Bill Text: IL HB0886 | 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 provisions in accident and health insurance policies permitted or required by other jurisdictions.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2015-04-24 - Rule 19(a) / Re-referred to Rules Committee [HB0886 Detail]

Download: Illinois-2015-HB0886-Introduced.html

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99TH GENERAL ASSEMBLY State of Illinois 2015 and 2016 HB0886 Introduced , by Rep. Michael J. Madigan SYNOPSIS AS INTRODUCED:
215 ILCS 5/357.29 from Ch. 73, par. 969.29
Amends the Illinois Insurance Code. Makes a technical change in a Section concerning provisions in accident and health insurance policies permitted or required by other jurisdictions.
LRB099 04712 MLM 24741 b
A BILL FOR
HB0886 LRB099 04712 MLM 24741 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 357.29 as follows:
(215 ILCS 5/357.29) (from Ch. 73, par. 969.29)
Sec. 357.29. Any policy of a foreign or alien company, when
delivered or issued for delivery to any person in this State,
may contain any provision which is not less favorable to the
the insured or the beneficiary than the provisions of this
article and which is prescribed or required by the law of the
state under which the company is organized.
Any policy of a domestic company may, when issued for
delivery in any other state or country, contain any provision
permitted or required by the laws of such other state or
country.
(Source: Laws 1967, p. 1735.)