Chapter 40: MASS MARKETING OF CASUALTY AND PROPERTY INSURANCE
§2932. Definitions
As used in this chapter, unless the context otherwise indicates, the following words shall have the following meanings. [1973, c. 625, §146 (NEW).]
1.Casualty insurance. "Casualty insurance" means all contracts of insurance covered by section 707.
[
1973, c. 625, §146 (NEW)
.]
2.Mass marketing plan. "Mass marketing plan" means a method of selling property and casualty insurance wherein such insurance is offered to employees
of particular employers or to members of particular associations or organizations or to persons grouped in other ways and
the employer, association or organization has agreed to or otherwise affiliated itself with, or facilitated, the sale of such
insurance to its employees or members and employees and includes without limitation such plans whether described as "mass
merchandising," "group merchandising," "franchise merchandising" or "collective merchandising."
[
1973, c. 625, §146 (NEW)
.]
3.Property insurance. "Property insurance" means all contracts of insurance covered by section 705.
[
1973, c. 625, §146 (NEW)
.]
SECTION HISTORY
1973, c. 625, §146 (NEW).
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