Delaware Statutes
§ 2703 — “Premium” defined
“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.
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Legislative History
18 Del. C. 1953, § 2703; 56 Del. Laws, c. 380, § 1
Nearby Sections
15
§ 2701
Scope of chapter§ 2702
“Policy” defined§ 2703
“Premium” defined§ 2710
Application as evidence§ 2713
Grounds for disapproval§ 2714
Standard provisions