Bill Text: IL SB0668 | 2015-2016 | 99th General Assembly | Introduced

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Bill Title: Amends the Illinois Insurance Code. Makes a technical change in a Section concerning accident and health policies.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2015-02-03 - Referred to Assignments [SB0668 Detail]

Download: Illinois-2015-SB0668-Introduced.html

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99TH GENERAL ASSEMBLY State of Illinois 2015 and 2016 SB0668 Introduced 2/3/2015, by Sen. William R. Haine SYNOPSIS AS INTRODUCED:
215 ILCS 5/355 from Ch. 73, par. 967
Amends the Illinois Insurance Code. Makes a technical change in a Section concerning accident and health policies.
LRB099 05619 MLM 25656 b
A BILL FOR
SB0668 LRB099 05619 MLM 25656 b
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Insurance Code is amended by
changing Section 355 as follows:
(215 ILCS 5/355) (from Ch. 73, par. 967)
Sec. 355. Accident and and health policies-Provisions.) No
policy of insurance against loss or damage from the sickness,
or from the bodily injury or death of the insured by accident
shall be issued or delivered to any person in this State until
a copy of the form thereof and of the classification of risks
and the premium rates pertaining thereto have been filed with
the Director; nor shall it be so issued or delivered until the
Director shall have approved such policy pursuant to the
provisions of Section 143. If the Director disapproves the
policy form he shall make a written decision stating the
respects in which such form does not comply with the
requirements of law and shall deliver a copy thereof to the
company and it shall be unlawful thereafter for any such
company to issue any policy in such form.
(Source: P.A. 79-777.)