{"data":{"id":"us-in/ic-27-1-38-9","jurisdiction":"us-in","citation":"IC 27-1-38-9","heading":"Required disclosures before sale of insurance","body":"Sec. 9. (a) This section applies as follows:\n(1) To an affiliate of a depository institution only to the extent that the affiliate sells, solicits, advertises, or offers insurance at the office of a depository institution or on behalf of a depository institution.\n(2) To the:\n(A) sale of;\n(B) solicitation for; or\n(C) application for;\ninsurance by an individual primarily for personal, family, or household purposes and only to the extent that a disclosure is accurate.\n(b) A depository institution or an affiliate of a depository institution that solicits, sells, advertises, or offers insurance, and a person that sells, solicits, advertises, or offers insurance on behalf of a depository institution, shall disclose to a customer, in writing where practicable, in a clear and conspicuous manner, and before a sale of insurance, that the insurance:\n(1) is not a deposit;\n(2) is not insured by the Federal Deposit Insurance Corporation or another federal government agency;\n(3) is not guaranteed by the depository institution, the affiliate of a depository institution, or the person that sells, solicits, advertises, or offers insurance on behalf of a depository institution; and\n(4) involves investment risk including possible loss of value, if appropriate.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 38. Regulation of Depository Institutions"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-38-9","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"fef293688a19608e60bf446e604cb9b71a31a58316846a91bd532079b905b454","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-38-8","next":"us-in/ic-27-1-38-10"},"notice":"GroundRules: Original legal text. Not legal advice."}