Idaho Code 41-1082 – Definitions
Current as of: 2023 | Check for updates
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(1) "Customer" means a person who purchases portable electronics or services.
Terms Used In Idaho Code 41-1082
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- person: includes a corporation as well as a natural person;
Idaho Code 73-114State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
(2) "Enrolled Customer" means a customer who purchases coverage under a portable electronics insurance policy issued to a vendor of portable electronics, which vendor would be the insured under a master or group policy.
(3) "Location" means any physical location in the state of Idaho or any website, call center site or similar location directed to residents of the state of Idaho.
(4) "Portable electronics" means electronic devices that are portable in nature and includes accessories and any services related to the use of such device.
(5) (a) "Portable electronics insurance" means insurance providing coverage for the repair or replacement of portable electronics against any one (1) or more of the following causes of loss: loss of the portable electronic device, theft, inoperability due to mechanical failure, malfunction, damage or other similar causes of loss;
(b) "Portable electronics insurance" does not include:
(i) A service contract as defined in section 41-114A, Idaho Code;
(ii) A policy of insurance covering a seller’s or a manufacturer’s obligations under a warranty; or
(iii) A homeowner’s, renter’s, private passenger automobile, commercial multi-peril or similar insurance policy.
(6) "Portable electronics transaction" means:
(a) The sale or lease of portable electronics by a vendor to a customer; or
(b) The sale of a service related to the use of portable electronics by a vendor to a customer.
(7) "Supervising entity" means a business entity that is a licensed insurer or insurance producer that is authorized by an insurer to supervise the administration of a portable electronics insurance program.
(8) "Vendor" means a person in the business of engaging in portable electronics transactions directly or indirectly.