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2020 Delaware Code
Title 18 - Insurance Code
Chapter 27. The Insurance Contract
Subchapter I. Insurance Contracts Generally
§ 2703 “Premium” defined.
Universal Citation: 18 DE Code § 2703. (2020)
§ 2703. “Premium” defined.
“Premium” is the consideration for insurance by whatever name called. Any “assessment,” or any “membership,” “policy,” “survey,” “inspection,” “service” or similar fee or other charge in consideration for an insurance contract is deemed part of the premium.
18 Del. C. 1953, § 2703; 56 Del. Laws, c. 380, § 1;
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