TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE SUBCHAPTER z: ACCIDENT AND HEALTH INSURANCE PART 2003 DEFINITIONS OF THE TERMS "NONCANCELLABLE," "NONCANCELLABLE AND GUARANTEED RENEWABLE," AND "GUARANTEED RENEWABLE" SECTION 2003.20 APPLICABILITY
Section 2003.20 Applicability
This Part shall apply to all companies transacting in this State the kinds of business enumerated in Section 4, Class 1(b) and Class 2(a) of the Illinois Insurance Code [215 ILCS 5/4] and to all other "persons" as defined in Section 422 of the Illinois Insurance Code [215 ILCS 5/422] who are engaging in an accident and health insurance business in this State. However, this Part does not affect policies that must meet guaranteed renewability requirements established by Section 50 of the Illinois Health Insurance Portability and Accountability Act [215 ILCS 97/50], if the terms regulated by this Part are not used in the policy or the advertising of the policy.
(Source: Amended at 25 Ill. Reg. 10190, effective July 30, 2001) |