(215 ILCS 5/143.12) (from Ch. 73, par. 755.12)
Sec. 143.12.
"Short rate" cancellation.
Notice required.
No agent, broker or other representative or employee of any insurance
company shall recommend, advise, suggest or require the cancellation of
any insurance policy of the insurer which he represents, or of any other
insurer at any time other than the policy anniversary or expiration
date, unless he informs the insured in writing of the additional cost of
such cancellation before the insured is requested or required to take
action to cancel or terminate the policy which is then in force.
(Source: P.A. 79-686.)
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