New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter XII - Group Property/casualty Insurance
Part 310 - Product Or System Group Insurance Policies
Section 310.1 - Definitions

(a) Certificate means any evidence of insurance coverage, or rider or endorsement thereto, issued to a group member under a product or system group policy.

(b) Group member means a person who purchases or owns a product or system and who is insured under a product or system group policy.

(c) Group policyholder means a manufacturer, distributor, or installer of a product or system, or a trustee of a trust established, or participated in, by one or more manufacturers, distributors, or installers, to which a product or system group policy is issued.

(d) Issue includes issue for delivery.

(e) Manufacturer shall have the meaning ascribed by Insurance Law, section 3446(j).

(f) Policy means any policy, contract, certificate, or other evidence of insurance, or rider or endorsement thereto.

(g) Product or system group policy means a policy issued on a group basis to a group policyholder that provides coverage to group members when the manufacturer, distributor, or installer of a product or system has represented that the product or system is designed to prevent loss or damage to property from a specific cause (other than loss or damage resulting from defect in materials or workmanship, or wear and tear), and the coverage provided to the group members is for loss or damage to such property from such cause. For purposes of this Part, loss or damage to the property (valued as actual cash value, stated value, replacement cost, or other method of valuation acceptable to the superintendent) may also include unreimbursed incidental expenses that may be incurred as a result of the loss or damage to the property, such as rental or registration costs for replacement property.