# Idaho Code § 41-502: 41-502 “LIFE INSURANCE” DEFINED

> Idaho · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-502

## Section

- **Citation:** Idaho Code § 41-502
- **Heading:** 41-502 “LIFE INSURANCE” DEFINED
- **Jurisdiction:** Idaho
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Idaho Code / Title 41 / Chapter 5 / Section 41-502

## Text

41-502. "Life insurance" defined. "Life insurance" is insurance on human lives. The transaction of life insurance includes also the granting of endowment benefits, additional benefits in event of death or dismemberment by accident or accidental means, additional benefits in event of the insured's disability, and optional modes of settlement of proceeds of life insurance. Life insurance does not include workmen's compensation coverages.

History:

[41-502, added 1961, ch. 330, sec. 111, p. 645.]

## Nearby sections

- [Idaho Code § 41-501 41-501 DEFINITIONS NOT MUTUALLY EXCLUSIVE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-501.md)
- [Idaho Code § 41-502 41-502 “LIFE INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-502.md)
- [Idaho Code § 41-503 41-503 “DISABILITY INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-503.md)
- [Idaho Code § 41-504 41-504 “PROPERTY INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-504.md)
- [Idaho Code § 41-505 41-505 “MARINE AND TRANSPORTATION INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-505.md)
- [Idaho Code § 41-506 41-506 “CASUALTY INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-506.md)
- [Idaho Code § 41-507 41-507 “SURETY INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-507.md)
- [Idaho Code § 41-508 41-508 “TITLE INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-508.md)
- [Idaho Code § 41-509 41-509 LIMIT OF RISK.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-509.md)
- [Idaho Code § 41-510 41-510 “REINSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-510.md)
- [Idaho Code § 41-511 41-511 AUTHORIZED REINSURANCE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-511.md)
- [Idaho Code § 41-512 41-512 REINSURANCE BY IMPAIRED OR WITHDRAWING INSURERS — PENALTY FOR VIOLATION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-512.md)
- [Idaho Code § 41-513 41-513 “SHARE AND DEPOSIT INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-513.md)
- [Idaho Code § 41-514 41-514 PURPOSE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-514.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-502. Check the current official text before relying on it. Not legal advice.