Contract of insurance

Contract of insurance means the agreement evidenced by the issuance of a Mortgage Insurance Certificate or by the endorsement of the Commissioner upon the credit instrument given in connection with an insured mortgage, incorporating by reference the regulations in subpart C of this part and the applicable provisions of the National Housing Act.

Source

24 CFR § 206.3

---

Scoping language

As used in this part, the following terms shall have the meaning indicated.

---

Is this correct? or