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Code · Illinois · Chapter 215 — INSURANCE · Act 5

Sec. 379.1. Unearned premium reserve.

61 words·~1 min read·/il/chapter-215/act-5/379-1

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Sec. 379.1. Unearned premium reserve.
Every insurance company authorized to transact in this State any of the kind or kinds of business enumerated in Class 2 of Section 4 except accident and health insurance shall maintain an unearned premium reserve on all policies and bonds in force which shall be calculated in the manner described in Section 393.1 of this Code.
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