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TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE SUBCHAPTER l: PROVISIONS APPLICABLE TO ALL COMPANIES PART 931 REQUIRED PROCEDURE FOR CONSUMER COMPLAINT NOTIFICATION SECTION 931.20 SCOPE
Section 931.20 Scope
a) This Part shall apply to all companies authorized to transact insurance business as set forth in Classes 1, 2 or 3 of Section 4 of the Illinois Insurance Code [215 ILCS 5], except for those lines of insurance enumerated in Section 931.50 of this Part.
b) This Part shall apply to any policy or certificate issued after the effective date of this Part.
c) For Group Life Insurance and Group Accident and Health Insurance, the statutory requirement to provide "written notice " may be satisfied by the insurance company furnishing such notice to the policyholder, or by the insurance company or policyholder furnishing such notices to all group members.
(Source: Amended at 49 Ill. Reg. 3767, effective July 1, 2025) |