Common Contracts
1 similar Premium Finance Agreement contracts
ContractPremium Finance Agreement • May 5th, 2020
(215 ILCS 5/513a2) (from Ch. 73, par. 1065.60a2) Sec. 513a2. Definitions. (a) "Accepted agreement" means a premium finance agreement deemed to be accepted by a premium finance company when a binder number or policy number is provided for each policy premium listed on the premium finance agreement and premium payment book or when the first premium payment notice has been sent to the named insured. (b) "Financing insurance premiums" means to be engaged in the practice of: (1) advancing monies directly or indirectly to an
