Iowa Code 518.11 – Kinds of insurance
Current as of: 2023 | Check for updates
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1. Any association organized under this chapter is authorized to insure or to accept reinsurance against loss or damage by:
a. Any peril or perils resulting in physical loss or damage to property;
b. Theft of personal property;
c. Injury, sickness or death of animals and the furnishing of veterinary service.
Terms Used In Iowa Code 518.11
- Commissioner: means the commissioner of insurance. See Iowa Code 510.1B
- property: includes personal and real property. See Iowa Code 4.1
2. Such contracts of insurance shall be subject only to such provisions as are contained in this chapter and shall consist of:
a. An application on blanks furnished by the association and signed by the insured or the insured’s representatives;
b. A policy issued by the association in accordance with its rules, and approved by the commissioner of insurance.