Terms Used In New Jersey Statutes 17:48-6.10

  • 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.
  • person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
As used in this act:

a. “Group policy” means a group contract or individual group certificate delivered or issued for delivery by a hospital service corporation, medical service corporation or similar corporation or organization.

b. “Insurer” means the entity issuing a group contract or an individual group certificate.

c. “Insurance” , “Insurers” and “Insured” refer to coverage under a group contract or individual group certificate on a premium-paying basis.

d. “Premium” includes any premium or other consideration payable for coverage under a group contract or individual group certificate.

e. “Medicare” means Title XVIII of the United States Social Security Act as amended or superseded.

f. “Total disability of an employee or member” exists only while the employee or member (1) is not engaged in any gainful occupation, and (2) is completely unable, due to sickness or injury or both, to engage in any and every gainful occupation for which the person is reasonably fitted by education, training, or experience.

L.1981, c. 455, s. 1.