CHAPTER 11. DROUGHT INSURANCE
IC 27-7-11
Chapter 11. Drought Insurance
IC 27-7-11-1
"Drought insurance" defined
Sec. 1. As used in this chapter, "drought insurance" meansinsurance that covers the loss of or damage to crops caused by aninsufficient amount of rainfall.
As added by P.L.250-1989, SEC.1.
IC 27-7-11-2
Policy effective date; cancellation
Sec. 2. A drought insurance policy becomes effective and is notsubject to cancellation:
(1) at the time stated in the application for the insurance; or
(2) fourteen (14) days after the applicant submits the premiumpayment;
whichever occurs first, unless the application is refused in writingand the premium payment is returned within fourteen (14) days afterthe premium payment is submitted.
As added by P.L.250-1989, SEC.1.