(215 ILCS 110/32.1) (from Ch. 32, par. 690.32-1)
Sec. 32.1.
All claims payable in the form of indemnities under the
terms of a service plan contract or subscription certificate shall be paid
within 30 days following receipt by the corporation of due proof of loss.
A dental service plan corporation which neglects to pay a claim within 30
days following receipt by the corporation of due proof of loss shall pay
the subscriber interest at the rate of 9% per annum from the 30th day
after receipt of such proof of loss to the date of late payment.
(Source: P.A. 85-395.)
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