Illinois Administrative Code › Title 14 - COMMERCE › Part 485 - IMMIGRATION SERVICES › Exhibit B - Verification of Malpractice Insurance

Current through Register Vol. 48, No. 28, July 12, 2024
STATE OF ILLINOIS
OFFICE OF THE ATTORNEY
				GENERAL
CONSUMER FRAUD BUREAU
100 WEST RANDOLPH STREET - FLOOR
				12
CHICAGO, ILLINOIS 60601
VERIFICATION OF MALPRACTICE
				INSURANCE
BY IMMIGRATION SERVICE
				PROVIDER
NOTE: The Registrant shall not, by completing
				this form, construe such action as an approval or sanction of the business
				practices of the Registrant by the State of Illinois or Office of the Attorney
				General.
Today's Date ________________
Insurance Carrier:
______________________________________________________________________________
______________________________________________________________________________
Address, City, Zip Code
Policy No.: ________________ Coverage Amount: $
				_________________________________
Expiration Date:
				________________________________________________________________
KNOW ALL PERSONS BY THESE PRESENTS:
That _________________________________________________, (Name
				of Insured) providing immigration services as defined by Section 2AA of the
				Illinois Consumer Fraud and Deceptive Business Practices Act [815 ILCS
				505/2AA ] (hereinafter, "the Act") and located at
				______________________________ (address), as insured, and
				________________________ (Name of Insurer), are held firmly bound unto the
				People of the State of Illinois in the penal sum of $100,000, for the payment
				of which, we bind ourselves, our heirs, executors, successors and assigns,
				jointly and severally, firmly by these presents.
The insured is engaged in the business of providing immigration
				services within the meaning of the Act and is required to furnish verification
				of malpractice insurance coverage.
Violation of the Act by the insured shall constitute
				malpractice notwithstanding any exclusionary clauses in the policy statement of
				said malpractice insurance coverage, a copy of which is attached hereto and
				incorporated herein as Exhibit A.
The Attorney General or State's Attorney of any County may
				bring an action against the insured for violations of the Act, and the insured
				shall be obligated for any and all judgments entered against the
				insured.
The liability of insurer for indemnifying any claim shall be
				limited to actual damages arising from insured's violation of the Act.
The aggregate liability of the insurer on all claims whatsoever
				shall not exceed the amount of this policy.
This policy is executed by the insurer to comply with the
				provisions of the Act, and the policy shall be subject to all of the terms and
				provisions thereof.
IN WITNESS WHEREOF, the named insured, by a duly authorized
				officer or representative, has hereunto set its seal, and the named insurer has
				caused these presents to be signed by its duly authorized officer this _____
				day of_____________, ____.
_________________________
___________________________
Insured
Insured
By:
______________________
By:
______________________
Signature of officer or agent
Signature of officer or agent
_____________________
_____________________
Address
Address
_____________________
_____________________
City, State, Zip Code
City, State, Zip Code
_____________________
Notary Public
(Seal)
* * *
AN IMMIGRATION SERVICE PROVIDER IS REQUIRED TO
				CONTINUOUSLY MAINTAIN MALPRACTICE INSURANCE WITH MINIMUM COVERAGE OF $100,000,
				OR A SURETY BOND IN THE AMOUNT OF $100,000. THE PROVIDER SHALL ALSO MAINTAIN A
				SURETY BOND FOR A PERIOD OF 2 YEARS FOLLOWING THE DATE ON WHICH IT CEASES
				OPERATIONS.