Effective March 1, 2009, the Illinois Department of Insurance is requesting all filers to submit the applicable Review Requirements Checklist in every filing submitted for review and approval. This requirement is already in place for filings submitted under Company Bulletin 2007-01 (Certification Process), but will be required in all form filings. All citations are hyperlink text and will open with a mouse click.
Checklist Requirement Notice
Insurance Regulations
Illinois Statutes
Effective March 1, 2007, the Department of Insurance has released a speed to market Bulletin directed to all insurance companies licensed to write Class 1 Clause (a) Life Insurance & Annuity policies. The Department of Insurance has reviewed and analyzed existing policy form filing requirements under Illinois law, specifically 215 ILCS 5/143, as well as the Department’s filing procedures, and has assessed alternative ways in which the Department can continue to emphasize protection of Illinois consumers while increasing the efficiency in processing such filings.
Life Insurance and Annuity Filings Bulletin
Checklists may need to be printed in landscape format.
EXCESS RISK/STOP LOSS FILINGS ARE DONE ON AN INFORMATIONAL BASIS
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