Washington Administrative Code › Title 284 - Insurance Commissioner, Office of the › Chapter 284-17 - Licensing requirements and procedures › Section 284-17-001 - Definitions

Current through Register Vol. 24-14, July 15, 2024
For purposes of this chapter, unless the context requires
				otherwise:
(1) "Affiliation" is a type
			 of appointment whereby a business entity authorizes an individual insurance
			 producer or surplus line broker to represent it when conducting insurance
			 business.
(2) "Business entity" has
			 the meaning set forth in
			 RCW
			  48.17.010(2) and includes a
			 sole proprietorship having associated licensees authorized to act on its behalf
			 in the business or trade name of the sole proprietorship.
(3) "Days" means calendar days including
			 Saturday and Sunday and holidays, unless otherwise specified.
(4) "Electronic submission" or "submitted
			 electronically" means submission of a licensing process by an applicant,
			 licensee, insurer, or education provider by means of the commissioner's website
			 or a third-party licensing provider or other state agency.
(5) "File" means a record in any retrievable
			 format, and unless otherwise specified, includes paper and electronic
			 formats.
(6) "Home state" has the
			 meaning set forth in
			 RCW
			  48.17.010(4).
(7) "Independent testing service" means the
			 entity having a contract with the commissioner to develop, administer, and
			 score insurance examinations.
(8)
			 "Insurer" has the meaning set forth in
			 RCW
			  48.17.010(7).
(9) "Licensee" means a person licensed by the
			 commissioner under Title 48 RCW to sell, solicit or negotiate insurance and
			 includes adjusters and surplus line brokers.
(10) "Line of authority" means a license
			 issued in one or more lines of insurance listed in
			 RCW
			  48.17.170.
(11) "NAIC" means the National Association of
			 Insurance Commissioners.
(12)
			 "Third-party licensing provider" is designated on the commissioner's website
			 at:
www.insurance.wa.gov
.
(13) "Reinstatement" means the reissuance by
			 the commissioner of a license that was not renewed more than 60 days but fewer
			 than 12 months after its expiration date.
(14) "Resident" means a person who has
			 elected to make Washington his or her home state, or, in the case of a business
			 entity, has a place of business in this state.
(15) "Sending written notice" or "sending a
			 copy of the written notice" means transmitting the required information in
			 writing and, where required, on forms designated by the commissioner for that
			 purpose, via first class mail, commercial parcel delivery company,
			 telefacsimile, or electronic transmission, unless a specific method of
			 transmission is specified.
(16)
			 "Specialty producer license-Portable electronics" means a license issued under
			 RCW
			  48.120.010 that authorizes a vendor to offer
			 or sell insurance as provided in
			 RCW
			  48.120.015.
(17) "Surety" means that limited line of
			 authority of insurance or bond that covers obligations to pay the debts of, or
			 answer for the default of another, including faithlessness in a position of
			 public or private trust.
(18)
			 "Travel insurance" means insurance coverage for personal risks incident to
			 planned travel including, but not limited to:
(a) Interruption or cancellation of trip or
			 event;
(b) Loss of baggage or
			 personal effects;
(c) Damages to
			 accommodations or rental vehicles; or
(d) Sickness, accident, disability, or death
			 occurring during limited duration travel.
Travel insurance does not include major medical plans, which
				provide comprehensive medical protection for travelers with trips lasting six
				months or longer, including those working overseas as an expatriate or military
				personnel being deployed.