HB3595

Illinois HB3595 regulates pet insurance policies, requiring disclosure of exclusions, waiting periods, and other policy details to consumers.

HB3595 amends the Illinois Insurance Code to establish regulations for pet insurance. It mandates that pet insurers clearly disclose any exclusions, such as preexisting conditions, hereditary disorders, congenital anomalies, or chronic conditions, to consumers. Insurers must also inform consumers if the policy includes any other exclusions. Waiting periods for illnesses or orthopedic conditions not resulting from an accident are limited to 30 days, but waiting periods for accidents are prohibited. Insurers must disclose the basis for determining claim payments and usual and customary fees.