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054.00.101-3. Definitions

AR ADC 054.00.101-3Arkansas Administrative Code

West's Arkansas Administrative Code
Title 054. Insurance Department
Division 00.
Rule 101. Prohibition on the Use of Discretionary Clauses in Disability Income Policies
Ark. Admin. Code 054.00.101-3
054.00.101-3. Definitions
A. “Commissioner” means the Arkansas Insurance Commissioner.
B. “Disability income protection coverage” is a policy, contract, certificate or agreement issued by an insurer subject to the insurance laws and regulations of this State, or subject to the jurisdiction of the Commissioner, that provides for periodic payments, weekly or monthly, for a specified period during the continuance of disability resulting from either sickness or injury or a combination of them.
C. “Person” means an individual, a corporation, a partnership, an association, a joint venture, a joint stock company, a trust, an unincorporated organization, any similar entity or combination of the foregoing.

Credits

Adopted Jan. 19, 2013.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 054.00.101-3, AR ADC 054.00.101-3
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