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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) As used in this act:
(i) “Block of business” means all those individual, group or blanket disability insurance contracts issued by an insurance company under a particular policy form approved by the Wyoming insurance department;
(ii) “Closed block of business” means a block of business where an insurer ceases to market or sell in Wyoming any new individual, group or blanket disability insurance contracts under a particular policy form and no new contracts are being added to the block;
(iii) “Policy form” means a representative insurance contract which has been filed by an insurer for approval by the Wyoming insurance department pursuant to W.S. 26-15-110 so that other contracts with identical language to that of the policy form may be marketed and sold in Wyoming;
(iv) “This act” means W.S. 26-39-101 through 26-39-104.
Cite this article: FindLaw.com - Wyoming Statutes Title 26. Insurance Code § 26-39-102. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/wy/title-26-insurance-code/wy-st-sect-26-39-102/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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