N.Y. Comp. Codes R. & Regs. tit. 11 § 13.2

Current through Register Vol. 46, No. 50, December 11, 2024

Section 13.2 - Definitions

As used in this Part:

(a) Mass merchandising plan means a method of selling personal property-liability insurance wherein:

(1) such insurance is offered to employees of particular employers or to members of particular associations or organizations; and

(2) the employer, association or organization has agreed to, or otherwise affiliated itself with, the sale of such insurance to its employees or members.

(b) Personal property-liability insurance means insurance to which section 3425 of the Insurance Law applies.

N.Y. Comp. Codes R. & Regs. Tit. 11 § 13.2