | 8 mixed, or services of any kind, where a charge to the insured is |
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240 | 233 | | 9 not made for and on account of such policy or certificate of |
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241 | 234 | | 10 insurance. However, this subdivision shall not apply to any of the |
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242 | 235 | | 11 following: |
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243 | 236 | | 12 (A) Insurance issued to credit unions or members of credit |
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244 | 237 | | 13 unions in connection with the purchase of shares in such credit |
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245 | 238 | | 14 unions. |
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246 | 239 | | 15 (B) Insurance employed as a means of guaranteeing the |
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247 | 240 | | 16 performance of goods and designed to benefit the purchasers |
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248 | 241 | | 17 or users of such goods. |
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249 | 242 | | 18 (C) Title insurance. |
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250 | 243 | | 19 (D) Insurance written in connection with an indebtedness and |
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251 | 244 | | 20 intended as a means of repaying such indebtedness in the |
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252 | 245 | | 21 event of the death or disability of the insured. |
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253 | 246 | | 22 (E) Insurance provided by or through motorists service clubs |
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254 | 247 | | 23 or associations. |
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255 | 248 | | 24 (F) Insurance that is provided to the purchaser or holder of an |
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256 | 249 | | 25 air transportation ticket and that: |
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257 | 250 | | 26 (i) insures against death or nonfatal injury that occurs during |
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258 | 251 | | 27 the flight to which the ticket relates; |
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259 | 252 | | 28 (ii) insures against personal injury or property damage that |
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260 | 253 | | 29 occurs during travel to or from the airport in a common |
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261 | 254 | | 30 carrier immediately before or after the flight; |
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262 | 255 | | 31 (iii) insures against baggage loss during the flight to which |
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263 | 256 | | 32 the ticket relates; or |
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264 | 257 | | 33 (iv) insures against a flight cancellation to which the ticket |
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265 | 258 | | 34 relates. |
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266 | 259 | | 35 (14) Refusing, because of the for-profit status of a hospital or |
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267 | 260 | | 36 medical facility, to make payments otherwise required to be made |
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268 | 261 | | 37 under a contract or policy of insurance for charges incurred by an |
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269 | 262 | | 38 insured in such a for-profit hospital or other for-profit medical |
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270 | 263 | | 39 facility licensed by the Indiana department of health. |
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271 | 264 | | 40 (15) Refusing to insure an individual, refusing to continue to issue |
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272 | 265 | | 41 insurance to an individual, limiting the amount, extent, or kind of |
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273 | 266 | | 42 coverage available to an individual, or charging an individual a |
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274 | 267 | | SB 111—LS 6295/DI 154 7 |
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275 | 268 | | 1 different rate for the same coverage, solely because of that |
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276 | 269 | | 2 individual's blindness or partial blindness, except where the |
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277 | 270 | | 3 refusal, limitation, or rate differential is based on sound actuarial |
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278 | 271 | | 4 principles or is related to actual or reasonably anticipated |
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279 | 272 | | 5 experience. |
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280 | 273 | | 6 (16) Committing or performing, with such frequency as to |
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281 | 274 | | 7 indicate a general practice, unfair claim settlement practices (as |
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282 | 275 | | 8 defined in section 4.5 of this chapter). |
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283 | 276 | | 9 (17) Between policy renewal dates, unilaterally canceling an |
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284 | 277 | | 10 individual's coverage under an individual or group health |
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285 | 278 | | 11 insurance policy solely because of the individual's medical or |
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286 | 279 | | 12 physical condition. |
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287 | 280 | | 13 (18) Using a policy form or rider that would permit a cancellation |
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288 | 281 | | 14 of coverage as described in subdivision (17). |
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289 | 282 | | 15 (19) Violating IC 27-1-22-25, IC 27-1-22-26, or IC 27-1-22-26.1 |
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290 | 283 | | 16 concerning motor vehicle insurance rates. |
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291 | 284 | | 17 (20) Violating IC 27-8-21-2 concerning advertisements referring |
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292 | 285 | | 18 to interest rate guarantees. |
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293 | 286 | | 19 (21) Violating IC 27-8-24.3 concerning insurance and health plan |
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294 | 287 | | 20 coverage for victims of abuse. |
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295 | 288 | | 21 (22) Violating IC 27-8-26 concerning genetic screening or testing. |
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296 | 289 | | 22 (23) Violating IC 27-1-15.6-3(b) concerning licensure of |
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297 | 290 | | 23 insurance producers. |
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298 | 291 | | 24 (24) Violating IC 27-1-38 concerning depository institutions. |
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299 | 292 | | 25 (25) Violating IC 27-8-28-17(c) or IC 27-13-10-8(c) concerning |
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300 | 293 | | 26 the resolution of an appealed grievance decision. |
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301 | 294 | | 27 (26) Violating IC 27-8-5-2.5(e) through IC 27-8-5-2.5(j) (expired |
