§ 4214 — Industrial accident and industrial health insurance

§ 4214. Industrial accident and industrial health insurance. (a) In\nthis chapter:\n (1) "Industrial accident insurance" means that form of accident\ninsurance wherein the premium is payable in the manner prescribed in\nsubsection (a) of section four thousand two hundred thirteen of this\narticle, covering such risks as death, dismemberment, loss of eyesight,\nor loss of time, as a result of accidental means.\n (2) "Industrial health insurance" means that form of health insurance\nwherein the premium is payable in the manner prescribed in subsection\n(a) of section four thousand two hundred thirteen of this article,\ncovering such risk as loss of time caused by illness or sickness.\n (b) Notwithstanding the foregoing provisions, on and after June first,\nnineteen hundred eighty, no policy designated or sold as an industrial\naccident insurance or industrial health insurance policy shall be\ndelivered or issued for delivery in this state; provided, however, that\nthis prohibition shall not prevent the delivery or issuance for delivery\nof a policy approved by the superintendent where the premium is payable\nweekly or monthly and such policy is approvable under other provisions\nof this chapter.\n