Sec. 11. (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:

Terms Used In Indiana Code 27-2-23-11

  • death master file: refers to :

    Indiana Code 27-2-23-5

  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(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.