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IL SB1855
Bill
AI Summary
- Amends the Illinois Insurance Code by adding Section 500-76 regarding disclosure requirements for insurance policies
- Requires that any policy solicitation involving an insurance producer, limited insurance representative, or temporary insurance producer must identify the name of the producer, representative, or firm
- Mandates that individual life or accident and health insurance applications must bear the name and signature of the licensee who solicited and wrote the application
- Mandates that master policy applications for life or accident and health group coverages must bear the name and signature of the licensee who solicited and wrote the application
Legislative Description
INSURANCE - DISCLOSURE
Last Action
Session Sine Die
1/8/2013
Committee Referrals
Assignments3/18/2011
Insurance3/2/2011
Assignments2/9/2011
Full Bill Text
No bill text available