Bill Text: IL HB2624 | 2015-2016 | 99th General Assembly | Introduced
Bill Title: Amends the Illinois Insurance Code. Makes a technical change in a Section concerning accident and health policies.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee [HB2624 Detail]
Download: Illinois-2015-HB2624-Introduced.html
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1 | AN ACT concerning regulation.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Insurance Code is amended by | |||||||||||||||||||
5 | changing Section 355 as follows:
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6 | (215 ILCS 5/355) (from Ch. 73, par. 967)
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7 | Sec. 355.
Accident
and
and health policies-Provisions.)
No | |||||||||||||||||||
8 | policy of insurance against loss or damage from the sickness, | |||||||||||||||||||
9 | or from
the bodily injury or death of the insured by accident | |||||||||||||||||||
10 | shall be issued or
delivered to any person in this State until | |||||||||||||||||||
11 | a copy of the form thereof and
of the classification of risks | |||||||||||||||||||
12 | and the premium rates pertaining thereto
have been filed with | |||||||||||||||||||
13 | the Director; nor shall it be so issued or delivered
until the | |||||||||||||||||||
14 | Director shall have approved such policy pursuant to the | |||||||||||||||||||
15 | provisions
of Section 143. If the Director
disapproves the | |||||||||||||||||||
16 | policy form he shall make a written decision stating the
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17 | respects in which such form does not comply with the | |||||||||||||||||||
18 | requirements of law
and shall deliver a copy thereof to the | |||||||||||||||||||
19 | company and it shall be unlawful
thereafter for any such | |||||||||||||||||||
20 | company to issue any policy in such form. | |||||||||||||||||||
21 | (Source: P.A. 79-777.)
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