Section 10270.1 Of Article 1. Scope Of Chapter And Definitions From California Insurance Code >> Division 2. >> Part 2. >> Chapter 4. >> Article 1.
10270.1
. (a) As used in this section:
(1) "Institution" means any school, college or other institution
of learning or the principal or head thereof.
"Camp" means one or more tents, vehicles, buildings or structures
together with the tract of land appertaining thereto, established or
maintained as living quarters for temporary occupancy by 10 or more
people, and shall include the principal or head thereof.
(2) "Student" means any student or pupil or his parent, guardian
or other person who pays or becomes obligated to pay the tuition or
fee required for registration or attendance at the institution.
"Camper" means any person or his parent, guardian or other person
who pays or becomes obligated to pay the tuition or fee required for
registration or attendance at the camp.
(3) "Tuition refund insurance" means any policy which, because of
a student's or camper's absence from, or inability to register at or
attend, an institution or camp, as the case may be, provides for the
indemnification of the student or camper for his loss of tuition or
fee, or if he has been previously indemnified therefor by the
institution or camp, for its reimbursement.
(b) Except to the extent provided herein, the other sections of
this chapter shall not apply to tuition refund insurance providing
coverage for ten (10) or more students or campers.
(c) No policy of tuition refund insurance shall be delivered or
issued for delivery to any person in this State unless approved as to
substance and form by the commissioner. The commissioner may, after
notice and hearing, promulgate such reasonable rules and regulations,
relating to the substance, form and issuance of such policies, as
are necessary or desirable to preserve, insofar as applicable,
standards as respects substance, form and issuance comparable to the
standards in such respects prescribed by this chapter and applicable
to disability policies, and to further the purpose or purposes for
which such policies are to be issued.
(d) Tuition refund insurance may be issued only to an institution
or camp which does not have a similar policy in effect, but its cost
may be borne by the student or camper, as the case may be, in which
event he may, upon request, obtain from the insurer a copy of the
policy.