Section 27-1-47-2 - Permitted products and services(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).
IC 27-1-47-2
Amended by P.L. 226-2023,SEC. 18, eff. 7/1/2023.Added by P.L. 196-2021,SEC. 33, eff. 7/1/2021.