Ill. Admin. Code tit. 50, § 919.60 - Improper Practices or Procedures for all Insurance Companies

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

a) No company shall indicate to an insured on a payment draft, check or in any accompanying letter that said payment is "final" or "a release" of any claim unless the policy limit has been paid or there is a bonafide dispute either over coverage or the amount payable under the policy.
b) No company shall make any statement, written or oral, requiring an insured to complete a proof of loss in less time than is provided in the policy.
c) No company shall make any statement requiring an insured to give written notice of loss within a specified time so that the company is relieved of its obligations under a policy if such time limit is not complied with, unless such a statement is made after the insured's unreasonable failure to give written notice.
d) No company shall request or require any insured to submit to a polygraph examination. The use of examinations under oath, sworn statements or similar procedures shall not be so restricted, if authorized under the applicable insurance contracts.

Notes

Ill. Admin. Code tit. 50, § 919.60

Amended at 13 Ill. Reg. 1204, effective January 11, 1989

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