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2018 Idaho Statutes
Title 41 - INSURANCE
Chapter 18 - THE INSURANCE CONTRACT
Section 41-1803 - “PREMIUM” DEFINED.
Universal Citation: ID Code § 41-1803 (2018)
41-1803. "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; provided that producer fees charged pursuant to section 41-1030, Idaho Code, shall not be considered a premium unless the fee relates to a surplus line policy.
History:
[41-1803, added 1961, ch. 330, sec. 395, p. 645; am. 2001, ch. 154, sec. 2, p. 558; am. 2002, ch. 359, sec. 2, p. 1018.]
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