# Ind. Code § 27-1-12.7-1: "Funding agreement"

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12.7_S27-1-12.7-1

## Section

- **Citation:** Ind. Code § 27-1-12.7-1
- **Heading:** "Funding agreement"
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 27 / Article 1 / Chapter 12.7 / Section 27-1-12.7-1

## Text

Sec. 1. As used in this chapter, "funding agreement" means an agreement that:

(1) is issued by a life insurance company to a holder;

(2) authorizes a life insurance company to accept funds; and

(3) provides for an accumulation of the funds for the purpose of making one (1) or more payments at future dates in amounts that are not based on mortality or morbidity contingencies of the holder of the funding agreement.

As added by P.L.178-2003, SEC.18.

## Nearby sections

- [Ind. Code § 27-1-12.7-1 "Funding agreement"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12.7_S27-1-12.7-1.md)
- [Ind. Code § 27-1-12.7-2 "Holder"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12.7_S27-1-12.7-2.md)
- [Ind. Code § 27-1-12.7-3 "Life insurance company"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12.7_S27-1-12.7-3.md)
- [Ind. Code § 27-1-12.7-4 "Optional modes of settlement"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12.7_S27-1-12.7-4.md)
- [Ind. Code § 27-1-12.7-5 Issuance or issuance for delivery of funding agreements](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12.7_S27-1-12.7-5.md)
- [Ind. Code § 27-1-12.7-6 Funding agreements interpretation](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12.7_S27-1-12.7-6.md)
- [Ind. Code § 27-1-12.7-7 Guaranteed or credited amounts under funding agreements](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12.7_S27-1-12.7-7.md)
- [Ind. Code § 27-1-12.7-8 Segregated asset accounts](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12.7_S27-1-12.7-8.md)
- [Ind. Code § 27-1-12.7-9 Commissioner; conditions; rules](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12.7_S27-1-12.7-9.md)
- [Ind. Code § 27-1-12.7-10 Regulation; funding agreement not a covered policy; claim for payments; assets in segregated asset account](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12.7_S27-1-12.7-10.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A1_C12.7_S27-1-12.7-1. Check the current official text before relying on it. Not legal advice.