As used in this part:

1. (1) "Funeral expense insurance" means that form of insurance as defined in Funeral Expense Insurance, 23 CAR pt. 91; and

2. (2) "Insurer" means any:

   1. (A) Authorized life insurer;
   2. (B) Fraternal benefit society;
   3. (C) Stipulated premium insurer; or
   4. (D) Mutual assessment life insurer.