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Sen. William R. Haine
Filed: 3/2/2010
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09600SB3378sam001 |
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LRB096 18501 RPM 37993 a |
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| AMENDMENT TO SENATE BILL 3378
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| AMENDMENT NO. ______. Amend Senate Bill 3378 by replacing |
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| everything after the enacting clause with the following:
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| "Section 5. The Illinois Insurance Code is amended by |
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| changing Section 351A-4 as follows:
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| (215 ILCS 5/351A-4) (from Ch. 73, par. 963A-4)
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| Sec. 351A-4. Limitation. No long-term care insurance |
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| policy may:
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| (1) Be cancelled, nonrenewed or otherwise terminated |
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| on grounds of the
the
age or the deterioration of the |
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| mental or physical health of the insured
individual or |
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| certificate holder.
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| (2) Contain a provision establishing a new waiting |
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| period in the event
existing coverage is converted to or |
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| replaced by a new or other form, except
with respect to an |
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| increase in benefits
voluntarily selected by the insured |