Idaho § 41-1911 - Reinstatement
Full text of Idaho Idaho Statutes § 41-1911 — Reinstatement, with citation guidance and answers to common questions.
§ 41-1911. Reinstatement
There shall be a provision that unless:
(1) The policy has been surrendered for its cash surrender value, or
(2) Its cash surrender value has been exhausted, or
(3) The paid-up term insurance, if any, has expired,
the policy will be reinstated at any time within three (3) years (or two (2) years in the case of industrial life insurance policies) from the date of premium default upon written application therefor, the production of evidence of insurability satisfactory to the insurer, the payment of all premiums in arrears with interest at a rate not exceeding eight per cent (8%) per annum compounded annually and the payment or reinstatement of any other policy indebtedness with interest at a rate not exceeding the applicable policy loan rate or rates determined in accordance with the policy’s provisions.
[41-1911, added 1961, ch. 330, sec. 442, p. 645; am. 1993, ch. 185, sec. 1, p. 467.]
Frequently Asked Questions About Idaho § 41-1911
What does Idaho Statutes § 41-1911 cover?
Section 41-1911 ("Reinstatement") is part of the Idaho Statutes, the codified statutory law of Idaho. 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 Idaho § 41-1911?
A common citation format is "Idaho Statutes § 41-1911" (Idaho). 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 Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 41-1911 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho 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 Idaho.