IL HB4532 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 19 2024 - 25% progression
Action: 2024-04-05 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Insurance Code. Creates the Pet Insurance Article of the Code. Defines terms. Requires a pet insurer to disclose coverage exclusions, limitations, waiting periods, and other information. Provides that pet insurance applicants shall have the right to examine and return the policy, certificate, or rider to the company or an agent or insurance producer of the company within 30 days of its receipt and to have the premium refunded if, after examination of the policy, certificate, or rider, the applicant is not satisfied for any reason. Provides that a pet insurer may issue policies that exclude coverage on the basis of one or more preexisting conditions with appropriate disclosure to the consumer. Provides that a pet insurer may issue policies that impose waiting periods upon effectuation of the policy that do not exceed 30 days for illnesses or orthopedic conditions not resulting from an accident. Prohibits waiting periods for accidents. Provides that no pet insurer or insurance producer shall market a wellness program as pet insurance. Sets forth provisions concerning wellness programs sold by a pet insurer or insurance producer.

Tracking Information

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Title

INS CD-PET INSURANCE

Sponsors


History

DateChamberAction
2024-04-05HouseRule 19(a) / Re-referred to Rules Committee
2024-03-13HouseTo Insurance Main Subcommittee
2024-03-05HouseAssigned to Insurance Committee
2024-01-31HouseReferred to Rules Committee
2024-01-31HouseFirst Reading
2024-01-25HouseAdded Chief Co-Sponsor Rep. Kelly M. Cassidy
2024-01-19HouseFiled with the Clerk by Rep. Joyce Mason

Code Citations

ChapterArticleSectionCitation TypeStatute Text
21551800New CodeSee Bill Text
21551805New CodeSee Bill Text
21551810New CodeSee Bill Text
21551815New CodeSee Bill Text
21551820New CodeSee Bill Text
21551825New CodeSee Bill Text
2155Art. XLVIII headNew CodeSee Bill Text

Illinois State Sources


Bill Comments

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