N.J. Admin. Code § 11:2-18.3

Current through Register Vol. 57, No. 1, January 6, 2025
Section 11:2-18.3 - Definitions

The following words and terms, as used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise:

"Buyer's Guide" means part of a written notice required to be given to insureds and prospective insureds for automobile insurance, pursuant to N.J.S.A. 39:6A-23, which provides a brief description of all available policy coverages and benefit limits, identifies which coverages are optional and mandatory, and identifies all options offered by the insurer.

"Commissioner" means the Commissioner of Banking and Insurance.

"Coverage Selection Form" means part of a written notice required to be given to insureds and prospective insureds for automobile insurance, pursuant to N.J.S.A. 39:6A-23, which provides information required by the Commissioner pursuant to N.J.A.C. 11:3-15.6.

"Insurer" means any person, corporation, company, association, partnership, title insurance company, eligible authorized surplus lines insurer, or any other legal entity issuing a contract of insurance subject to this subchapter. In this subchapter, "insurer" also includes rating organizations.

"Policy" means any contract of insurance subject to this subchapter and includes, but is not limited to, all policies, contracts, certificates, riders and endorsements that provide insurance coverage to individuals. "Policy" also includes applications to be signed by the applicant and all other writings required to complete the insurance transaction.

"Text" means all printed matter in a policy, except the name and address of the insurer; the name, number and title of the policy; the table of contents or index, captions or subcaptions; applications; specification or declarations pages; and schedules or tables. "Text" does not include the Coverage Selection Form or specific language required, permitted or approved by a law, regulation, rule or published interpretation of a State or Federal agency.

N.J. Admin. Code § 11:2-18.3

Amended by R.1991 d.4, effective 1/7/1991.
See: 22 New Jersey Register 1673(a), 23 New Jersey Register 103(a).
Added definitions for "Buyer's Guide" and "coverage selection form"; modified "text".
Amended by R.2001 d.6, effective 1/2/2001.
See: 32 New Jersey Register 3530(a), 33 New Jersey Register 85(a).
Amended "Commissioner". Amended by R.2005 d.350, effective 10/17/2005.
See: 37 New Jersey Register 2285(a), 37 New Jersey Register 4026(a).
In definition "Coverage Selection Form", substituted "N.J.A.C. 11:3-15.6" for "N.J.A.C. 11:3-15.7".