TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE SUBCHAPTER m: CREDIT LIFE AND CREDIT ACCIDENT INSURANCE PART 1052 CREDIT ACCIDENT AND HEALTH INSURANCE SECTION 1052.20 DEFINITIONS
Section 1052.20 Definitions
"Credit accident and health insurance" means insurance on a debtor to provide indemnity for payments becoming due on a specific loan or other credit transaction while the debtor is disabled as defined in the policy [215 ILCS 5/155.52(b)].
(Source: Added at 20 Ill. Reg. 830, effective January 2, 1996) |