IC 27-1-47-2 — Permitted products and services
Chapter 47. Activities Not Prohibited as Rebates
Section text
Sec. 2. (a) An insurer, by or through its employees, affiliates, insurance producers, or third-party representatives, or an insurance producer acting on the insurance producer's own behalf, may offer or provide, for free or at a discounted price, value-added products or services: (1) that relate to or are provided in conjunction with a policy of insurance; and (2) that: (A) are primarily intended to: (i) educate about; (ii) assess; (iii) monitor; (iv) mitigate; (v) reduce; (vi) control; or (vii) prevent; risk, severity, or frequency of loss to persons or to persons' lives, health, or property; (B) are primarily designed to enhance the health, financial wellness, or safety of persons or of persons' lives, health, or property; or (C) have a nexus to or enhance the value of the insurance benefits of the policy. (b) Offering or providing products or services under this section is not a violation of IC 27-1-20-30, IC 27-1-22-18, or IC 27-4-1-4(a)(8).
As added by P.L.196-2021, SEC.33. Amended by P.L.226-2023, SEC.18.
Source: official publisher (2026 edition)