Indiana § 27-7-17-14 - Premium tax
Full text of Indiana Indiana Code § 27-7-17-14 — Premium tax, with citation guidance and answers to common questions.
§ 27-7-17-14. Premium tax
Sec. 14. (a) A travel insurer shall pay premium tax, as provided in IC 27-1-18-2, on travel insurance premiums paid by:
(1) an individual primary policyholder who is a resident of this state;
(2) a primary certificate holder who is a resident of this state and elects coverage under a group travel insurance policy; and
(3) a blanket travel insurance policyholder that is a resident of this state or has its principal place of business or the principal place of business of an affiliate or subsidiary that has purchased blanket travel insurance for an eligible group in this state, subject to any apportionment rules which apply to the insurer across multiple taxing jurisdictions or that permit the insurer to allocate premium on an apportioned basis in a reasonable and equitable manner in those jurisdictions.
(b) A travel insurer shall:
(1) document the state of residence or principal place of business of a policyholder or certificate holder, as provided in subsection (a); and
(2) report as premium only the amount allocable to travel insurance and not any amounts received for travel assistance services or cancellation fee waivers.
As added by P.L.19-2022, SEC.5.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 27-7-17-14
What does Indiana Code § 27-7-17-14 cover?
Section 27-7-17-14 ("Premium tax") 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 § 27-7-17-14?
A common citation format is "Indiana Code § 27-7-17-14" (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 § 27-7-17-14 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.