Credit Information (Insurance Companies) Regulations — 2
it pour stocks de véhicules ) export credit insurance means a policy of an insurance company that provides insurance to an exporter of goods or services against a loss incurred by the exporter as a result of non-payment for exported goods or services; ( assurance crédit des exportateurs ) group policy means a policy of an insurance company that provides insurance severally in respect of a group of identifiable persons who individually hold certificates of insurance; ( police d’assurance collective ) insurance company means a company or foreign company or any other entity that is approved, registered or otherwise authorized to insure risks under an Act of Parliament or of the legislature of a province; ( société d’assurances ) line of credit means a commitment on the part of a company or foreign company to lend one or more amounts to a debtor, without a predetermined repayment schedule, where the aggregate amount outstanding does not exceed a predetermined credit limit, which limit does not exceed the reasonable credit needs of the debtor; ( marge de crédit ) loan company means a body corporate to which the Trust and Loan Companies Act applies or a loan or trust corporation incorporated by or under an Act of the legislature of a province; ( société de prêt ) mortgage insurance , in respect of a company or foreign company, means a policy that provides insurance to the company or foreign company, or to a loan company or bank that is an affiliate of the company or foreign company, against loss caused by a default on the part of a debtor who is a natural person under a loan from the company, foreign company, loan company or bank that is secured by real property or by an interest in real property; ( assurance hypothèque ) personal accident insurance means a group policy that provides insurance to a natural person whereby an insurance company undertakes to pay (a) one or more sums of money in the event of bodily injury to, or the death of, the person that is caused by an accident, or (b) a certain sum for each day that the person is hospitalized in the event of bodily injury to the person that is caused by an accident or in the event of an illness or disability of the person; ( assurance accidents corporels ) small business means a business that is or, if it were incorporated, would be a small business corporation within the meaning of subsection 248(1) of the Income Tax Act ; ( petite entreprise ) travel insurance means (a) a policy of an insurance company that provides insurance to a natural person in respect of a trip by the person away from the place where the person ordinarily resides, without an individual assessment of risk, against (i) loss that results from the cancellation or interruption of the trip, (ii) loss of, or damage to, personal property that occurs while on the trip, or (iii) loss that is caused by the delayed arrival of personal baggage while on the trip, or (b) a group policy that provides insurance to a natural person in respect of a trip by the person away from the province in which the person ordinarily resides (i) against expenses incurred while on the trip that result from an illness or disability of the person that occurs while on the trip, (ii) against expenses incurred while on the trip that result from bodily injury to, or the death of, the person that is caused by an accident that occurs while on the trip, (iii) whereby the insurance company undertakes to pay one or more sums of money in the event of an illness or disability of the person that occurs while on the trip or in the event of bodily injury to, or the death of, the person that is caused by an accident that occurs while on the trip, (iv) against expenses incurred by the person for dental care necessitated by an accident that occurs while on the trip, or (v) in the event that the person dies while on the trip, against expenses incurred for the return of that person’s remains to the place where the person was ordinarily resident before death or