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304.9-495 Definitions for KRS 304.9-495 to 304.9-497.
For the purposes of KRS 304.9-495 to 304.9-497:
(1) "Limited lines self-service storage space insurance producer" means a:
(a) Licensed managing general agent, which has the same meaning as "managing
general agent" in KRS 304.9-085(1);
(b) Licensed agent, which as the same meaning as "agent" in KRS 304.9-020; or
(c) Limited lines self-service storage space insurance agent licensed pursuant to
KRS 304.9-230;
designated by the insurer as the self-service storage space insurance
supervising entity;
(2) "Occupant" has the same meaning as in KRS 359.200;
(3) "Offering and disseminating" means providing general information relating to the
self-service storage space insurance offered, including a description of the coverage
and price, receiving applications and premiums, and performing other activities
permitted by the department which do not require a license;
(4) "Operator" has the same meaning as in KRS 359.200;
(5) "Personal property" has the same meaning as in KRS 359.200;
(6) "Self-service storage facility" has the same meaning as in KRS 359.200; and
(7) "Self-service storage space insurance" means insurance that provides primary
coverage to an occupant of a self-service storage facility space for the loss of or
damage to tangible personal property that is contained in a self-service storage
space, but does not include a homeowner's policy, renter's insurance policy, a
private passenger motor vehicle insurance policy, or an insurance policy that
provides coverage similar to the insurance provided by this subsection.
Effective: July 15, 2014
History: Created 2014 Ky. Acts ch. 59, sec. 2, effective July 15, 2014.
Legislative Research Commission Note (71/1514). In codification, the Reviser of
Statutes has altered the numbering within this statute from the way it appeared in
2014 Ky. Acts ch. 59, sec. 2, under the authority of KRS 7.136(1)(c).
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