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27-1-43.2-8. "Service contract reimbursement policy"

IN Code § 27-1-43.2-8 (2019) (N/A)
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Sec. 8. As used in this chapter, "service contract reimbursement policy" means a policy of insurance that provides coverage for one (1) of the following:

(1) All obligations and liabilities incurred by a provider under a service contract issued by the provider in Indiana.

(2) In the event of the provider's nonperformance under a service contract issued by the provider in Indiana, performance of all obligations:

(A) of the provider under the service contract; and

(B) that the provider did not perform.

As added by P.L.129-2014, SEC.10.

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