Sec. 1. No person eighteen (18) years of age or over is incompetent because of age to contract for any insurance or exercise every right, privilege and benefit provided by any insurance contract. Formerly: Acts 1973, P.L.275, SEC.5.
Sec. 2. No person eighteen (18) years of age or over is incompetent because of age to receive and give full acquittance and discharge for payments or execute assignments under the provisions of an insurance contract or under the provisions of a settlement agreement executed in connection with any such contract of insurance. Formerly: Acts […]
Sec. 3. (a) As used in this section, “policy of motor vehicle insurance” means an insurance policy that provides the kind of insurance described in Class 2(f) of IC 27-1-5-1. (b) An individual who: (1) is at least sixteen (16) years of age; (2) is under the care and supervision of the department of child […]
