Idaho Code § 28-44-103: Credit insurance — Credit Insurance Act — Defined.

(1) In this act, "credit insurance" means insurance, other than insurance on property, by which the satisfaction of debt in whole or in part is a benefit provided, but does not include:

(a) Insurance provided in relation to a credit transaction in which a payment is scheduled more than fifteen (15) years after the extension of credit;

(b) Insurance issued as an isolated transaction on the part of the insurer not related to an agreement or plan for insuring debtors of the creditor; or

(c) Insurance indemnifying the creditor against loss due to the debtor’s default.

(2) "Credit Insurance Act" means chapter 23, title 41, Idaho Code.