No agent, examining physician, or other person shall knowingly or wilfully make any false or fraudulent statement or representation in, or with reference, to any application for life insurance, or shall make any such statement or representation for the purpose of obtaining any fees, commission, money or benefit from or in any life company. Any person who violates any of the provisions of this section shall be guilty of a Class A misdemeanor.
215 ILCS 5/239
Misrepresentations-Penalty
Known as the Standard Nonforfeiture Law
The act spans §§ 215-5-222 to 215-5-245-3 (42 sections).
P.A. 77-2699.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.