California Codes > Insurance Code > Division 2 > Part 2 > Chapter 1 > Article 1.5 – Discontinuance of Group Life Insurance and Discontinuance and Replacement of Group Disability Insurance
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Terms Used In California Codes > Insurance Code > Division 2 > Part 2 > Chapter 1 > Article 1.5 - Discontinuance of Group Life Insurance and Discontinuance and Replacement of Group Disability Insurance
- Carrier: means the insurance company, nonprofit hospital service corporation, or other entity responsible for the payment of benefits or provision of services under a policy. See California Insurance Code 10128.1
- Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Dependent: A person dependent for support upon another.
- Discontinuance: shall mean the termination of a policy or the termination of coverage between an entire employer unit under a group disability policy, group nonprofit hospital service contract or self-insured welfare benefit plan, and does not refer to the termination of any agreement between any individual member under a contract and the disability insurer, nonprofit hospital service contract or self-insured welfare benefit plan. See California Insurance Code 10128.1
- Employee: means all agents, employees, and members of unions or associations to whom benefits are provided under a policy. See California Insurance Code 10128.1
- Extension of benefits: means the continuation of coverage under a particular benefit provided under a policy following discontinuance with respect to an employee or dependent who is totally disabled on the date of discontinuance. See California Insurance Code 10128.1
- Fraud: Intentional deception resulting in injury to another.
- Policy: means any group insurance policy, group hospital service contract or other plan, contract or policy subject to the provisions of this article. See California Insurance Code 10128.1
- Premium: means the consideration payable to the carrier. See California Insurance Code 10128.1
- Replacement coverage: means the benefits provided by a succeeding carrier. See California Insurance Code 10128.1
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28