Del. Code tit. 18 § 2703

Current through 2024 Legislative Session Act Chapter 258

Section 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.

18 Del. C. § 2703

18 Del. C. 1953, § 2703; 56 Del. Laws, c. 380, § 1.;