Section 27-1-43.2-13 - Service contract reimbursement policy form Except as provided in section 14 of this chapter, a service contract reimbursement policy may not be offered, sold, or issued in Indiana unless the service contract reimbursement policy conspicuously states that the insurer will do either of the following:
(1) Pay all sums that the provider is obligated to pay under service contracts issued by the provider and outstanding in Indiana.(2) In the event of the provider's nonperformance under a service contract issued by the provider and outstanding in Indiana, perform or pay for the performance of services that the provider:(A) is obligated to perform under the service contract; andAdded by P.L. 129-2014, SEC. 10, eff. 7/1/2014.