Ind. Code § 27-1-2.2-8
Acknowledgment that coverage is not considered insurance
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Ind. Code § 27-1-2.2-8, Acknowledgment that coverage is not considered insurance, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1661367
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Full text
Sec. 8.
(a) When an individual applies for health coverage provided under this chapter, the nonprofit agricultural organization offering the health coverage shall inform the individual that the health coverage:
(1) is not considered insurance; and
(2) is not subject to the administrative rules of the department of insurance.
(b) An individual entering into a contract for health coverage under this chapter must acknowledge that the coverage:
(1) is not considered insurance; and
(2) is not subject to the administrative rules of the department of insurance.
(c) The acknowledgment required by subsection (b) must be in a writing signed by the individual. The nonprofit agricultural organization shall:
(1) keep a copy of the written acknowledgment for the entire duration of the contract under which the individual is provided coverage under this chapter; and
(2) provide a copy of the acknowledgment to the individual at the individual's request.