(215 ILCS 152/5)
"Department" means the Department of Insurance.
"Director" means the Director of Insurance.
"Service Contract" means a contract or agreement whereby a service
undertakes for a specified period of time, for separate and identifiable
perform the repair, replacement, or maintenance, or indemnification for such
any automobile, system, or consumer product in connection with the operational
structural failure due to a defect in materials or workmanship, or normal wear
with or without additional provision for incidental payment or indemnity under
circumstances, for related expenses, including, but not limited to, towing,
emergency road service. Service contracts may provide for the repair,
maintenance of such property for damage resulting from power surges and
damage from handling. Service contracts shall not include contracts of limited
that provide for scheduled maintenance only.
"Service contract holder" means the person who purchases a service
contract or a
"Service contract provider" means a person who is contractually
obligated to the
service contract holder under the terms of the service contract. A service
provider does not include an insurer.
"Service contract reimbursement insurance policy" means a policy of
is issued to the service contract provider to provide reimbursement to the
contract provider or to pay on behalf of the service contract provider all
contractual obligations incurred by the service contract provider under the
conditions of the insured service contracts issued or sold by the service
"System" means the heating, cooling, plumbing, electrical, ventilation,
or any other similar
system of a home.
(Source: P.A. 90-711, eff. 8-7-98.)