Ill. Admin. Code tit. 50, pt. 5701 - VIATICAL SETTLEMENT PROVIDER AND BROKER REQUIREMENTS (RECODIFIED)

  1. § 5701.10 - Purpose (Recodified)
  2. § 5701.20 - Definitions (Recodified)
  3. § 5701.30 - Filing Procedures for Viatical Settlement Providers (Recodified)
  4. § 5701.40 - Filing Procedures for Viatical Settlement Brokers (Recodified)
  5. § 5701.50 - Standards for Evaluation of Reasonable Payments for Terminally or Chronically Ill Insureds (Recodified)
  6. § 5701.60 - General Rules (Recodified)
  7. § 5701.70 - Prohibited Practices (Recodified)
  8. § 5701.80 - Insurance Company Practices (Recodified)
  9. § 5701.100 - Reporting Requirements (Recodified)
  10. Exhibit A - Viatical Settlement Provider Report and Instructions - All States and Territories (Form VSP-001) (Recodified), version 32
  11. Exhibit B - Viatical Settlement Broker Report and Instructions - All States and Territories (Form VSB-001) (Recodified), version 16
  12. Exhibit C - Viatical Settlement Provider Report and Instructions - Illinois Transactions Only (Form VSP-002) (Recodified), version 11
  13. Exhibit D - Viatical Settlement Broker Report and Instructions - Illinois Transactions Only (Form VSB-002) (Recodified), version 8
  14. Exhibit E - Individual Mortality Report and Instructions - Illinois Transactions Only (Form VSP-003) (Recodified), version 6
  15. Exhibit F - Viatical Settlement Provider Certification (Form VSP-004) (Recodified), version 5
  16. Exhibit G - Viatical Settlement Broker Certification (Form VSB-004) (Recodified), version 5
  17. Exhibit H - Verification of Coverage for Life Insurance Policies (Recodified), version 5

Notes

Ill. Admin. Code tit. 50, pt. 5701

Old Part 5701 (Internal Security Standard and Fidelity Bonds) recodified to 50 Ill. Adm. Code 5460 at 20 Ill. Reg. 6593; new Part 5701 adopted at 30 Ill. Reg. 6376, effective April 3, 2006.

 Amended at 39 Ill. Reg. 4975, effective 3/23/2015. Amended at 39 Ill. Reg. 16161, effective 12/3/2015. Recodified from 50 Ill. Adm. Code 5701 to 50 Ill. Adm. Code 3701 at 42 Ill. Reg. 16457.

AUTHORITY: Implementing and authorized by the Viatical Settlements Act of 2009 [215 ILCS 159 ].

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.

No prior version found.