Insurance Business (Authorized Foreign Banks) Regulations — 1
 held in stock for display and sale purposes by a debtor of the authorized foreign bank, some or all of which have been financed by the authorized foreign bank; ( assurance crédit 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 due to a non-payment for exported goods or services. ( assurance crédit des exportateurs ) group insurance policy , in respect of an authorized foreign bank, means a contract of insurance between an insurance company and the authorized foreign bank 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 an 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 an authorized foreign bank to lend to a debtor, without a predetermined repayment schedule, one or more amounts, 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 ) mortgage insurance , in respect of an authorized foreign bank, means an insurance policy that provides insurance to the authorized foreign bank against loss caused by a default on the part of a debtor who is a natural person under a loan from the authorized foreign bank that is secured by a mortgage on real property or on an interest in real property. ( assurance hypothèque ) personal accident insurance means a group insurance policy that provides insurance to a natural person (a) whereby the insurance company undertakes to pay 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) whereby the insurance company undertakes to pay 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 any 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 insurance 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 the disability of the person that occurs on the trip, (ii) against expenses incurred while on the trip that result from bodily injury to, or the death of, the person caused by an accident 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 the disability of the person that occurs on the trip, or of bodily injury to, or the death of, the person that is caused by an accident while on the trip, (iv) against expenses incurred by the person for dental care necessitated by an accident 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 for travel expenses incurred by a relative o