215 ILCS 5/1005
2021 Illinois Compiled Statutes|Chapter 215 - INSURANCE|215 ILCS 5/ - Illinois Insurance Code.|Article XL - Insurance Information And Privacy Protection

 (from Ch. 73, par. 1065.705)Sec. 1005.     Notice of Insurance Information Practices.     (A) An insurance  institution or agent shall provide a notice of information practices  to all applicants or policyholders in connection with insurance transactions  as provided below:(1) in the case of an application for insurance, a notice shall be provided  no later than:(a) at the time of the delivery of the insurance policy or certificate  when personal information is collected only from the applicant or from  public records, or(b) at the time the collection of personal information is initiated when  personal information is collected from a source other than  the applicant or public records;(2) in the case of a policy renewal, a notice shall be provided no later  than the policy renewal date, except  that no notice shall be required in connection with a policy renewal if:(a) personal information is collected only from the policyholder or  from public records, or(b) a notice meeting the requirements of this Section has been given within  the previous 24 months; or(3) in the case of a policy reinstatement or change in insurance benefits,  a notice shall be provided no later than the time a request for a policy  reinstatement or change in insurance benefits is received by the insurance  institution, except that no notice shall be required if personal information  is collected only from the policyholder or from public records.(B) The notice required by subsection (A) shall be in writing  and shall state:(1) whether personal information may be collected from persons other than  the individual or individuals proposed for coverage;(2) the types of personal information that may be collected and the types  of sources and investigative techniques that may be used to collect such information;(3) the types of disclosures identified in subsections  (B), (C), (D), (E), (F), (I),  (K), (L) and (N) of Section 1014 of this Article and the  circumstances under which such disclosures may be made without prior authorization;  provided, however,  only those circumstances need be described which occur with such frequency  as to indicate a general business practice;(4) a description of the rights established under Sections 1009 and  1010 of this Article and the manner in which such rights may be exercised; and(5) that information obtained from a report prepared by an  insurance-support organization may be retained by the insurance-support  organization and disclosed  to other persons.(C) In lieu of the notice prescribed in subsection (B), the insurance  institution or agent may provide an abbreviated notice informing the applicant  or policyholder that:(1) personal information may be collected from persons other than the  individual or individuals proposed for coverage,(2) such information as well as other personal or privileged information  subsequently collected by the insurance institution or agent may in certain  circumstances be disclosed to third parties without authorization,(3) a right of access and correction exists with respect to all personal  information collected, and(4) the notice prescribed in subsection (B) will be furnished to the applicant  or policyholder upon request.(D) The obligations imposed by this Section upon an insurance institution  or agent may be satisfied by another insurance institution or agent  authorized to act on its behalf.    (Source: P.A. 82-108.)