A church benefits board, or an affiliate wholly owned by the board, may agree to indemnify against damage or risk of loss:
(1) a minister, teacher, employee, trustee, functionary, or director affiliated with the board or a family member, dependent, or beneficiary of one of those persons;
(2) a church or a convention, conference, or association of churches; or
(3) an organization that is controlled by or affiliated with the board or with a church or a convention, conference, or association of churches.