For a foreign insurer to sell accident and sickness insurance in Idaho, what is required?

A foreign insurer looking to sell accident and sickness insurance in Idaho is required to have a valid certificate of authority. This certificate acts as the official permission granted by the state of Idaho, allowing the insurer to operate legally within its jurisdiction. It ensures that the insurer adheres to state regulations and standards, protecting consumers in the process.

Being licensed in two states or solely authorized in its home country does not meet the specific requirement that Idaho mandates for foreign insurers. Additionally, merely possessing insurance coverage in Idaho does not imply compliance with the authorization processes defined by state law. Thus, the valid certificate of authority is the pivotal requirement for foreign insurers wishing to engage in the sale of accident and sickness insurance policies within Idaho.