48.01.040 "Insurance" defined.

WA Rev Code § 48.01.040 (2019) (N/A)
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RCW 48.01.040 "Insurance" defined.

Insurance is a contract whereby one undertakes to indemnify another or pay a specified amount upon determinable contingencies.

[1947 c 79 § .01.04; Rem. Supp. 1947 § 45.01.04.]