Illinois Administrative Code
Title 50 - INSURANCE
Part 1052 - CREDIT ACCIDENT AND HEALTH INSURANCE
Section 1052.30 - Credit Accident and Health Insurance Coverage
Universal Citation: 50 IL Admin Code ยง 1052.30
Current through Register Vol. 48, No. 12, March 22, 2024
If coverage for credit accident and health insurance is contingent upon the insured working a minimum amount of hours a week, then the application for insurance must contain a question eliciting a response indicating that the insured does or does not currently work the minimum number of hours. Additionally, if the credit accident and health insurance is offered on a guaranteed issue basis, the individual policy or group certificate must include a clear statement that stipulates the minimum of hours that must be worked a week.
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