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Public school corporations may establish trusts to establish and maintain insurance coverage. Pursuant to Indiana Code (IC) 20-42.5-2-1, (additional guidance is also provided in Rule 760 IAC 1-75 a School Trust doing business in Indiana must register with the Indiana Department of Insurance.
To register a school trust, please provide the following information in a three-ring binder tabbed according to the list of required items in the application.
Registration fee of $350 payable to: Indiana Department of Insurance
Send the completed application and information to:
Indiana Department of Insurance
311 West Washington Street, Suite 300
Indianapolis, Indiana 46204-2787
After we receive the proper filing and review is completed, we will prepare a letter of registration will be prepared and sent to the contact person listed on the application.
Once a School Trust has been registered, Annual and Quarterly filings are required per 760 IAC 1-75-8.