Illinois Compiled Statutes 215 ILCS 5/1635 – Licensing and registration
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(a) The Director may issue to a travel insurance business entity that registers travel retailers under its license as described in paragraph (2) of subsection (c) of this Section a producer license as provided in paragraph (6) of subsection (a) of Section 500-35 of this Code. A travel insurance business entity license issued under this Section shall also authorize any employee of the travel insurance business entity to act individually on behalf and under the supervision of the travel insurance business entity licensee with respect to the coverage specified in this Section. Each travel insurance business entity licensed under this Section shall pay the Department a fee of $500 for its initial license and $500 for each renewal license, payable on May 31 annually.
(b) The Director may issue to a travel retailer a limited lines producer license. A travel retailer license issued under this Section shall also authorize any employee of the travel retailer limited line licensee to act individually on behalf and under the supervision of the travel retailer limited line licensee with respect to the coverage specified in this Section.
(b) The Director may issue to a travel retailer a limited lines producer license. A travel retailer license issued under this Section shall also authorize any employee of the travel retailer limited line licensee to act individually on behalf and under the supervision of the travel retailer limited line licensee with respect to the coverage specified in this Section.
Terms Used In Illinois Compiled Statutes 215 ILCS 5/1635
- Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
- individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See Illinois Compiled Statutes 5 ILCS 70/1.36
- Offering and disseminating: means the following:
(1) Providing information to a prospective or
current policyholder on behalf of a limited lines travel insurance entity, including brochures, buyer guides, descriptions of coverage, and price. See Illinois Compiled Statutes 215 ILCS 5/1630 (1) the interruption or cancellation of a trip or | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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(2) the loss of baggage or personal effects; (3) damages to accommodations or rental vehicles; (4) sickness, accident, disability, or death | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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(5) emergency evacuation; (6) repatriation of remains; or (7) any other contractual obligations to indemnify | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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