Frank J. Mautino
- Democratic
Primary
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.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Assigned to Insurance Committee
Filed with the Clerk by Rep. Frank J. Mautino
First Reading
Referred to Rules Committee
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| Introduced | HTML |
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