(b) The amount of premium refund shall be prorated from the date following the date of death of the insured to the end of the contract period for which the premium has been paid.(c) The refund required by this section shall be paid as follows:(1) If a person other than the insured paid the premium, to that person. A person entitled to a refund under this subdivision must provide proof of payment to the insurer.(2) If the insured paid the premium, to the surviving spouse of the insured. If there is no surviving spouse, the premium shall be paid in the same manner as distributions of the net estate of a person who dies intestate under IC 29-1-2-1(d).(d) A person entitled to receive a refund under this section must do the following:(1) Submit a written request for the refund.(2) Furnish proof of the insured's death.As added by P.L.151-1990, SEC.2.
Indiana Legal Code