IDOI Issues Bulletin on Mandatory ILHIGA Disclaimer

On October 7th, 2013, the Indiana Department of Insurance released Bulletin 200 (Indiana Life and Health Guaranty Association Disclaimer), which requires ILHIGA member insurers to include the “Summary Document” (attached to the Bulletin) with every policy or contract to a policy or contract owner at the time of delivery of the policy or contract and must be available upon request by a policy or contract owner–starting on December 6, 2013.

The purpose of the Summary Document is to provide notice to policyholders of the basic protections provided by ILHIGA.

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