§ 48.18.170. "Premium" defined
"Premium" as used in this code means all sums charged, received, or deposited as consideration for an insurance contract or the continuance thereof. "Premium" does not include a regulatory surcharge imposed by RCW 48.02.190, except as otherwise provided in this section. Any assessment, or any "membership," "policy," "survey," "inspection," "service" or similar fee or charge made by the insurer in consideration for an insurance contract is deemed part of the premium.
[2007 c 153 § 1; 1947 c 79 § .18.17; Rem. Supp. 1947 § 45.18.17.]
Sections: Previous 48.18.110 48.18.120 48.18.125 48.18.130 48.18.140 48.18.150 48.18.160 48.18.170 48.18.180 48.18.190 48.18.200 48.18.210 48.18.220 48.18.230 48.18.240 NextLast modified: April 7, 2009