{"data":{"id":"us-il/215-ilcs-159-40","jurisdiction":"us-il","citation":"215 ILCS 159/40","heading":"Disclosure to insurer.","body":"Prior to the initiation of a plan, transaction, or series of transactions a viatical settlement broker or viatical settlement provider shall fully disclose to an insurer a plan, transaction, or series of transactions to which the viatical settlement broker or viatical settlement provider is a party to originate, renew, continue, or finance a life insurance policy with the insurer for the purpose of engaging in the business of viatical settlements at any time prior to or during the first 2 years after issuance of the policy. The viatical settlement provider, viatical settlement broker, viator, or applicant for a policy shall, when requested, disclose that the prospective insured has undergone a life expectancy evaluation in connection with the issuance of a policy by a person or entity other than the insurer or its authorized representative. Any disclosure required under this Section must be made in writing.","path":["CHAPTER 215 INSURANCE","Viatical Settlements Act of 2009."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=3153\u0026ChapterID=22\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:30Z","sha256":"8a6ad287f3e03039c28afb37daf22df2f58de1b7d6f3523c117e1b60b1962800","source_id":"us-il","stale":false,"prev":"us-il/215-ilcs-159-35","next":"us-il/215-ilcs-159-45"},"notice":"GroundRules: Original legal text. Not legal advice."}