HOUSE BILL No. 1284
DIGEST OF INTRODUCED BILL
Citations Affected: IC 27-1-5-5.
Synopsis: Group insurance. Allows certain kinds of insurance to be
provided on a group basis in certain circumstances.
Effective: July 1, 2008.
January 15, 2008, read first time and referred to Committee on Insurance.
Second Regular Session 115th General Assembly (2008)
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
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HOUSE BILL No. 1284
A BILL FOR AN ACT to amend the Indiana Code concerning
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: IC 27-1-5-5; (08)IN1284.1.1. -->
SECTION 1. IC 27-1-5-5 IS ADDED TO THE INDIANA CODE
AS A NEW
SECTION TO READ AS FOLLOWS [EFFECTIVE JULY
1, 2008]: Sec. 5. (a) Except as provided in subsection (b), an insurer
may issue a policy on a group basis to provide any kind of
insurance described in Class 2 or Class 3 of section 1 of this
(1) the policy provides individual coverage under a certificate
of insurance issued to each member of the group;
(2) the policyholder has a direct contractual relationship with
each certificate holder; and
(3) the insurance coverage provided under the policy protects
the policyholder and each certificate holder.
(b) If another provision of state law:
(1) specifies requirements for issuance of an insurance policy
on a group basis; and
(2) conflicts with subsection (a);
the other provision is controlling.