§ 3201 Approval of life, accident and health, credit unemployment, and annuity policy forms
§ 3202 Withdrawal of approval of policy forms
§ 3203 Individual life insurance policies; standard provisions as to contractual rights and responsibilities of policyholders and insurers
§ 3204 Policy to contain entire contract; statements of applicant to be representations and not warranties; alterations
§ 3205 Insurable interest in the person; consent required; exceptions
§ 3206 Policies which provide for an adjustable maximum rate of interest on policy loans
§ 3207 Life insurance contracts by or for the benefit of minors; on the lives of minors, limitations on amount
§ 3208 Antedating of life insurance policies and burial agreements prohibited
§ 3209 Life insurance, annuities and funding agreements disclosure requirements
§ 3210 Incontestability after reinstatement
§ 3211 Notice of premium due under life or disability insurance policy; notice to assignees of non-payment of premium
§ 3212 Exemption of proceeds and avails of certain insurance and annuity contracts
§ 3213 Payment of proceeds
§ 3214 Interest upon proceeds of life insurance policies and annuity contracts
§ 3215 Disability benefits in connection with life insurance and annuities
§ 3216 Individual accident and health insurance policy provisions
§ 3216 Individual accident and health insurance policy provisions
§ 3217 Minimum standards in the form, content and sale of accident and health insurance; policies and subscriber contracts
§ 3217-A Disclosure of information
§ 3217-B Prohibitions
§ 3217-C Primary and preventive obstetric and gynecologic care
§ 3217-D Grievance procedure and access to specialty care
§ 3217-E Choice of health care provider
§ 3217-F Prohibition on lifetime and annual limits
§ 3217-G Maternal depression screenings
§ 3217-H Telehealth delivery of services
§ 3217-H Telehealth delivery of services
§ 3217-I Essential health benefits package and limit on cost-sharing
§ 3217-J Coverage for medically fragile children
§ 3217-J Utilization review determinations for medically fragile children
§ 3218 Medicare supplemental insurance policies
§ 3219 Annuity and pure endowment contracts and certain group annuity certificates; standard provisions as to contractual rights and responsibilities of contract holders, certificate holders and insurers
§ 3220 Group life insurance policies; standard provisions
§ 3221 Group or blanket accident and health insurance policies; standard provisions
§ 3221 Group or blanket accident and health insurance policies; standard provisions
§ 3222 Funding agreements
§ 3223 Group annuity contracts; standard provisions as to contractual rights and responsibilities of contract holders, certificate holders and annuitants, and insurers
§ 3224 Standard claim forms; accident and health insurance
§ 3224-A Standards for prompt, fair and equitable settlement of claims for health care and payments for health care services
§ 3224-B Rules relating to the processing of health claims and overpayments to physicians
§ 3224-C Coordination of benefits
§ 3224-D Prescription synchronization
§ 3225 Eligibility for health insurance in cases of exposure to DES
§ 3226 Reinsurance contracts excepted
§ 3227 Interest upon surrenders, policy loans and other funds
§ 3228 Individual accident and health insurance policies; premium refund at death of insured
§ 3229 Minimum benefit standards for certain long term care plans
§ 3230 Accelerated payment of the death benefit or special surrender value under a life insurance policy
§ 3231 Rating of individual and small group health insurance policies; approval of superintendent
§ 3231 Health insurance policies and subscriber contracts; prohibited claims
§ 3232 Pre-existing condition provisions in health policies
§ 3232-A Certification of creditable coverage
§ 3233 Stabilization of health insurance markets and premium rates
§ 3234 Pre-existing condition provisions in group and blanket disability policies
§ 3234 Limitations on administrative services and stop-loss coverage
§ 3235 Explanation of benefits forms relating to claims under medicare supplemental insurance policies and limited benefits health insurance policies or certificates designed primarily to supplement medicare benefits
§ 3236 Public health law assessments
§ 3237 Health insurance coverage for full-time students on medical leaves of absence
§ 3238 Pre-authorization of health care services
§ 3239 Wellness programs
§ 3240 Unclaimed benefits
§ 3240 Student accident and health insurance
§ 3241 Network coverage
§ 3242 Prescription drug coverage
§ 3243 Discrimination because of sex or marital status in hospital, surgical or medical expense insurance
§ 3244 Explanation of benefits forms relating to claims under certain accident and health insurance policies
§ 3245 Liability to providers in the event of an insolvency

Terms Used In New York Laws > Insurance > Article 32 - Insurance Contracts - Life, Accident and Health, Annuities

  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Chambers: A judge's office.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Decedent: A deceased person.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Dependent: A person dependent for support upon another.
  • Donor: The person who makes a gift.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Ex officio: Literally, by virtue of one's office.
  • Executor: A male person named in a will to carry out the decedent
  • Fraud: Intentional deception resulting in injury to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Irrevocable trust: A trust arrangement that cannot be revoked, rescinded, or repealed by the grantor.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Minority leader: See Floor Leaders
  • Oath: A promise to tell the truth.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Personal property: All property that is not real property.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trustee: A person or institution holding and administering property in trust.
  • Usury: Charging an illegally high interest rate on a loan. Source: OCC
  • Verdict: The decision of a petit jury or a judge.