Current through the 2024 Fourth Special Session
Section 31A-28-202 - ScopeThis part applies to protect resident policyowners and insureds under all types of direct insurance, except:
(4) disability insurance;(5) mortgage guaranty insurance;(6) financial guaranty, or other forms of insurance offering protection against investment risks;(7) fidelity or surety bonds, or any other bonding obligation;(9) vendor's single interest insurance;(10) collateral protection insurance, or any similar insurance protecting the interests of a creditor in a creditor-debtor transaction;(11) mechanical breakdown insurance, as defined in Section 31A-6a-101;(12) insurance of a warranty or service contract as defined in Section 31A-6a-101;(14) ocean marine insurance;(15) any transaction between a person and an insurer, or an affiliate of a person or insurer, that involves the transfer of investment or credit risk unaccompanied by transfer of insurance risk; or(16) any insurance provided by or guaranteed by government.Amended by Chapter 116, 2001 General Session
Amended by Chapter 363, 2001 General Session.