Legislation

Search OpenLegislation Statutes
This entry was published on 2021-08-06
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 4101
Definitions
Insurance (ISC) CHAPTER 28, ARTICLE 41
§ 4101. Definitions. In this article: (a) "Basic kinds of insurance"
means the kinds of insurance described in the following paragraphs of
subsection (a) of section one thousand one hundred thirteen of this
chapter numbered therein as set forth in parentheses below:

fire (4);

burglary and theft (7);

glass (8);

boiler and machinery (9);

elevator (10);

animal (11);

personal injury liability (13);

property damage liability (14) - basic as to stock companies only;

workers' compensation and employers' liability (15);

fidelity and surety (16);

credit (17);

marine and inland marine (20);

marine protection and indemnity (21) - basic as to mutual companies
only.

(b) "Non-basic kinds of insurance" means the kinds of insurance
described in the following paragraphs of subsection (a) of section one
thousand one hundred thirteen of this chapter numbered therein as set
forth in parentheses below:

accident and health (item (i) of (3));

non-cancellable disability (item (ii) of (3));

miscellaneous property (5);

water damage (6);

collision (12);

property damage liability (14) - non-basic as to mutual companies
only;

motor vehicle and aircraft physical damage (19);

inland marine as specified in marine and inland marine (20);

marine protection and indemnity (21) - non-basic as to stock companies
only;

residual value (22);

credit unemployment (24);

gap (26);

prize indemnification (27);

service contract reimbursement (28);

legal services insurance (29);

involuntary unemployment insurance (30);

salary protection insurance (31);

donor medical expense insurance (32);

excess business disability insurance (33).