§ 27-11-6-1 Contractual benefits
§ 27-11-6-2 Beneficiaries of benefit contracts; funeral benefits; failure to designate lawful beneficiary
§ 27-11-6-3 Limitation on use of benefits to pay debts or liabilities of members, beneficiaries, or other persons
§ 27-11-6-4 Issuance of certificate to owner of benefit contract
§ 27-11-6-5 Effect of changes, additions, or amendments to laws of society upon owner and beneficiaries of benefit contract
§ 27-11-6-6 Issuance of benefit contract upon life of a minor
§ 27-11-6-7 Payment of owner’s equitable proportion of deficiency where society’s reserves are impaired
§ 27-11-6-8 Copies of documents as evidence of terms and conditions
§ 27-11-6-9 Filing of copy of certificate with commissioner; contents of certificate
§ 27-11-6-10 Benefit contract issued on life of a minor; transfer of control of ownership to the insured
§ 27-11-6-11 Assignment of benefit contracts
§ 27-11-6-12 Cash surrender value, loans, or other options

Terms Used In Indiana Code > Title 27 > Article 11 > Chapter 6

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
  • Contract: A legal written agreement that becomes binding when signed.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
  • in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5