Idaho Code
Idaho Code § 41-502 (2026)
"Life insurance" defined.
✓ current as of May 2026
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"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.
Notes of Decisions
Cited in 2
cases, 1981–2012 · leading case: Juker v. Am. Livestock Ins., 637 P.2d 792 (Idaho 1981).
Juker v. Am. Livestock Ins., 637 P.2d 792 (Idaho 1981). “[5] As I understand the law, while a man may procure life insurance on the life of his wife, I.C. §§ 41-502, 41-1804(1) & (3)(a), a man may not so insure the life of his horse, pig, or chicken, but may procure casualty insurance insuring him against loss of or damage thereto.”
In re Wisdom, 478 B.R. 394 (Bankr. D. Idaho 2012). “” The term “life insurance” is defined in Idaho Code § 41-502 as “insurance on human lives.”
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