Idaho Statutes

§ 41-102 — “INSURANCE” DEFINED

Idaho·Title 41 INSURANCE·Ch. 1 SCOPE OF INSURANCE CODE — GENERAL PROVISIONS
"Insurance" defined. "Insurance" is a contract whereby one undertakes to indemnify another or pay or allow a specified or ascertainable amount or benefit upon determinable risk contingencies.

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Legislative History

[41-102, added 1961, ch. 330, sec. 2, p. 645.]

Nearby Sections

15
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