New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter I - GENERAL PROVISIONS
Part 13 - Mass Merchandising Of Personal Property - Liability Insurance
Section 13.2 - Definitions
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 13.2
Current through Register Vol. 46, No. 12, March 20, 2024
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.
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