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Current as of January 01, 2024 | Updated by Findlaw Staff
An insurance policy is the written insurance contract. It must specify:
1. The parties between whom the contract is made.
2. The rate of premium.
3. The property or life insured.
4. The interest of the insured in the property insured if the insured is not the absolute owner of the property.
5. The risks insured against.
6. The period during which the insurance is to continue.
Cite this article: FindLaw.com - North Dakota Century Code Title 26.1. Insurance § 26.1-30-01. Insurance policy defined--Requirements - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-26-1-insurance/nd-cent-code-sect-26-1-30-01/
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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