When used in this section and § 58-33-13.1:

(1) “Contract” means any insurance policy, plan, or binder, including any rider or endorsement thereto offered by an insurer;

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(2) “Insurer” means any insurance company, association, reciprocal or inter–insurance exchange, nonprofit hospital plan, nonprofit professional health service plan, health maintenance organization, fraternal benefit society, or beneficial association.

Source: SL 1979, ch 341, §§ 17, 18.