215 ILCS 5/1409: Disclosure.
Where this section sits in the code
- CHAPTER 215 INSURANCE
- Illinois Insurance Code.
A financial institution shall clearly and conspicuously disclose in any written advertisement or promotional or informational material regarding an insurance product that the insurance offered, recommended, sponsored, or sold:
(1) is not a deposit;
(2) is not insured by the Federal Deposit Insurance Corporation, or in the case of a credit union, by the National Credit Union Share Insurance Fund;
(3) is not guaranteed by the financial institution or an affiliated insured depository institution; and
(4) where appropriate, involves investment risk, including potential loss of principal.
Collected 2026-09-15T04:46:30Z. Source file · JSON