2005 Idaho Code - 41-1315A — DISCOUNTS TO EMPLOYEES

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 13
                          TRADE PRACTICES AND FRAUDS
    41-1315A.  DISCOUNTS TO EMPLOYEES. No provision of title 41, Idaho Code,
shall be deemed to prohibit allowance by an insurer, agent, or broker to the
insurer's or licensee's bona fide full-time salaried employee of a discount
from the premium otherwise payable for insurance on the employee's life or
health or those of his dependents, or on the employee's property or risks
other than property or risks used or involved in business operations of the
employee other than as an employee of the insurer, agent, or broker. The
amount of discount shall in no event exceed the amount of agent's commission
which the employer insurer may otherwise pay, or the amount of commission to
be received by the employer agent or broker, with respect to the insurance.

Disclaimer: These codes may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.