Bill > SB2440

This bill amends the Illinois Funeral or Burial Funds Act to define and regulate "transportation protection agreements," which are agreements primarily focused on preparing and transporting human or cremated remains. The bill specifically exempts these transportation protection agreements from the Illinois Insurance Code, meaning they will not be subject to insurance regulations. The legislation also expands existing exemptions to include merchandise delivered within 30 days of purchase and transportation protection agreements, in addition to the previously exempted pre-need cemetery sales. The bill modifies language related to pre-need contracts, changing terminology from "future use" to "future delivery" when referring to sales proceeds for funeral services and merchandise. The amendment provides clarity on how funds are handled in pre-need funeral contracts and introduces a new definition for transportation protection agreements, which appear to be a specific type of service arrangement related to handling and moving human remains.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2440&GAID=18&DocTypeID=SB&SessionID=114&GA=104