Illinois Compiled Statutes 215 Insurance: Article -
- Illinois Service Contract Act. - 215 ILCS 152, Section 1
Short title. This Act may be cited as the Service Contract Act. (Source: P.A. 90-711, eff. 8-7-98.)
- Illinois Service Contract Act. - 215 ILCS 152, Section 5
Definitions. "Department" means the Department of Insurance. "Director" means the Director of Insurance. "Road hazard" means a hazard that is encountered while driving a motor...
- Illinois Service Contract Act. - 215 ILCS 152, Section 10
Exemptions. Service contract providers and related service contract sellers and administrators complying with this Act are not required to comply with and are not subject...
- Illinois Service Contract Act. - 215 ILCS 152, Section 15
Financial requirements. No service contract shall be issued, sold, or offered for sale in this State unless one of the following conditions are satisfied:...
- Illinois Service Contract Act. - 215 ILCS 152, Section 20
Reimbursement policy; required provisions. (a) No service contract reimbursement insurance policy shall be issued, sold, or offered for sale in this State unless the...
- Illinois Service Contract Act. - 215 ILCS 152, Section 25
Registration requirements for service contract providers. (a) No service contract shall be issued or sold in this State until the following information has been...
- Illinois Service Contract Act. - 215 ILCS 152, Section 30
Required service contract disclosures. All service contracts issued or sold in this State shall contain the following disclosures written in clear and understandable language....
- Illinois Service Contract Act. - 215 ILCS 152, Section 35
Cancellation and refunds. No service contract may be issued, sold, or offered for sale in this State unless the service contract clearly states that...
- Illinois Service Contract Act. - 215 ILCS 152, Section 40
Incidental benefits. A service contract may provide full or partial reimbursement for other expenses incurred by the service contract holder as a direct and...
- Illinois Service Contract Act. - 215 ILCS 152, Section 45
Record keeping requirements. (a) The service contract provider shall keep accurate accounts, books, and records concerning transactions regulated under this Act. (b) The service...
- Illinois Service Contract Act. - 215 ILCS 152, Section 50
Examinations and enforcement provisions. (a) The Director may conduct examinations of service contract providers, administrators, or other persons to enforce this Act and protect...
- Illinois Service Contract Act. - 215 ILCS 152, Section 55
Rulemaking power. The Director may adopt such administrative rules as are necessary to implement the provisions of this Act. (Source: P.A. 90-711, eff. 8-7-98.)
- Illinois Service Contract Act. - 215 ILCS 152, Section 60
Applicability. This Act applies to all service contracts sold or offered for sale 90 or more days after the effective date of this Act....
- Illinois Service Contract Act. - 215 ILCS 152, Section 99
Effective date. This Act takes effect upon becoming law. (Source: P.A. 90-711, eff. 8-7-98.)
Last modified: February 18, 2015