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Indiana Statutes, Title 27

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Title 27, INSURANCE

344 chapters · 3,652 sections in this title.

All chapters in Title 273,652 Ch 1, Department Created215 Ch 2, Application of Article; Definitions199 Ch 3, General Powers and Duties of the Dep…199 Ch 4, Prohibited Activities106 Ch 6, Formation of Domestic Companies100 Ch 10, Voluntary Dissolution99 Ch 5, Classification of Insurance97 Ch 9, Merger, Consolidation, and Reinsurance97 Ch 8, Procedures for Amending Articles of …96 Ch 12, Life Insurance Company Powers and Po…92 Ch 7, General Corporate Powers and Respons…84 Ch 36, Risk Based Capital Requirements75 Ch 15, Participating Providers; Contracts a…68 Ch 13, Casualty, Fire, and Marine Insurance…66

16 sections·Filtered byTitle 27✕Ch 16.1✕

Ind. Code § 27-1-16.1-1 Definitions
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Sec. 1. The definitions in IC 27-1-15.6-2 apply throughout this chapter. As added by P.L.81-2013, SEC.3.
Ind. Code § 27-1-16.1-10 Written disclosures and information
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Sec. 10. (a) A self-storage facility shall, at each location where self-storage insurance is sold, solicited, or negotiated, make available to customers written materials concerning the self-storage insurance. (b) The written materials available under subsection (a) must do all t…
Ind. Code § 27-1-16.1-11 Evidence of coverage
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Sec. 11. A self-storage facility, supervising entity, or insurer shall provide an evidence of coverage to each insured customer. As added by P.L.81-2013, SEC.3.
Ind. Code § 27-1-16.1-12 Manner in which self-storage insurance may be sold
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Sec. 12. Self-storage insurance may be sold: (1) for any period; and (2) under: (A) an individual policy; or (B) a group, commercial, or master policy issued to a self-storage facility to provide insurance for the self-storage facility's customers. As added by P.L.81-2013, SEC.3.…

Ind. Code § 27-1-16.1-13 Eligibility and underwriting standards

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Sec. 13. The: (1) insurer that issues a self-storage insurance policy; or (2) supervising entity that supervises a self-storage facility with respect to a self-storage insurance policy; shall establish eligibility and underwriting standards for each self-storage insurance policy …

Ind. Code § 27-1-16.1-14 Charges for self-storage insurance; handling of funds; compensation

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Sec. 14. The following apply to charges for self-storage insurance: (1) The charges may be billed and collected by the self-storage facility. (2) If the insurance cost is not included in the cost associated with the self-storage rental agreement, the insurance cost must be separa…

Ind. Code § 27-1-16.1-15 Violations

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Sec. 15. (a) This section supplements and does not limit the actions that may be taken by the commissioner for a violation under IC 27-1-15.6. (b) If a self-storage facility or an employee or authorized representative of a self-storage facility violates this chapter, the commissi…

Ind. Code § 27-1-16.1-16 Application for limited lines producer's license

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Sec. 16. (a) A self-storage facility shall apply for a limited lines producer's license required by this chapter by filing a sworn application for the license with the commissioner on forms prescribed and furnished by the commissioner. (b) An application filed under subsection (a…

Ind. Code § 27-1-16.1-2 "Customer"

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Sec. 2. As used in this chapter, "customer" means a person that obtains the use of storage space from a self-storage facility under the terms of a self-storage rental agreement. As added by P.L.81-2013, SEC.3.

Ind. Code § 27-1-16.1-3 "Insured customer"

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Sec. 3. As used in this chapter, "insured customer" means a customer that purchases insurance under a self-storage insurance policy that is sold, solicited, or negotiated by a self-storage facility. As added by P.L.81-2013, SEC.3.

Ind. Code § 27-1-16.1-4 "Self-storage facility"

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Sec. 4. As used in this chapter, "self-storage facility" means a person that is engaged in the business of providing rented storage space to the public. As added by P.L.81-2013, SEC.3.

Ind. Code § 27-1-16.1-5 "Self-storage insurance"

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Sec. 5. (a) As used in this chapter, "self-storage insurance" means: (1) insurance that provides insurance coverage for the loss of, or damage to, tangible personal property that is contained in storage space or in transit during a self-storage rental agreement period; or (2) oth…

Ind. Code § 27-1-16.1-6 "Self-storage rental agreement"

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Sec. 6. As used in this chapter, "self-storage rental agreement" means a written agreement containing the terms and conditions governing the use of storage space provided by a self-storage facility. As added by P.L.81-2013, SEC.3.

Ind. Code § 27-1-16.1-7 "Supervising entity"

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Sec. 7. As used in this chapter, "supervising entity" means a business entity that: (1) supervises the activities of a self-storage facility related to a self-storage insurance policy; (2) is an: (A) insurer; or (B) insurance producer; that is licensed under this title; and (3) i…

Ind. Code § 27-1-16.1-8 Limited lines producer's license required; training and limits on employee and authorized representative conduct

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Sec. 8. (a) A self-storage facility shall not sell, solicit, or negotiate self-storage insurance unless the self-storage facility holds a limited lines producer's license issued under IC 27-1-15.6-18 to sell, solicit, or negotiate self-storage insurance. (b) A limited lines produ…

Ind. Code § 27-1-16.1-9 Supervising entity registry

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Sec. 9. (a) A supervising entity shall: (1) maintain a registry of locations described in section 8(b) of this chapter; and (2) make the registry available for examination by the commissioner during the supervising entity's regular business hours. (b) The commissioner shall, at l…