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" means insurance that covers the loss of or damage to crops caused by an insufficient 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 not subject to cancellation:
        (1) at the time stated in the application for the insurance; or
        (2) fourteen (14) days after the applicant submits the premium payment;
whichever occurs first, unless the application is refused in writing and the premium payment is returned within fourteen (14) days after the premium payment is submitted.
As added by P.L.250-1989, SEC.1.