Idaho § 41-3319 CONTINUANCE OF COVERAGE

Idaho Statutes

§ 41-3319 — CONTINUANCE OF COVERAGE

Idaho § 41-3319

Title 41INSURANCE

Ch. 33INSURERS SUPERVISION, REHABILITATION AND LIQUIDATION

This text of Idaho § 41-3319 (CONTINUANCE OF COVERAGE) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 41-3319 (2026).

Text

(1)All policies, other than life or health insurance or annuities, in effect at the time of issuance of an order of liquidation shall continue in force only for the lesser of:

(a)A period of thirty (30) days from the date of entry of the liquidation orders;

(b)The expiration of the policy coverage;

(c)The date when the insured has replaced the insurance coverage with equivalent insurance in another insurer or otherwise terminated the policy; or

(d)The liquidator has effected a transfer of the policy obligation pursuant to section 41-3321 (1)(h), Idaho Code.

(2)An order or liquidation under the provisions of section 41-3318, Idaho Code, shall terminate coverages at the time specified in subsection (1) of this section for purposes of any other statute.

(3)Policies of life or health in

Free access — add to your briefcase to read the full text and ask questions with AI

(1) All policies, other than life or health insurance or annuities, in effect at the time of issuance of an order of liquidation shall continue in force only for the lesser of:
(a) A period of thirty (30) days from the date of entry of the liquidation orders;
(b) The expiration of the policy coverage;
(c) The date when the insured has replaced the insurance coverage with equivalent insurance in another insurer or otherwise terminated the policy; or
(d) The liquidator has effected a transfer of the policy obligation pursuant to section 41-3321 (1)(h), Idaho Code.
(2) An order or liquidation under the provisions of section 41-3318, Idaho Code, shall terminate coverages at the time specified in subsection (1) of this section for purposes of any other statute.
(3) Policies of life or health insurance or annuities shall continue in force for such period and under such terms as are provided for by any applicable guaranty association or foreign guaranty association.
(4) Policies of life or health insurance or annuities or any period or coverage of such policies not covered by a guaranty association or foreign guaranty association shall terminate under the provisions of subsections (1) and (2) hereof.