{"data":{"id":"us-in/ic-37-5-3-1","jurisdiction":"us-in","citation":"IC 37-5-3-1","heading":"Financing of certain premiums, penalties, and fees prohibited","body":"Sec. 1. (a) A creditor making a home loan may not finance, directly or indirectly, any:\n(1) credit life insurance;\n(2) credit disability insurance;\n(3) credit unemployment insurance;\n(4) credit property insurance; or\n(5) payments directly or indirectly for any cancellation suspension agreement or contract.\n(b) Insurance premiums, debt cancellation fees, or suspension fees calculated and paid on a monthly basis are not considered to be financed by the creditor for purposes of this chapter.","path":["TITLE 37. CONSUMER LENDING","ARTICLE 5. HOME LOAN PRACTICES","Chapter 3. Prohibited Lending Practices Generally"],"source_url":"https://iga.in.gov/ic/2026/Title_37.html#37-5-3-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-22T06:53:15Z","sha256":"c77e6b75e7f9bf10c177e28ef07cb6bc1aa85183e582de9ea32f39c0939d47f7","source_id":"us-in","stale":false,"prev":"us-in/ic-37-5-3-0.1","next":"us-in/ic-37-5-3-2"},"notice":"GroundRules: Original legal text. Not legal advice."}