Idaho Code § 41-1932

Current through the 2024 Regular Session
Section 41-1932 - PARTICIPATING AND NONPARTICIPATING POLICIES - RIGHT TO ISSUE

A life insurer may issue policies on either the participating basis or the nonparticipating basis, or on both bases, if the right or absence of right of participation is reasonably related to the premium charged and the insurer is otherwise not in violation of sections 41-1313 (unfair discrimination-life insurance, annuities, and disability insurance) or 41-1314 (rebates, illegal inducements).

Idaho Code § 41-1932

[41-1932, added 1961, ch. 330, sec. 463, p. 645.]