Section 304.9-495 - Definitions for KRS 304.9-495 to 304.9-497For 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.Added by 2014 Ky. Acts ch. 59,§ 2, eff. 7/15/2014.