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27-5.1-4-3. Kinds of insurance coverage

IN Code § 27-5.1-4-3 (2019) (N/A)
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Sec. 3. An extended company may:

(1) insure the property of policyholders of the extended company against loss or damage that is caused by:

(A) fire;

(B) windstorm;

(C) causes specified under an extended coverage provision; and

(D) other perils that are specified in the policy form;

(2) insure the property of policyholders of the extended company against:

(A) loss of use;

(B) loss of occupancy;

(C) loss of rents; and

(D) additional expenses;

that result from direct loss or damage to covered property; and

(3) provide other kinds of insurance that are approved by the commissioner.

As added by P.L.129-2003, SEC.8.

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27-5.1-4-2. Companies existing on June 30, 2003; extended company election; amended certificate of authority
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27-5.1-4-4. Financial and reinsurance requirements