{"data":{"id":"us-ky/krs-304.1-030","jurisdiction":"us-ky","citation":"KRS 304.1-030","heading":"\"Insurance\" defined.","body":"\"Insurance\" is a contract whereby one undertakes to pay or indemnify another as to loss\nfrom certain specified contingencies or perils called \"risks,\" or to pay or grant a specified\namount or determinable benefit or annuity in connection with ascertainable  risk\ncontingencies, or to act as surety.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16627","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:36Z","sha256":"370555de8919be6dcceb6c26fbeb5138e2d101f188b7960b12971385adfd40a4","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.1-020","next":"us-ky/krs-304.1-040"},"notice":"GroundRules: Original legal text. Not legal advice."}