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§ 27-2-23-11 — Indiana Law | CourtGPT
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  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 2 - Powers and Duties of Insurers/
  6. Chapter 23 - Unclaimed Life Insurance Benefits27-2-23-1. Application of Chapter/
  7. § 27-2-23-11
Indiana Legal Code

§ 27-2-23-11

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(a) An insurer shall, at least every six (6) months, perform a comparison of in-force policies, annuities, and retained asset accounts issued by the insurer in Indiana against a death master file to identify potential death master file matches.(b) An insurer that performs a comparison under subsection (a) using:(1) a complete death master file one (1) time per year; and(2) only the update files of the death master file used under subdivision (1) for additional comparisons during the twelve (12) months after the comparison under subdivision (1);is considered to be compliant with subsection (a).(c) This section does not prevent an insurer from requesting a certified original or copy of a death certificate as a part of a claim validation process.As added by P.L.90-2014, SEC.1.