| 4 | | - | AN ACT concerning regulation. |
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| 5 | | - | Be it enacted by the People of the State of Illinois, |
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| 6 | | - | represented in the General Assembly: |
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| 7 | | - | Section 5. The Illinois Insurance Code is amended by |
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| 8 | | - | adding Section 143.21d as follows: |
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| 9 | | - | (215 ILCS 5/143.21d new) |
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| 10 | | - | Sec. 143.21d. Sewer backup and sump pump overflow |
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| 11 | | - | coverage; notice. |
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| 12 | | - | (a) In response to all applications for homeowners |
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| 13 | | - | insurance, as defined in paragraph (2) of Section 523, |
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| 14 | | - | received by an insurance company, the insurance company shall |
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| 15 | | - | provide the applicant information regarding the availability |
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| 16 | | - | of coverage for loss caused by a sewer backup or overflow from |
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| 17 | | - | a sump pump, including the coverage limits and costs thereof. |
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| 18 | | - | (b) At least 30 days prior to each renewal of any policy of |
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| 19 | | - | homeowners insurance, as defined in paragraph (2) of Section |
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| 20 | | - | 523, the insurance company shall provide the insured with |
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| 21 | | - | information regarding the insured's existing coverage and |
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| 22 | | - | available coverage for loss caused by a sewer backup or |
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| 23 | | - | overflow from a sump pump, including the coverage limits and |
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| 24 | | - | costs thereof. |
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| 3 | + | 1 AN ACT concerning regulation. |
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| 4 | + | 2 Be it enacted by the People of the State of Illinois, |
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| 5 | + | 3 represented in the General Assembly: |
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| 6 | + | 4 Section 5. The Illinois Insurance Code is amended by |
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| 7 | + | 5 adding Section 143.21d as follows: |
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| 8 | + | 6 (215 ILCS 5/143.21d new) |
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| 9 | + | 7 Sec. 143.21d. Sewer backup and sump pump overflow |
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| 10 | + | 8 coverage; notice. |
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| 11 | + | 9 (a) In response to all applications for homeowners |
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| 12 | + | 10 insurance, as defined in paragraph (2) of Section 523, |
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| 13 | + | 11 received by an insurance company, the insurance company shall |
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| 14 | + | 12 provide the applicant information regarding the availability |
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| 15 | + | 13 of coverage for loss caused by a sewer backup or overflow from |
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| 16 | + | 14 a sump pump, including the coverage limits and costs thereof. |
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| 17 | + | 15 (b) At least 30 days prior to each renewal of any policy of |
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| 18 | + | 16 homeowners insurance, as defined in paragraph (2) of Section |
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| 19 | + | 17 523, the insurance company shall provide the insured with |
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| 20 | + | 18 information regarding the insured's existing coverage and |
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| 21 | + | 19 available coverage for loss caused by a sewer backup or |
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| 22 | + | 20 overflow from a sump pump, including the coverage limits and |
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| 23 | + | 21 costs thereof. |
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| 24 | + | 22 Section 99. Effective date. This Act takes effect January |
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