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Public Act 103-0858 |
HB5357 Enrolled | LRB103 37078 RPS 67196 b |
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AN ACT concerning regulation. |
Be it enacted by the People of the State of Illinois, |
represented in the General Assembly: |
Section 5. The Illinois Insurance Code is amended by |
adding Section 143.21d as follows: |
(215 ILCS 5/143.21d new) |
Sec. 143.21d. Sewer backup and sump pump overflow |
coverage; notice. |
(a) In response to all applications for homeowners |
insurance, as defined in paragraph (2) of Section 523, |
received by an insurance company, the insurance company shall |
provide the applicant information regarding the availability |
of coverage for loss caused by a sewer backup or overflow from |
a sump pump, including the coverage limits and costs thereof. |
(b) At least 30 days prior to each renewal of any policy of |
homeowners insurance, as defined in paragraph (2) of Section |
523, the insurance company shall provide the insured with |
information regarding the insured's existing coverage and |
available coverage for loss caused by a sewer backup or |
overflow from a sump pump, including the coverage limits and |
costs thereof. |
Section 99. Effective date. This Act takes effect January |