Illinois Compiled Statutes 215 ILCS 5 Illinois Insurance Code. Section 355.1

    (215 ILCS 5/355.1) (from Ch. 73, par. 967.1)

    Sec. 355.1. No claim for benefits for loss of time from the insured person's occupation, under a group or individual accident and health insurance policy delivered in this State more than 120 days after the effective date of this Section, shall be reduced by reason of any cost-of-living increase, designated as such under the Federal Social Security Act, if such cost-of-living increase occurs while the policy's benefits are payable for that claim.

(Source: P.A. 78-603.)

Sections:  Previous  352  352a  353  353a  354  355  355.1  355.2  355.3  355a  355b  356a  356b  356c  Next

Last modified: February 18, 2015