§ 27-1-2.1-1 “Health care sharing ministry”
§ 27-1-2.1-2 Health care sharing ministry not engaged in the business of insurance

Terms Used In Indiana Code > Title 27 > Article 1 > Chapter 2.1 - Health Care Sharing Ministries

  • health care sharing ministry: means a nonprofit organization that:

    Indiana Code 27-1-2.1-1

  • in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
  • Insurance: means a contract of insurance or an agreement by which one (1) party, for a consideration, promises to pay money or its equivalent or to do an act valuable to the insured upon the destruction, loss or injury of something in which the other party has a pecuniary interest, or in consideration of a price paid, adequate to the risk, becomes security to the other against loss by certain specified risks; to grant indemnity or security against loss for a consideration. See Indiana Code 27-1-2-3