102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB1469

 

Introduced 2/17/2021, by Rep. Emanuel Chris Welch

 

SYNOPSIS AS INTRODUCED:
 
215 ILCS 5/357.29  from Ch. 73, par. 969.29

    Amends the Illinois Insurance Code. Makes a technical change in a Section concerning provisions in accident and health insurance policies permitted or required by other jurisdictions.


LRB102 03485 BMS 13498 b

 

 

A BILL FOR

 

HB1469LRB102 03485 BMS 13498 b

1    AN ACT concerning regulation.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Insurance Code is amended by
5changing Section 357.29 as follows:
 
6    (215 ILCS 5/357.29)  (from Ch. 73, par. 969.29)
7    Sec. 357.29. Any policy of a foreign or alien company,
8when delivered or issued for delivery to any person in this
9State, may contain any provision which is not less favorable
10to the the insured or the beneficiary than the provisions of
11this article and which is prescribed or required by the law of
12the state under which the company is organized.
13    Any policy of a domestic company may, when issued for
14delivery in any other state or country, contain any provision
15permitted or required by the laws of such other state or
16country.
17(Source: Laws 1967, p. 1735.)