This part applies to protect resident policyowners and insureds under all types of direct insurance, except:

1. (1) life insurance;
2. (2) annuity;
3. (3) health insurance;
4. (4) disability insurance;
5. (5) mortgage guaranty insurance;
6. (6) financial guaranty, or other forms of insurance offering protection against investment risks;
7. (7) fidelity or surety bonds, or any other bonding obligation;
8. (8) credit insurance;
9. (9) vendor's single interest insurance;
10. (10) collateral protection insurance, or any similar insurance protecting the interests of a creditor in a creditor-debtor transaction;
11. (11) mechanical breakdown insurance, as defined in Section 31A-6a-101;
12. (12) insurance of a warranty or service contract as defined in Section 31A-6a-101;
13. (13) title insurance;
14. (14) ocean marine insurance;
15. (15) any transaction between a person and an insurer, or an affiliate of a person or insurer, that involves the transfer of investment or credit risk unaccompanied by transfer of insurance risk; or
16. (16) any insurance provided by or guaranteed by government.

Amended by Chapter 116, 2001 General Session