INS SMALL LIFE POLICIES House SponsorsRep. Frank J. Mautino 1/11/2005HouseSession Sine Die 215 ILCS 5/229.6 new Amends the Illinois Insurance Code. Establishes disclosure requirements for life insurance policies having a face amount of $20,000 or less. Requires insurers to make a disclosure to insureds if the premiums on small policies will exceed the face amount of the policy. Prohibits insurers from collecting premiums on small policies when the premiums collected minus dividends paid in cash exceed 250% of the face amount of the policy. 2/28/2003HouseFiled with the Clerk by Rep. Frank J. Mautino 2/28/2003HouseFirst Reading 2/28/2003HouseReferred to Rules Committee 3/5/2003HouseAssigned to Insurance Committee 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die