{"data":{"id":"us-in/ic-27-8-1-6","jurisdiction":"us-in","citation":"IC 27-8-1-6","heading":"Exemption of certificates from valuation; insurable interest","body":"Sec. 6. A policy or certificate issued by any such an association shall be exempt from the valuation based upon the American Experience Table, or any other table of mortality, in consequence of such association conducting its business on the plan of assessing members, and such policy or certificate, when the payments thereon are made by any person other than the insured, and without the written consent of the insured, to be valid must be supported by an insurable interest.","path":["TITLE 27. INSURANCE","ARTICLE 8. LIFE, ACCIDENT, AND HEALTH","Chapter 1. Life Insurance─Assessment Plan"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-8-1-6","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"9c6458c466e10021e6bb0b4d4dceac6cc8ccab0a3f4c2877283c9a34ab7af4d9","source_id":"us-in","stale":false,"prev":"us-in/ic-27-8-1-5","next":"us-in/ic-27-8-1-7"},"notice":"GroundRules: Original legal text. Not legal advice."}