Current as of April 06, 2022 | Updated by FindLaw Staff
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“Premium” as used in this code means all sums charged, received, or deposited as consideration for an insurance contract or the continuance thereof. “Premium” does not include a regulatory surcharge imposed by RCW 48.02.190, except as otherwise provided in this section. Any assessment, or any “membership,” “policy,” “survey,” “inspection,” “service” or similar fee or charge made by the insurer in consideration for an insurance contract is deemed part of the premium.
Cite this article: FindLaw.com - Washington Revised Code Title 48. Insurance § 48.18.170. “Premium” defined - last updated April 06, 2022 | https://codes.findlaw.com/wa/title-48-insurance/wa-rev-code-48-18-170/
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 or via Westlaw before relying on it for your legal needs.
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