{"data":{"id":"us-in/ic-27-1-12-43","jurisdiction":"us-in","citation":"IC 27-1-12-43","heading":"Life insurance provision allowing for right to return policy","body":"Sec. 43. (a) As used in this section, \"life insurance policy\" means:\n(1) an individual life insurance policy other than a credit life insurance policy; or\n(2) an individual policy of variable life insurance;\nthat is sold after June 30, 1994.\n(b) No life insurance policy may be issued in Indiana or issued for delivery in Indiana unless it contains a provision allowing the policyholder to return the policy to:\n(1) the insurer;\n(2) the insurance producer through whom the policy was purchased; or\n(3) any agent of the insurer;\nwithin ten (10) days after the policy is received by the policyholder for a full refund of all money paid by the policyholder.\n(c) Each life insurance policy must have prominently printed on its first page a notice setting forth in substance the provisions of subsection (b).","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 12. Life Insurance Company Powers and Policy Requirements"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-12-43","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"346f80dd7115f5018fd52afcd02c0f3b403a9d5eed411fc2c9d8a0f77a3fff8e","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-12-42","next":"us-in/ic-27-1-12-44"},"notice":"GroundRules: Original legal text. Not legal advice."}