SCHOENBERG. 215 ILCS 5/224.2 new Amends the Illinois Insurance Code. Provides that when a company issues a policy of life insurance covering the life of a person other than the person purchasing the policy, the company must notify the person whose life is covered within 15 days after the issuance of the policy. FISCAL NOTE (Dept. of Insurance) HB120 will have no fiscal impact on the Dpt. 99-01-08 H PREFILED WITH CLERK 99-01-14 H FIRST READING 99-01-14 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-01-27 H ASSIGNED TO COMMITTEE INSURANCE 99-02-08 H FISCAL NOTE FILED 99-02-08 H COMMITTEE INSURANCE 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary