TITLE 50: INSURANCE CHAPTER I: DEPARTMENT OF INSURANCE SUBCHAPTER oo: VIATICAL SETTLEMENTS PART 3701 VIATICAL SETTLEMENT PROVIDER AND BROKER REQUIREMENTS The General Assembly's Illinois Administrative Code database includes only those rulemakings that have been permanently adopted. This menu will point out the Sections on which an emergency rule (valid for a maximum of 150 days, usually until replaced by a permanent rulemaking) exists. The emergency rulemaking is linked through the notation that follows the Section heading in the menu. View Entire Part Section 3701.10 Purpose Section 3701.20 Definitions Section 3701.30 Filing Procedures for Viatical Settlement Providers Section 3701.40 Filing Procedures for Viatical Settlement Brokers Section 3701.50 Standards for Evaluation of Reasonable Payments for Terminally or Chronically Ill Insureds Section 3701.60 General Rules Section 3701.70 Prohibited Practices Section 3701.80 Insurance Company Practices Section 3701.100 Reporting Requirements Section 3701.EXHIBIT A Viatical Settlement Provider Report and Instructions – All States and Territories (Form VSP-001) Section 3701.EXHIBIT B Viatical Settlement Broker Report and Instructions - All States and Territories (Form VSB-001) Section 3701.EXHIBIT C Viatical Settlement Provider Report and Instructions – Illinois Transactions Only (Form VSP-002) Section 3701.EXHIBIT D Viatical Settlement Broker Report and Instructions – Illinois Transactions Only (Form VSB-002) Section 3701.EXHIBIT E Individual Mortality Report and Instructions – Illinois Transactions Only (Form VSP-003) Section 3701.EXHIBIT F Viatical Settlement Provider Certification (Form VSP-004) Section 3701.EXHIBIT G Viatical Settlement Broker Certification (Form VSB-004) Section 3701.EXHIBIT H Verification of Coverage for Life Insurance Policies

AUTHORITY: Implementing and authorized by the Viatical Settlements Act of 2009 [215 ILCS 159].

SOURCE: Former Part 5701 (Internal Security Standard and Fidelity Bonds) filed October 15, 1971; amended at 2 Ill. Reg. 29, p. 161, effective July 17 1978; codified at 7 Ill. Reg. 904; recodified to 50 Ill. Adm. Code 5460 at 20 Ill. Reg. 6593; transferred from the Department of Insurance to the Department of Financial and Professional Regulation pursuant to Executive Order 2004-6 on July 1, 2004; new Part 5701 adopted at 30 Ill. Reg. 6376, effective April 3, 2006; recodified from the Department of Financial and Professional Regulation to the Department of Insurance pursuant to Executive Order 2009-04 at 38 Ill. Reg. 17504; amended at 39 Ill. Reg. 4975, effective March 23, 2015; amended at 39 Ill. Reg. 16161, effective December 3, 2015; recodified from 50 Ill. Adm. Code 5701 to 50 Ill. Adm. Code 3701 at 42 Ill. Reg. 16457.