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Current as of January 01, 2024 | Updated by Findlaw Staff
“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.
Cite this article: FindLaw.com - Idaho Statutes Title 41. Insurance § 41-1803. “Premium” defined - last updated January 01, 2024 | https://codes.findlaw.com/id/title-41-insurance/id-st-sect-41-1803/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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