Indiana Code 27-2-21-5. “Consumer”
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Sec. 5. As used in this chapter, “consumer” means an:
(A) credit information is used; or
(1) insured whose:
Terms Used In Indiana Code 27-2-21-5
- applicant: means an individual who has applied with an insurer for coverage under a personal insurance policy. See Indiana Code 27-2-21-3
- credit information: means credit related information:
Indiana Code 27-2-21-7
- insurance score: means a number or rating that is derived from an algorithm, computer application, model, or other process that is based on credit information for the purpose of predicting the future insurance loss exposure of an individual consumer. See Indiana Code 27-2-21-11
- insured: means an individual entitled to coverage under a personal insurance policy. See Indiana Code 27-2-21-12
- personal insurance policy: means a policy that:
Indiana Code 27-2-21-14
(B) insurance score is calculated;
in the underwriting or rating of a personal insurance policy; or
(2) applicant for a personal insurance policy.
As added by P.L.201-2003, SEC.1.