{"data":{"id":"us-in/ic-27-1-12.8-7","jurisdiction":"us-in","citation":"IC 27-1-12.8-7","heading":"\"Contractholder behavior\"","body":"Sec. 7. (a) As used in this chapter, \"contractholder behavior\" means an action taken by a contract holder, certificate holder, or another person possessing the right to elect options, including:\n(1) lapse;\n(2) withdrawal;\n(3) transfer;\n(4) deposit;\n(5) premium payment;\n(6) loan;\n(7) annuitization;\n(8) benefit elections; and\n(9) other options;\nunder the contract.\n(b) As used in this chapter, \"contractholder behavior\" does not include events of mortality or morbidity resulting in benefits prescribed according to the terms of the contract.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 12.8. Standard Valuation Law"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-12.8-7","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"c9a8287e98106d4f7a5db0174f65fb46a7638e5a98ad067062b4b5acd20d0b6b","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-12.8-6","next":"us-in/ic-27-1-12.8-8"},"notice":"GroundRules: Original legal text. Not legal advice."}