Illinois Statutes Chapter 215. Insurance § 5/1402. Definitions

(1) a State bank, a national bank, or an out-of-state bank, as those terms are defined in the Illinois Banking Act,  1 or any subsidiary of a State bank, a national bank, or an out-of-state bank;

(2) a foreign banking corporation, as that term is defined in the Foreign Banking Office Act,  2 or any subsidiary of a foreign banking corporation;

(3) a corporate fiduciary, as that term is defined in the Corporate Fiduciary Act;  3

(4) a savings bank organized under the Savings Bank Act,  4 an out-of-state savings bank chartered under the laws of a state other than Illinois, a territory of the United States, or the District of Columbia, or a federal savings bank organized under federal law, or any subsidiary of a savings bank, an out-of-state savings bank or a federal savings bank;

(5) an association or federal association, as those terms are defined in the Illinois Savings and Loan Act of 1985,  5 or any subsidiary of an association or federal association;

(6) an out-of-state savings and loan association chartered under the laws of a state other than Illinois, a territory of the United States or the District of Columbia, or a federal savings and loan association organized under federal law whose principal business office is located outside of Illinois, or any subsidiary of an out-of-state savings and loan association or federal savings and loan association whose principal business office is located outside of Illinois; or

(7) a credit union as defined in the Illinois Credit Union Act,  6 or any subsidiary of a credit union.

(1) credit life, credit accident and health, credit involuntary unemployment, credit casualty and credit property insurance;

(2) extended service contracts and warranty agreements;

(3) insurance obtained by the debtor to provide payment for the difference between the remaining balance on a loan or other extension of credit and the amount of insurance coverage on the collateral securing the loan or other extension of credit;

(4) insurance placed by a financial institution on collateral used in connection with a loan or other extension of credit when a debtor breaches the contractual obligation to provide that insurance;

(5) title insurance regulated by the Title Insurance Act; and

(6) private mortgage insurance and financial guarantee insurance.