Bill Text: IL HB1469 | 2021-2022 | 102nd General Assembly | Introduced
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) 2021-04-23 - Rule 19(a) / Re-referred to Rules Committee [HB1469 Detail]
Download: Illinois-2021-HB1469-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, | |||||||||||||||||||
3 | represented in the General Assembly:
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4 | Section 5. The Illinois Insurance Code is amended by | |||||||||||||||||||
5 | changing Section 357.29 as follows:
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6 | (215 ILCS 5/357.29) (from Ch. 73, par. 969.29)
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7 | Sec. 357.29.
Any policy of a foreign or alien company, | |||||||||||||||||||
8 | when delivered or
issued for delivery to any person in this | |||||||||||||||||||
9 | State, may contain any provision
which is not less favorable | |||||||||||||||||||
10 | to the
the insured or the beneficiary than the
provisions of | |||||||||||||||||||
11 | this article and which is prescribed or required by the law
of | |||||||||||||||||||
12 | the state under which the company is organized. | |||||||||||||||||||
13 | Any policy of a domestic company may, when issued for | |||||||||||||||||||
14 | delivery in any
other state or country, contain any provision | |||||||||||||||||||
15 | permitted or required by the
laws of such other state or | |||||||||||||||||||
16 | country.
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17 | (Source: Laws 1967, p. 1735.)
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