Pennsylvania Code (Last Updated: April 5, 2016) |
Title 31. INSURANCE |
PART II. Automobile Insurance |
Chapter 67. Catastrophic Loss Benefits Continuation Fund |
SubChapter C. SURCHARGE DISCLOSURE PLAN |
Section 67.32. Definitions
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The following words and terms, when used in this subchapter, have the following meanings, unless the context clearly indicates otherwise:
Act75 Pa.C.S. § § 17011798 (relating to the Motor Vehicle Financial Responsibility Law).
DepartmentThe Insurance Department of the Commonwealth.
InsuredNamed insured and the following persons if residing in the household of the named insured: A spouse of the named insured, a relative of the named insured, and a minor in the custody of the named insured or the spouse or relative of the named insured.
InsurerAn insurance company, association, or exchange providing coverage on motor vehicles under the act.
Named insuredA person or entity identified by name as an insured in a policy.
PolicyAn insurance policy which provides coverage to satisfy the financial responsibility requirements of the act.
Prospective insuredA person or entity applying for insurance coverage on a motor vehicle under the act.