TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER ee: FEES, CHARGES AND TAXES
PART 2500 FEES, CHARGES AND TAXES
SECTION 2500.80 CALCULATION GUIDELINES


 

Section 2500.80  Calculation Guidelines

 

a)         All calculations shall be rounded to whole numbers by rounding down if the first decimal place is five or less and rounding up otherwise.

 

b)         For all calculated amounts owed, a whole dollar amount shall be reported and any amount calculated should be rounded down if $0.50 or less and rounded up otherwise.

 

(Source:  Amended at 44 Ill. Reg. 3419, effective February 24, 2020)