# Ind. Code § 27-2-23-9: "Policy"

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-9

## Section

- **Citation:** Ind. Code § 27-2-23-9
- **Heading:** "Policy"
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 27 / Article 2 / Chapter 23 / Section 27-2-23-9

## Text

Sec. 9. (a) As used in this chapter, "policy" means a policy or certificate issued in Indiana after June 30, 2015, that provides the kind of insurance described in Class 1 of IC 27-1-5-1.

(b) The term does not include the following:

(1) A policy or certificate that provides a death benefit under:

(A) an employee benefit plan that is subject to the federal Employee Retirement Income Security Act of 1974 (29 U.S.C. 1001 et seq.); or

(B) a federal employee benefit program.

(2) A policy or certificate that is used to fund a preneed funeral contract or prearrangement.

(3) A policy or certificate of credit life or accidental death insurance.

(4) A policy issued to a group policy owner for which the insurer does not provide record keeping services.

As added by P.L.90-2014, SEC.1. Amended by P.L.166-2015, SEC.3.

## Nearby sections

- [Ind. Code § 27-2-23-1 Application of chapter](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-1.md)
- [Ind. Code § 27-2-23-2 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-2.md)
- [Ind. Code § 27-2-23-3 "Account owner"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-3.md)
- [Ind. Code § 27-2-23-4 "Annuity"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-4.md)
- [Ind. Code § 27-2-23-5 "Death master file"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-5.md)
- [Ind. Code § 27-2-23-6 "Death master file match"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-6.md)
- [Ind. Code § 27-2-23-7 "Knowledge of death"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-7.md)
- [Ind. Code § 27-2-23-8 "Person"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-8.md)
- [Ind. Code § 27-2-23-9 "Policy"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-9.md)
- [Ind. Code § 27-2-23-10 "Record keeping services"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-10.md)
- [Ind. Code § 27-2-23-10.2 "Retained asset account"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-10.2.md)
- [Ind. Code § 27-2-23-11 Performance of death master file comparison; frequency; death certificate](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-11.md)
- [Ind. Code § 27-2-23-12 Insurer duty related to possible death](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-12.md)
- [Ind. Code § 27-2-23-13 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-13.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T27_A2_C23_S27-2-23-9. Check the current official text before relying on it. Not legal advice.