SB 2565

Abstract

Amends the Illinois Insurance Code. In provisions giving an applicant's the right to reject additional uninsured motorist coverage, provides the same right to insureds. Provides that a rejection of additional uninsured motorist coverage in excess of the limits set forth in the Illinois Vehicle Code must be executed by the applicant or insured before the policy is issued by the insurer or within 60 days after the issuance of the policy. Effective immediately.