Section 20-1491 - DefinitionsIn this article, unless the context otherwise requires:
1. "Certificate holder" means the individual named insured group member under a group excess liability insurance policy.2. "Certificate of insurance" means the certificate of insurance, evidence of coverage or other summary of coverage that is issued to each certificate holder under a group excess liability insurance policy.3. "Conditional renewal" means a renewal that is conditioned on any of the following:(b) A change in the type of coverage.(c) A reduction or elimination of coverage.(d) Increased deductibles or the addition of exclusions.(e) Increased premiums in excess of ten percent, except for premium increases that are generated as a result of increased exposure units or as a result of experience rating, loss rating, retrospective rating or audit.4. "Excess liability insurance" means liability insurance, as prescribed in section 20-252, paragraph 1, that provides excess coverage after the certificate holder's primary liability insurance limits have been exhausted.5. "Excess uninsured or underinsured liability" means damages for bodily injury, personal injury or property damage that the certificate holder or an immediate family member of the certificate holder is legally entitled to receive from an uninsured or underinsured negligent person.6. "Group excess liability insurance" means excess liability insurance that is issued on a group basis and that covers groups of persons as prescribed in this article.7. "Group policyholder" means those groups identified in section 20-1492, subsection D to which a group excess liability insurance policy may be issued.8. "Immediate family member" includes any of the following:(a) The certificate holder's spouse or domestic partner.(b) Any relative of the certificate holder who lives with the certificate holder.(c) Any person who is under twenty-five years of age and who is in the care of the certificate holder.9. "Issued on a group basis" means the issuance of a master policy to a group policyholder, with certificates of insurance issued to certificate holders, solely for the benefit of persons other than the group policyholder.10. "Negligent person" means a natural person who is identifiable by legal name, who is not an immediate family member of the certificate holder and who is legally responsible for any damages that were sustained by the certificate holder or the certificate holder's immediate family member and that were caused by an accident or offense to which the group excess liability insurance policy applies.Added by L. 2023, ch. 81,s. 1, eff. 10/30/2023.