PART IV FIRE INSURANCE
Definitions, Part V
171 (1) In this Part, “application” means an application for insurance or for the reinstatement of insurance; (“proposition”) “beneficiary” means a person, other than the insured or the insured’s personal representative, to whom or for whose benefit insurance money is made payable in a contract or by a declaration; (“bénéficiaire”) “blanket insurance” means group insurance that covers loss, (a)  arising from specific hazards incidental to or defined by reference to a particular activity or activities, and (b)  occurring during a limited or specified period not exceeding 30 days in duration; (“assurance globale”) “contract” means a contract of life insurance; (“contrat”) “court” means the Superior Court of Justice or a judge thereof; (“tribunal”) “creditor’s group insurance” means insurance effected by a creditor whereby the lives of a number of the creditor’s debtors are insured severally under a single contract; (“assurance collective de créancier”) “debtor insured” means a debtor whose life is insured under a contract of creditor’s group insurance; (“débiteur assuré”) “declaration”, except in sections 207 to 210, means an instrument signed by the insured, (a)  with respect to which an endorsement is made on the policy, (b)  that identifies the contract, or (c)  that describes the insurance or insurance fund or a part thereof, in which the insured, (d)  designates, or alters or revokes the designation of, the insured, the insured’s personal representative or a beneficiary as one to whom or for whose benefit insurance money is to be payable, or (e)  makes, alters or revokes an appointment under subsection 193 (1) or a nomination referred to in section 199; (“déclaration”) “exempt policy” has the same meaning as in the Income Tax Regulations (Canada); (“police exonérée”) “family insurance” means insurance whereby the lives of the insured and one or more persons related to the insured by blood, marriage, conjugal relationship outside marriage or adoption are insured under a single contract between an insurer and the insured; (“assurance familiale”) “group insurance” means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”) “group life insured” means a person (the “primary person”) whose life is insured under a contract of group insurance but does not include a person whose life is insured under the contract as a person dependent upon, or related to, the primary person; (“personne assurée par une assurance-vie collective”) “instrument” includes a will; (“acte”) “insurance” means life insurance; (“assurance”) “insured”, (a)  in the case of group insurance, means, in the provisions of this Part relating to the designation of beneficiaries or personal representatives as recipients of insurance money and their rights and status, the group life insured, and (b)  in all other cases, means the person who makes a contract with an insurer; (“assuré”) “side account” means an account associated with or part of a contract of life insurance that is intended to hold funds in excess of the maximum amount permitted to be held in an exempt policy; (“compte auxiliaire”) “will” includes a codicil. (“testament”) R.S.O. 1990, c. I.8, s. 171; 2006, c. 19, Sched. C, s. 1 (1); 2012, c. 8, Sched. 23, s. 6 (1-7); 2020, c. 36, Sched. 22, s. 4. Annuity deemed life insurance (2) For the purposes of this Part, an undertaking entered into by an insurer to provide an annuity, or what would be an annuity except that the periodic payments may be unequal in amount, shall be deemed to be and always to have been life insurance whether the annuity is for, (a)  a term certain; (a.1)  a term dependent either solely or partly on a human life; or (b)  a term dependent solely or partly on the happening of an event not related to a human life.  2002, c. 18, Sched. H, s. 4 (22); 2012, c. 8, Sched. 23, s. 6 (8). Section Amendments with date in force (d/m/y) 2002, c. 18, Sched. H, s. 4 (22) - 30/04/2007 2006, c. 19, Sched. C, s. 1 (1) - 22/06/2006 2012, c. 8, Sched. 23, s. 6 (1-8) - 01/07/2016 2020, c. 36, Sched. 22, s. 4 - 15/03/2021 Application of Part