Section 1480.230  Proof of Insurance

Proof of insurance or cancellation shall be filed on forms containing the information prescribed by the Commission. The filing of proof of insurance shall constitute acceptance of the minimum terms required by Section 90 of the Act.  The coverage shall remain in effect until the coverage expires, a cancellation form is filed with the Commission or the coverage is superseded by filing a subsequent certification of insurance.  The Commission shall receive notice of cancellation no later than the effective date of cancellation of the policy.

(Source:  Amended at 38 Ill. Reg. 5821, effective March 14, 2014)