Idaho Code 41-1801 – Scope of Chapter
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This chapter applies as to all insurance contracts and annuity contracts, other than:
(1) Reinsurance.
Terms Used In Idaho Code 41-1801
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- State: 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) Policies or contracts not issued for delivery in this state nor delivered in this state.
(3) Wet marine and transportation insurance.
Provided, however, that the above stated exceptions shall not apply to section 41-1839.