Section 760IAC1-62-1. Applicability and scope  


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  •    This rule applies to all group and individual life insurance policies and certificates, except any of the following:

    (1) Variable life insurance.

    (2) Individual and group annuity contracts.

    (3) Credit life insurance.

    (4) Life insurance policies with no illustrated death benefits on any individual exceeding ten thousand dollars ($10,000).

    (Department of Insurance; 760 IAC 1-62-1; filed Sep 27, 1999, 9:00 a.m.: 23 IR 335, eff Jan 1, 2000; readopted filed Sep 25, 2006, 3:23 p.m.: 20061004-IR-760060200RFA; readopted filed Nov 21, 2012, 4:15 p.m.: 20121219-IR-760120454RFA)