Idaho State Statutes - Idaho Attorney Directory

(1) A creditor may not
use a form or a schedule of premium rates or charges, the filing of which is
required by this section, if the director of the department of insurance has
disapproved the form or schedule and has notified the insurer of his
disapproval. A creditor may not use a form or schedule unless:
(a) The form or schedule has been on file with the director of the
department of insurance for thirty (30) days, or has earlier been approved
by him; and
(b) The insurer has complied with this section with respect to the
insurance.
(2) Except as provided in subsection (3) of this section, all policies,
certificates of insurance, notices of proposed insurance, applications for
insurance, endorsements and riders relating to credit insurance delivered or
issued for delivery in this state, and the schedules of premium rates or
charges pertaining thereto, shall be filed by the insurer with the director of
the department of insurance. Within thirty (30) days after the filing of any
form or schedule, he shall disapprove it if the premium rates or charges are
unreasonable in relation to the benefits provided under the form, or if the
form contains provisions which are unjust, unfair, inequitable, or deceptive,
or encourage misrepresentation of the coverage, or are contrary to any
provision of the Credit Insurance Act or of any rule or regulation promulgated
thereunder.
(3) If a group policy has been delivered in another state, the forms to
be filed by the insurer with the director of the department of insurance are
the group certificates and notices of proposed insurance. He shall approve
them if:
(a) They provide the information that would be required if the group
policy were delivered in this state; and
(b) The applicable premium rates or charges do not exceed those
established by his rules or regulations.

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