Illinois HB 2425: INC TX-ENGINEERING STUDENTS

Status: Rule 19(a) / Re-referred to Rules Committee (as of 2023-03-10)

State: Illinois · Session: 103rd · Bill: HB 2425

Sponsors: Martin J. Moylan, Nabeela Syed

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 Full Text of HB2425

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HB2425 EnrolledLRB104 11854 BAB 21944 b

1 AN ACT concerning regulation.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Illinois Insurance Code is amended by 

5changing Section 236 as follows:

6 (215 ILCS 5/236) (from Ch. 73, par. 848)

7 Sec. 236. Discrimination prohibited. 

8 (a) No life company doing business in this State shall 

9make or permit any distinction or discrimination in favor of 

10individuals among insured persons of the same class and equal 

11expectation of life in the issuance of its policies, in the 

12amount of payment of premiums or rates charged for policies of 

13insurance, in the amount of any dividends or other benefits 

14payable thereon, or in any other of the terms and conditions of 

15the contracts it makes.

16 (b) No life company shall make or permit any distinction 

17or discrimination against individuals with disabilities in the 

18amount of payment of premiums or rates charged for policies of 

19life insurance, in the amount of any dividends or death 

20benefits payable thereon, or in any other terms and conditions 

21of the contract it makes unless the rate differential is based 

22on sound actuarial principles and a reasonable system of 

23classification and is related to actual or reasonably 

HB2425 Enrolled- 2 -LRB104 11854 BAB 21944 b

1anticipated experience directly associated with the 

2disability.

3 (c) No life company shall refuse to insure, or refuse to 

4continue to insure, or limit the amount or extent or kind of 

5coverage available to an individual, or charge an individual a 

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