Bill Title: Amends the Illinois Funeral or Burial Funds Act. Provides that no provider of a pre-need contract shall include in the terms of the contract a date by which the pre-need contract must be claimed by a beneficiary. Further provides that a beneficiary shall be paid the proceeds of a pre-need contract only under circumstances that result in the termination of a contract such as the death of the purchaser or withdrawal by the purchaser or beneficiary.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2014-12-03 - Session Sine Die [HB5811 Detail]

Text: Latest bill text (Introduced) [HTML]

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