North Dakota Administrative Code › Title 45 - Insurance, Commissioner of › Article 45-13 - Lines of Insurance › Chapter 45-13-01 - Lines of Insurance › Section 45-13-01-02 - Product types - Definition

Current through Supplement No. 393, July, 2024
Each line of insurance is defined to include the following
				  products:
1. Life and annuity
				includes:
Annuity/institutional investment
Equity/interest indexed annuity
Credit life
Equity/interest indexed universal life
Deferred annuity
Structured settlement annuity
Endowment
Term life
Guaranteed investment
Universal life
contract/pension plan
Whole life
Immediate annuity
and similar products relating to life and annuity
				  matters.
2. Accident and
				health includes:
Accident
Hospital indemnity
Accidental death
Hospital and surgical
Accidental death and dismemberment
Intensive care
Cancer
Involuntary unemployment
Civilian health and medical program
Long-term care
of the uniformed services
Major medical
supplement
Managed care/excess loss
Credit disability
Medical expense
Critical illness
Medicare supplement
Dental
Nursing home
Disability income
Organ and tissue transplant
Excess loss
Prescription drug
Family leave
Specified disease
Human immunodeficiency virus
Sickness
indemnity
Stop-loss medical
Home health care
Surgical expense
Vision
and similar products relating to accident and health
				  matters.
3. Property
				includes:
Aircraft cargo
Earthquake
Aircraft hull
Extended coverages
Allied lines
Fire
Auto commercial physical damage
Fire and allied lines
Auto private passenger physical damage
Flood
Baggage
Force placed
Boiler and machinery
Glass
Burglary and robbery
Lenders collateral
Business income
Livestock
Cargo
Money and securities
Commercial inland marine
Marine cargo
Commercial multi-peril
Marine hull
Commercial property
Mortgage guarantee
Credit
Multi-peril crop
Credit card
Ocean marine
Credit property
Personal floater
Crime
Personal inland marine
Crop
Pet
Crop hail
Rain
Crop supplements
Theft
Difference in conditions
Vandalism
Dwelling
Vendors single interest
and similar products relating to property matters.
4. Casualty includes:
Aircraft liability
Medical malpractice
Asbestos abatement
Mechanical breakdown
Auto commercial liability
Personal excess liability
Auto private passenger liability
Personal umbrella liability
Auto warranty contract
Personal liability
Bail bonds
Pollution liability
Bonds
Premises and operations
Commercial excess liability
Prepaid legal service
Commercial general liability
Product liability
Commercial umbrella liability
Product recall
Contractual liability
Products and completed operations
Directors and officers
Professional liability
Design professional
Owners and contractors
Employers liability
Railroad protective
Environmental impairment
Ransom and extortion
Errors and omissions
Stop gap
Fidelity bonds
Stop-loss liability
Fidelity insurance
Surety
Home warranty
Title
Legal expense
Vehicle service contracts
Legal malpractice
Workers' compensation
Liquor and dram shop liability
and similar products relating to casualty matters.
5. Variable life and annuity
				includes:
Variable deferred annuity Variable immediate annuity Variable
				  group annuity/pension plan Variable life
and similar products relating to variable life and annuity
				  matters.
General Authority:
NDCC 28-32-02
Law Implemented:
NDCC 26.1-05-02.1