Current as of January 01, 2019 | Updated by FindLaw Staff
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§ 155.61. Existing insurance--Choice of insurer. When credit life insurance or credit accident and health insurance is required as additional security for any indebtedness, the debtor shall, upon request to the creditor, have the option of furnishing the required amount of insurance through existing policies of insurance owned or controlled by him or of procuring and furnishing the required coverage through any insurer authorized to transact an insurance business within this state.
Cite this article: FindLaw.com - Illinois Statutes Chapter 215. Insurance § 5/155.61. Existing insurance--Choice of insurer - last updated January 01, 2019 | https://codes.findlaw.com/il/chapter-215-insurance/il-st-sect-215-5-155-61.html
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