72C.04 DEFINITIONS.
Subdivision 1.
Scope. For purposes of sections
72C.01 to
72C.13, the following terms
shall have the meanings given them.
Subd. 2.
Commissioner. "Commissioner" means the commissioner of commerce or a
designated agent.
Subd. 3.
Flesch scale analysis readability score. "Flesch scale analysis readability score"
means a measurement of the ease of readability of a policy or contract made pursuant to the
procedures prescribed in section
72C.09.
Subd. 4.
Insurance policy or contract; policy. "Insurance policy or contract" or "policy"
means any written agreement within the scope of sections
72C.01 to
72C.13 whereby one person,
for consideration, undertakes to indemnify another person or persons to a specified amount
against loss or damages from specified causes, or to do some act of value to the insured in case
of specified loss or damage. The agreements specifically include a nonprofit health service plan
subscriber contract under chapter 62C, a health maintenance contract under chapter 62D, and a
membership certificate in a fraternal benefit society under chapter 64B.
Subd. 5.
Insurer. "Insurer" means every person entering insurance policies or contracts
as a principal.
Subd. 6.
Legible type. "Legible type" means a type face at least as large as ten point modern
type, one point leaded.
Subd. 7.
Person. "Person" means any individual, corporation, partnership, association,
business trust or voluntary organization.
History: 1977 c 345 s 4; 1983 c 289 s 114 subd 1; 1984 c 655 art 1 s 92; 1985 c 49 s 41;
1986 c 444; 1992 c 564 art 1 s 54; 1995 c 186 s 19