41-2001 Scope of Chapter — Short Title
41-2002 Group Contracts Must Meet Group Requirements
41-2003 Employee Groups
41-2004 Labor Union Groups
41-2005 Debtor Groups
41-2006 Public Employee Groups
41-2007 Trustee Groups
41-2008 Credit Union Groups
41-2009 Dependents’ Coverage
41-2010 Provisions Required in Group Contracts
41-2011 Grace Period
41-2012 Incontestability
41-2013 Application — Statements Deemed Representations
41-2014 Insurability
41-2015 Misstatement of Age
41-2016 Payment of Benefits
41-2017 Certificate
41-2018 Conversion On Termination of Eligibility
41-2019 Conversion On Termination of Policy
41-2020 Death Pending Conversion
41-2021 Notice as to Conversion Right
41-2022 Readjustment of Premium
41-2023 Application of Dividends — Rate Reductions
41-2024 “Employee Life Insurance” Defined
41-2025 Assignment of Incidents of Ownership in Group Life Insurance Policies, Including Conversion Privileges
41-2026 Policy Standards — Replacement Contracts

Terms Used In Idaho Code > Title 41 > Chapter 20 - Group Life Insurance

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Dependent: A person dependent for support upon another.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: includes a corporation as well as a natural person;
Idaho Code 73-114
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
  • Trustee: A person or institution holding and administering property in trust.