§485.EXHIBIT B. Verification of Malpractice Insurance

STATE OF ILLINOIS

OFFICE OF THE ATTORNEY GENERAL

CONSUMER FRAUD BUREAU

100 WEST RANDOLPH STREET - FLOOR 12

CHICAGO, ILLINOIS 60601

 

VERIFICATION OF MALPRACTICE INSURANCE

BY IMMIGRATION SERVICE PROVIDER

 

            NOTE:            The Registrant shall not, by completing this form, construe such action as an approval or sanction of the business practices of the Registrant by the State of Illinois or Office of the Attorney General.

 

            Today's Date  ________________

 

Insurance Carrier:

 

______________________________________________________________________________

______________________________________________________________________________

Address, City, Zip Code

 

Policy No.: ________________  Coverage Amount:  $ _________________________________

 

Expiration Date: ________________________________________________________________

 

KNOW ALL PERSONS BY THESE PRESENTS:

 

            That _________________________________________________, (Name of Insured) providing immigration services as defined by Section 2AA of the Illinois Consumer Fraud and Deceptive Business Practices Act [815 ILCS 505/2AA] (hereinafter, "the Act") and located at ______________________________  (address), as insured, and ________________________  (Name of Insurer), are held firmly bound unto the People of the State of Illinois in the penal sum of $100,000, for the payment of which, we bind ourselves, our heirs, executors, successors and assigns, jointly and severally, firmly by these presents.

            The insured is engaged in the business of providing immigration services within the meaning of the Act and is required to furnish verification of malpractice insurance coverage.

            Violation of the Act by the insured shall constitute malpractice notwithstanding any exclusionary clauses in the policy statement of said malpractice insurance coverage, a copy of which is attached hereto and incorporated herein as Exhibit A.

            The Attorney General or State's Attorney of any County may bring an action against the insured for violations of the Act, and the insured shall be obligated for any and all judgments entered against the insured.

            The liability of insurer for indemnifying any claim shall be limited to actual damages arising from insured's violation of the Act.

            The aggregate liability of the insurer on all claims whatsoever shall not exceed the amount of this policy.

            This policy is executed by the insurer to comply with the provisions of the Act, and the policy shall be subject to all of the terms and provisions thereof.

            IN WITNESS WHEREOF, the named insured, by a duly authorized officer or representative, has hereunto set its seal, and the named insurer has caused these presents to be signed by its duly authorized officer this _____ day of_____________, ____.

 

Insured				Insurer
By:				By:
	Signature of officer				Signature of officer
	or agent				or agent
	Address				Address
	City, State, Zip Code				City, State, Zip Code
						Notary Public
	(Seal)

 

*    *    *

 

AN IMMIGRATION SERVICE PROVIDER IS REQUIRED TO CONTINUOUSLY MAINTAIN MALPRACTICE INSURANCE WITH MINIMUM COVERAGE OF $100,000, OR A SURETY BOND IN THE AMOUNT OF $100,000.  THE PROVIDER SHALL ALSO MAINTAIN A SURETY BOND FOR A PERIOD OF 2 YEARS FOLLOWING THE DATE ON WHICH IT CEASES OPERATIONS.