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Ind. Code § 37-2-2-10.5

"Consumer credit insurance"

Indiana · Indiana Code Title 37 — Consumer Lending · Status: effective

Banking, Finance & Insurance
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Ind. Code § 37-2-2-10.5, "Consumer credit insurance", Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1689404
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Sec. 10.5. "Consumer credit insurance" means insurance, other than insurance on property, by which the satisfaction of debt in whole or in part is a benefit provided, but does not include: (1) insurance issued as an isolated transaction on the part of the insurer not related to an agreement or plan for insuring debtors of the creditor; or (2) insurance indemnifying the creditor against loss due to the debtor's default.