98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
SB1774
 
Introduced 2/15/2013, by Sen. William R. Haine
 
SYNOPSIS AS INTRODUCED:
 

 
215 ILCS 5/143.02 new

     Amends the Illinois Insurance Code. Provides that policies and endorsements used by a company for transacting casualty and fidelity and surety insurance and fire and marine insurance that do not contain personally identifiable information may be mailed, issued, delivered, or posted on the insurer's Internet web site.  Provides that if the insurer elects to post the insurance policies and endorsements on its Internet web site in lieu of mailing, issuing, or delivering them to the insured, then the insurer must comply with certain conditions.
  


LRB098 07851 RPM 40744 b

 
 
A BILL FOR
 

  
SB1774LRB098 07851 RPM 40744 b


  
1    AN ACT concerning insurance.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The Illinois Insurance Code is amended  by adding 
5Section 143.02 as follows:
 
6    (215 ILCS 5/143.02 new)
7    Sec. 143.02. Electronic posting of policies. Policies and 
8endorsements used by a company for transacting insurance as 
9classified in Class 2 and Class 3 of Section 4 of this Code 
10that do not contain personally identifiable information may be 
11mailed, issued, delivered, or posted on the insurer's Internet 
12web site.  If the insurer elects to post the insurance policies 
13and endorsements on its Internet web site in lieu of mailing, 
14issuing, or delivering them to the insured, then the insurer 
15must comply with all of the following conditions:
16        (1) the policy and endorsements must be easily 
17    accessible and remain that way for as long as the policy is 
18    in force;
19        (2) after the expiration of the policy, the insurer 
20    must archive its expired policies and endorsements and make 
21    them available upon request;
22        (3) the policies and endorsements must be posted in a 
23    manner that enables the insured to print and save the 
 
 
SB1774- 2 -LRB098 07851 RPM 40744 b

1    policy and endorsements using programs or applications 
2    that  are widely available on the Internet and free to use;
3        (4) the insurer must provide notice, in the manner it 
4    customarily communicates with an insured, at the time of 
5    issuance of the initial policy forms and any renewal forms 
6    of a method by which insureds may obtain, upon request, a 
7    paper or electronic copy of their policy or endorsements;
8        (5) on each declarations page issued to an insured, the 
9    insurer must clearly identify the exact policy and 
10    endorsement forms purchased by the insured; and
11        (6) the insurer must provide notice, in the manner it 
12    customarily communicates with an insured, of any changes to 
13    the forms or endorsements and of the insured's right to 
14    obtain, upon request and without charge, a paper or 
15    electronic copy of such forms or endorsements.