Arkansas Code § 23-79-101 - Definitions

As used in this section and ยงยง 23-79-102 -- 23-79-128, 23-79-131 -- 23-79-134, and 23-79-202 -- 23-79-210:

(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 made a part thereof; and

(2) "Premium" is the consideration for insurance, by whatever name called. Any assessment, or any membership, policy, survey, inspection, service, or similar fee or charge in consideration for a policy is deemed part of the premium.

Section: 23-79-102  23-79-103  23-79-104  23-79-105  23-79-106  23-79-107  23-79-108  23-79-109  23-79-110  23-79-111  23-79-112  23-79-113  23-79-114  23-79-115  Next

Last modified: November 15, 2016