Wyoming Statutes

§ 26-39-102 — Definitions

Wyoming·Title 26 Insurance Code·Ch. 39 CLOSED BLOCKS OF BUSINESS
(a)As used in this act:
(i)"Block of business" means all those individual, group or blanket disability insurance contracts issued by an insurance company under a particular policy form approved by the Wyoming insurance department;
(ii)"Closed block of business" means a block of business where an insurer ceases to market or sell in Wyoming any new individual, group or blanket disability insurance contracts under a particular policy form and no new contracts are being added to the block;
(iii)"Policy form" means a representative insurance contract which has been filed by an insurer for approval by the Wyoming insurance department pursuant to W.S. 26-15-110 so that other contracts with identical language to that of the policy form may be marketed and sold in Wyoming;
(iv)"This act" means

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§ 26-39-101
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§ 26-39-102
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