Ind. Code § 27-5.1-2-19
Application for coverage; policyholder status
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Ind. Code § 27-5.1-2-19, Application for coverage; policyholder status, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1663273
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Full text
Sec. 19.
(a) A person, including a person described in subsection (b), that has a risk that is insurable under this article in a territory in which a farm mutual insurance company operates may apply for insurance coverage with the farm mutual insurance company. If the farm mutual insurance company accepts the person as a policyholder, the person becomes a policyholder of the farm mutual insurance company and is entitled to all the rights and privileges of a policyholder.
(b) Any of the following that own property within the territory of a farm mutual insurance company may apply for insurance, enter into an agreement for an insurance policy, and hold an insurance policy issued by a farm mutual insurance company:
(1) A corporation.
(2) An estate.
(3) An association.
(c) An officer, a trustee, a board member, or a legal representative of an entity described in subsection (b) may be recognized as acting for or on behalf of the entity for the purpose of membership.