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A-32.1, r. 1 - Regulation under the Act respecting insurance

Section 60
Disposition versions

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60. A specified group of persons is a group whose members share common activities or interests before a group insurance plan is offered to them, including socio-economic or cultural interests.
The group may be composed of such persons as, for example,
(1)  persons currently or formerly employed by one or more employers;
(2)  persons having the same profession or usual occupation;
(3)  the members of a financial services cooperative;
(4)  the members of a mutual insurance association.
O.C. 887-2009, s. 60; O.C. 724-2016, s. 1.
60. A specified group of persons is a group whose members share common activities or interests before a group insurance plan is offered to them, including socio-economic or cultural interests.
The group may be composed of such persons as, for example,
(1)  persons currently or formerly employed by one or more employers;
(2)  persons having the same profession or usual occupation;
(3)  the members of a financial services cooperative;
(4)  the members of a mutual insurance association.
Despite the foregoing, a specified group of persons may not be constituted for the sole purpose of entering into a group insurance contract, and group insurance may be offered to the members of the group only as a benefit complementary to membership.
O.C. 887-2009, s. 60.
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