{"data":{"id":"us-in/ic-27-6-8-3","jurisdiction":"us-in","citation":"IC 27-6-8-3","heading":"Scope","body":"Sec. 3. This chapter applies to all kinds of direct insurance except:\n(1) life, annuity, health, or disability insurance;\n(2) mortgage guaranty, financial guaranty, or other forms of insurance offering protection against investment risks;\n(3) fidelity or surety bonds, or any other bonding obligations;\n(4) credit insurance, vendors' single interest insurance, or collateral protection insurance or similar insurance with the primary purpose of protecting the interests of a creditor arising out of a creditor-debtor transaction;\n(5) other than coverages that may be set forth in a cybersecurity insurance policy, warranty or service contract insurance, including insurance that provides:\n(A) for the repair, replacement, or service of goods or property;\n(B) indemnification for repair, replacement, or service for the operational or structural failure of the goods or property due to a defect in materials, workmanship, or normal wear and tear; or\n(C) reimbursement for the liability incurred by the issuer of agreements or service contracts that provide the benefits described in clauses (A) and (B);\n(6) title insurance;\n(7) ocean marine insurance;\n(8) a transaction between a person or an affiliate of a person and an insurer or an affiliate of an insurer that involves the transfer of investment or credit risk without a transfer of insurance risk;\n(9) insurance provided by or guaranteed by a government entity; and\n(10) insurance written on a retroactive basis to cover known losses for which a claim has already been made and the claim is known to the insurer at the time the insurance is bound.","path":["TITLE 27. INSURANCE","ARTICLE 6. REINSURANCE; INTERINSURANCE; RECIPROCAL INSURANCE","Chapter 8. Property and Casualty Insurance and Guaranty Association Law"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-6-8-3","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"37e179fbc50afe90c06e89ff79de4f9314a3f9a15dd9012c68db7007e82da54b","source_id":"us-in","stale":false,"prev":"us-in/ic-27-6-8-2","next":"us-in/ic-27-6-8-4"},"notice":"GroundRules: Original legal text. Not legal advice."}