33-15-101. Scope. Parts 1 through 5 do not apply as to: (1) reinsurance; (2) policies or contracts not issued for delivery in this state or delivered in this state; (3) ocean marine and foreign trade insurances; (4) title insurance, except as to the following provisions: 33-15-102, 33-15-103, 33-15-303, 33-15-305, 33-15-306, 33-15-307, 33-15-316, and 33-15-411. History: En. Sec. 258, Ch. 286, L. […]
33-15-102. Definitions. (1) “Policy” means the written contract of or written agreement for or effecting insurance, by whatever name called, and includes all clauses, riders, endorsements, and papers attached thereto and a part thereof. (2) ”Premium” is the consideration for insurance, by whatever name called. Any assessment or membership, policy, survey, inspection, service, or similar fee or […]
33-15-103. Power to contract — purchase of insurance by minors. (1) Any person of competent legal capacity may contract for insurance. (2) Any minor 15 years of age or older, as determined by the nearest birthday, may contract for annuities and for insurance upon the minor’s own life, body, health, property, liabilities, or other interests or on the person […]
