Stranger originated life insurance; prohibition

Ind. Code § 27-8-19.8-20.1
in effect
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Sec. 20.1. (a) A person shall not issue, solicit, market, or otherwise promote the purchase of a life insurance policy in connection with stranger originated life insurance. (b) A violation of this section is an unfair and deceptive act or practice in the business of insurance under IC 27-4-1-4. As added by P.L.112-2008, SEC.4.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026

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