Exams / Illinois Life Insurance Producer License / 215 ILCS 5/154.5

215 ILCS 5/154.5 — what it says, and how the exam tests it

This section is cited by 3 of our practice questions and is tested on 5 exams including the Illinois Life Insurance Producer License.

The text

215 ILCS 5/154.5. (from Ch. 73, par. 766.5) Sec. 154.5. Improper Claims Practices) It is an improper claims practice for any domestic, foreign or alien company transacting business in this State to commit any of the acts contained in Section 154.6 if: (a) it is committed knowingly in violation of this Act or any rules promulgated hereunder; or (b) It has been committed with such frequency to indicate a persistent tendency to engage in that type of conduct. (Source: P.A. 80-926.)

Public record. Read the full, current section at the official source: www.ilga.gov

How it comes up on the exam

Practice questions written from this section — answers and explanations are in the drill.

  1. Under Section 154.5 of the Illinois Insurance Code, an insurer's act constitutes an improper claims practice if it is committed knowingly in violation of the Act OR if it has been committed with what characteristic?
    drill Illinois Statutes and Regulations Common to All Lines →
  2. Under Section 154.5, an act constitutes an improper claims practice when it is committed knowingly in violation of the Act OR when which additional condition is met?
    drill Illinois Statutes and Regulations Common to Property and Casualty Insurance →
  3. Under Section 154.5, an insurer's conduct constitutes an improper claims practice if it has been committed with such frequency as to indicate what?
    drill Illinois Statutes and Regulations Common to Property and Casualty Insurance →

Exams that test this section