Ind. Code § 27-8-5.9-3
"Short term insurance plan"
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Citation
- Ind. Code § 27-8-5.9-3, "Short term insurance plan", Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1663883
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Full text
Sec. 3. As used in this chapter, "short term insurance plan" means a policy of accident and sickness insurance (as defined in IC 27-8-5-1) that:
(1) may be renewed for the greater of:
(A) thirty-six (36) months; or
(B) the maximum period permitted under federal law;
(2) has a term of not more than three hundred sixty-four (364) days; and
(3) has an annual limit of at least two million dollars ($2,000,000).