Section Ins 303.03 - Definitions(a) "Commissioner" means the insurance commissioner of the state of New Hampshire.(b) "Deposit term life insurance" means those policies or plans which provide that an additional first year premium shall be paid in order that certain values and options will be available at the end of the initial term period or upon a specific policy anniversary and which additional first year premium is typically forfeited, in whole or in part, if the policy terminates for any reason in its early years other than for death of the insured deposit term life insurance includes term insurance, modified premium term insurance and modified premium whole life insurance.(c) "Policy" means the entire contract between the insured and the insurer.N.H. Admin. Code § Ins 303.03
#1900, eff 1-1-82; ss by #4287, eff 7-1-87; ss by #5657, eff 7-1-93; ss by #7015, INTERIM, eff 7-1-99, EXPIRED: 10-29-99
New. #7450, eff 2-16-01