Illinois Administrative Code
Title 50 - INSURANCE
Part 1406 - INDIVIDUAL AND GROUP LIFE INSURANCE POLICY ILLUSTRATIONS
Section 1406.20 - Applicability and Scope
Universal Citation: 50 IL Admin Code ยง 1406.20
Current through Register Vol. 48, No. 12, March 22, 2024
This Part applies to all individual and group life insurance policies and certificates issued after June 1, 1998, except:
a) Variable life insurance;
b) Individual and group annuity contracts;
c) Credit life insurance; or
d) Life insurance policies and certificates with guaranteed scheduled death benefits of $10,000 or less, or illustrated death benefits less than $15,000.
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