50 Ill. Adm. Code 1704.10
Authorization of Fraternal Benefit Societies to Write Accident and Health Insurance
Section 1704
Section 1704.10
Authorization of Fraternal Benefit Societies to Write Accident and Health
Insurance
No domestic, foreign or alien
fraternal benefit society (except a society providing exclusively for benefits
in case of death or disability resulting solely from accident and which does
not obligate itself to pay natural death or sick benefits), shall write
accident and health insurance under Article XX of the Illinois Insurance Code
pursuant to the authority granted by Section 288 (2) of Article XVII of said
Code unless authorized to do so by its articles of incorporation, constitution
or by-laws.