Florida Statutes, Rules, and Regulations Common to All Lines
A Florida insurer wants to begin issuing a new life policy form next week. What does section 627.410 require first?
Answer and explanation
Answer: B. Section 627.410(1) provides that a form may not be delivered or issued for delivery in this state unless it has been filed with the office by or on behalf of the insurer and approved by the office. Notice to the Department, an internal actuarial certification, and Commission approval are not what the section requires.Source: Fla. Stat. § 627.410 — 627.410(1), Filing and approval
More florida statutes, rules, and regulations common to all lines questions
- Why does section 626.901 reach a person who merely introduces Florida residents to an unauthorized insurer without handling paperwork?
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- Within Florida's prelicensing coursework for a life licence, how much must address ethics?
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- A beneficiary believes a relative's Florida life proceeds were never claimed. Which body holds unclaimed property in Florida?
- A beneficiary receives a claim denial that cites no policy provision and no factual basis, although the insurer did investigate. Has the insurer complied with 626.9541(1)(i)?
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