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302 | 295 | | 28 July 1, 2007, and removed) or IC 27-8-5-19.2 (expired July 1, |
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303 | 296 | | 29 2007, and repealed). |
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304 | 297 | | 30 (27) Violating IC 27-2-21 concerning use of credit information. |
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305 | 298 | | 31 (28) Violating IC 27-4-9-3 concerning recommendations to |
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306 | 299 | | 32 consumers. |
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307 | 300 | | 33 (29) Engaging in dishonest or predatory insurance practices in |
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308 | 301 | | 34 marketing or sales of insurance to members of the United States |
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309 | 302 | | 35 Armed Forces as: |
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310 | 303 | | 36 (A) described in the federal Military Personnel Financial |
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311 | 304 | | 37 Services Protection Act, P.L.109-290; or |
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312 | 305 | | 38 (B) defined in rules adopted under subsection (b). |
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313 | 306 | | 39 (30) Violating IC 27-8-19.8-20.1 concerning stranger originated |
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314 | 307 | | 40 life insurance. |
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315 | 308 | | 41 (31) Violating IC 27-2-22 concerning retained asset accounts. |
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316 | 309 | | 42 (32) Violating IC 27-8-5-29 concerning health plans offered |
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317 | 310 | | SB 111—LS 6295/DI 154 8 |
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318 | 311 | | 1 through a health benefit exchange (as defined in IC 27-19-2-8). |
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319 | 312 | | 2 (33) Violating a requirement of the federal Patient Protection and |
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320 | 313 | | 3 Affordable Care Act (P.L. 111-148), as amended by the federal |
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321 | 314 | | 4 Health Care and Education Reconciliation Act of 2010 (P.L. |
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322 | 315 | | 5 111-152), that is enforceable by the state. |
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323 | 316 | | 6 (34) After June 30, 2015, violating IC 27-2-23 concerning |
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324 | 317 | | 7 unclaimed life insurance, annuity, or retained asset account |
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325 | 318 | | 8 benefits. |
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326 | 319 | | 9 (35) Willfully violating IC 27-1-12-46 concerning a life insurance |
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327 | 320 | | 10 policy or certificate described in IC 27-1-12-46(a). |
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328 | 321 | | 11 (36) Violating IC 27-1-37-7 concerning prohibiting the disclosure |
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329 | 322 | | 12 of health care service claims data. |
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330 | 323 | | 13 (37) Violating IC 27-4-10-10 concerning virtual claims payments. |
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331 | 324 | | 14 (38) Violating IC 27-1-24.5 concerning pharmacy benefit |
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332 | 325 | | 15 managers. |
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333 | 326 | | 16 (39) Violating IC 27-7-17-16 or IC 27-7-17-17 concerning the |
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334 | 327 | | 17 marketing of travel insurance policies. |
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335 | 328 | | 18 (40) Violating IC 27-1-49 concerning individual prescription drug |
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336 | 329 | | 19 rebates. |
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337 | 330 | | 20 (41) Violating IC 27-1-50 concerning group prescription drug |
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338 | 331 | | 21 rebates. |
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339 | 332 | | 22 (42) Violating IC 27-8-36 concerning living organ donor |
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340 | 333 | | 23 insurance coverage and organ donation. |
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341 | 334 | | 24 (b) Except with respect to federal insurance programs under |
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342 | 335 | | 25 Subchapter III of Chapter 19 of Title 38 of the United States Code, the |
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343 | 336 | | 26 commissioner may, consistent with the federal Military Personnel |
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344 | 337 | | 27 Financial Services Protection Act (10 U.S.C. 992 note), adopt rules |
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345 | 338 | | 28 under IC 4-22-2 to: |
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346 | 339 | | 29 (1) define; and |
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347 | 340 | | 30 (2) while the members are on a United States military installation |
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348 | 341 | | 31 or elsewhere in Indiana, protect members of the United States |
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349 | 342 | | 32 Armed Forces from; |
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350 | 343 | | 33 dishonest or predatory insurance practices. |
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351 | 344 | | 34 SECTION 2. IC 27-8-36 IS ADDED TO THE INDIANA CODE AS |
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352 | 345 | | 35 A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY |
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353 | 346 | | 36 1, 2025]: |
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354 | 347 | | 37 Chapter 36. Coverage for Living Organ Donors |
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355 | 348 | | 38 Sec. 1. As used in this chapter, "individual" means a natural |
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356 | 349 | | 39 person. |
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357 | 350 | | 40 Sec. 2. As used in this chapter, "insurance policy" means: |
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358 | 351 | | 41 (1) a policy of life insurance or disability insurance described |
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359 | 352 | | 42 in Class 1 of IC 27-1-5-1; and |
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360 | 353 | | SB 111—LS 6295/DI 154 9 |
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361 | 354 | | 1 (2) a long term care insurance policy (as defined in |
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362 | 355 | | 2 IC 27-8-12-5). |
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363 | 356 | | 3 Sec. 3. As used in this chapter, "insurer" means an insurance |
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364 | 357 | | 4 company that issues an insurance policy. |
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365 | 358 | | 5 Sec. 4. As used in this chapter, "living organ donor" means an |
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366 | 359 | | 6 individual who: |
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