2005 Idaho Code - 41-1823 — BINDERS

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 18
                            THE INSURANCE CONTRACT
    41-1823.  BINDERS. (1) Binders or other contracts for temporary insurance
may be made orally or in writing, and shall be deemed to include all the usual
terms of the policy as to which the binder was given together with such
applicable endorsements as are designated in the binder, except as superseded
by the clear and express terms of the binder.
    (2)  No binder shall be valid beyond the issuance of the policy with
respect to which it was given, or beyond ninety (90) days from its effective
date, whichever period is the shorter.
    (3)  If the policy has not been issued a binder may be extended or renewed
beyond such ninety (90) days with the written approval of the director, or in
accordance with such rules and regulations relative thereto as the director
may promulgate.
    (4)  This section shall not apply to life or disability insurances.