Indiana § 27-1-12-25 - Misrepresentation of policy terms or benefits; inducing policyholder to lapse, forfeit, or surrender insurance
Full text of Indiana Indiana Code § 27-1-12-25 — Misrepresentation of policy terms or benefits; inducing policyholder to lapse, forfeit, or surrender insurance, with citation guidance and answers to common questions.
§ 27-1-12-25. Misrepresentation of policy terms or benefits; inducing policyholder to lapse, forfeit, or surrender insurance
Sec. 25. No life insurance company doing business in this state, and no officer, director or agent thereof shall make, issue or circulate, or cause to be issued or circulated, any estimate, illustration, circular, or statement of any sort misrepresenting the terms of any policy issued or to be issued by it or the benefits or advantages promised thereby, or the dividends or share of the surplus to be received thereon, or shall use any name or title of any policy or class of policies misrepresenting the true nature thereof. Nor shall a person make any misrepresentation to any person insured in any company for the purpose of inducing or tending to induce a policyholder in any company to lapse, forfeit, or surrender his insurance.
Formerly: Acts 1935, c.162, s.164. As amended by Acts 1978, P.L.2, SEC.2710.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 27-1-12-25
What does Indiana Code § 27-1-12-25 cover?
Section 27-1-12-25 ("Misrepresentation of policy terms or benefits; inducing policyholder to lapse, forfeit, or surrender insurance") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 27-1-12-25?
A common citation format is "Indiana Code § 27-1-12-25" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 27-1-12-25 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.