N.Y. Insurance Law § 2701: Definitions

§ 2701. Definitions. For the purpose of this article:

(a) "Holocaust victim" shall mean any person, claimant, or the

estate, heir, legatee, descendant, survivor, beneficiary, or other such

successor-in-interest of such person, who lost his or her life or

property as a result of discriminatory laws, policies, or actions

targeted against discrete groups of persons based on race, religion,

ethnicity, sexual orientation or national origin, whether or not such

person was actually a member of any of the foregoing enumerated groups

or because such person assisted or allegedly assisted any of the

foregoing groups, between January first, nineteen hundred twenty-nine

and December thirty-first, nineteen hundred forty-five in areas under

Nazi influence as defined in subsection (f) of this section.

(b) "Person", "control", "holding company", and "holding company

system" and any other term used in this article but not otherwise

defined shall have the same meaning as it has in article fifteen of this

chapter.

(c) "Insurance policy" shall mean any policy of insurance

substantially similar to any kind of insurance that was authorized at

any time in New York between and including the years nineteen hundred

twenty-nine and nineteen hundred forty-five or authorized by the

jurisdiction in which the policy was sold at the time it was sold

including but not limited to any form of life, accident and health,

annuities, property, casualty, education or dowry insurance.

(d) "Proceeds" shall mean the face or other pay-out value of an

insurance policy or annuity plus reasonable interest to date of payment

as shall be prescribed by regulations promulgated by the superintendent.

(e) "Member of a holding company system" shall include a holding

company, a controlled insurer, a controlled person, and any person who

alone or in concert with any other persons directly or indirectly

controls a holding company or controls a person who controls a holding

company.

(f) "Areas under Nazi influence" shall mean the country of Nazi

Germany, areas occupied by Nazi Germany, those European countries allied

with Nazi Germany, areas occupied by those European countries allied

with Nazi Germany, or any other neutral European country or area in

Europe under the influence or threat of Nazi invasion.