Ill. Admin. Code tit. 50, § 2904.110 – Insurance Policy to be Issued by Assigned Carrier Within Ten Days After Receipt of Payment | Midpage
§ 2904.110
Ill. Admin. Code tit. 50, § 2904.110
Insurance Policy to be Issued by Assigned Carrier Within Ten Days After Receipt of Payment
Effective Jul 2, 201438 Ill. Reg. 15611AUTHORITY: Implementing Sections 454 and 468 of the Illinois Insurance Code [215 ILCS 5/454 and 468] and authorized by Sections 401 and 466 of the Illinois Insurance Code [215 ILCS 5/401 and 466].DEPARTMENT OF INSURANCE
A policy or binder shall be issued to the eligible employer and producer within 10 days after receipt of the required premium payment.
(Source: Amended at 38 Ill. Reg. 15611, effective July 2, 2014)