Illinois Administrative Code
Title 50 - INSURANCE
Part 101 - NATION-WIDE MARINE DEFINITION OF THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS
Section 101.40 - Coverage not Permitted
Universal Citation: 50 IL Admin Code ยง 101.40
Current through Register Vol. 48, No. 12, March 22, 2024
Unless otherwise permitted, nothing in the foregoing shall be construed to permit Marine or Transportation Policies to Cover:
a) Storage of Assured's merchandise, except as hereinbefore provided.
b) Merchandise in course of manufacture, the property of and on the premises of the manufacturer.
c) Furniture and fixtures and improvements and betterments to buildings.
d) Monies and/or securities in safes, vaults, safety deposit vaults, bank or Assured's premises, except while in course of transportation.
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