Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-147 - INSURANCE PRODUCERS, TEMPORARY PRODUCERS, AND SERVICE REPRESENTATIVES
Section 482-1-147-.02 - Definitions

Universal Citation: AL Admin Code R 482-1-147-.02

Current through Register Vol. 42, No. 5, February 29, 2024

Unless the context otherwise requires, terms found in this chapter are used as defined in Code of Ala. 1975, § 27-7-1. The following terms are defined for purposes of this chapter:

(a) CAPTIVE PRODUCER. An insurance producer under contract to represent only one insurer or one group of insurers.

(b) HEALTH. The line of authority defined in Code of Ala. 1975, § 27-7-14.1 as Accident and Health or Sickness, commonly known as disability.

(c) NAIC. The National Association of Insurance Commissioners or its affiliates or subsidiaries.

(d) NIPR. The National Insurance Producer Registry.

Author: Commissioner of Insurance

Statutory Authority: Code of Ala. 1975, §§ 27-2-17, 27-7-4.3, 27-7-5, 27-7-23, 27-7-24, 27-7-30, 27-7-43.

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