Alaska § 21.80.020 - Applicability.
Full text of Alaska Alaska Statutes § 21.80.020 — Applicability., with citation guidance and answers to common questions.
§ 21.80.020. Applicability.
This chapter applies to all kinds of direct insurance written by an admitted insurer, except that this chapter does not apply to the following: (1) life, annuity, health, or disability insurance;
(2) residual value, mortgage guaranty, or financial guaranty of other forms of insurance offering protection against investment risks;
(3) bonding obligations, including fidelity or surety bonds;
(4) insurance protecting the interests of a creditor arising out of a creditor-debtor transaction, including credit insurance, vendors' single interest insurance, or collateral protection insurance;
(5) insurance of warranties or service contracts, including insurance providing for (A) the repair, replacement, or service of goods or property;
(B) indemnification for repair, replacement, or service of goods or property; or
(C) reimbursement for liability incurred by a person issuing a warranty or service contract;
(6) title insurance;
(7) a transaction or combination of transactions between a person, including the person's affiliates, and an insurer, including the insurer's affiliates, that involves the transfer of investment or credit risk unaccompanied by the transfer of insurance risk;
(8) insurance provided by or guaranteed by a government;
(9) a risk retention group formed under 15 U.S.C. 3901 — 3906 (Liability Risk Retention Act);
(10) insurance written on a retroactive basis to cover known losses for which a claim has already been made and the claim is known to the insurer at the time the insurance is bound.
Frequently Asked Questions About Alaska § 21.80.020
What does Alaska Statutes § 21.80.020 cover?
Section 21.80.020 ("Applicability.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 21.80.020?
A common citation format is "Alaska Statutes § 21.80.020" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 21.80.020 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.