Ind. Code § 27-1-41-8
Premium payment
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Ind. Code § 27-1-41-8, Premium payment, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1662582
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Full text
Sec. 8.
(a) A group administrator may, if authorized by the insurer, aggregate the group members' premiums and remit the premiums to the insurer or insurance producer.
(b) If an insurer authorizes payment of premiums as described in subsection (a), payment of a premium by a group member to the group administrator is considered to be payment to the insurer.
(c) An employer or group administrator of a group described in section 2(2) of this chapter may remit premiums to an insurer through an employee benefit plan.