Ill. Admin. Code tit. 50, § 1407.10 - Purpose and Applicability

Current through Register Vol. 46, No. 15, April 8, 2022

The purpose of this Part is to regulate accelerated benefit provisions in individual and group life insurance policies, contracts, riders, endorsements or amendments and to provide required standards of disclosure. This Part is not applicable to long-term care policies, contracts, riders, endorsements or amendments subject to the provisions of Article XIXA of the Illinois Insurance Code [215 ILCS 5/351A-1 through 351 A-11] or to long-term care partnership policies subject to provisions of the Partnership for Long-Term Care Act [320 ILCS 35 ].

Notes

Ill. Admin. Code tit. 50, § 1407.10

Amended at 23 Ill. Reg. 14688, effective December 14, 1999

The following state regulations pages link to this page.



State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.