Florida Statutes, Rules, and Regulations Common to All Lines
An agent writes a life policy and adds a small ancillary coverage to the application, telling the applicant nothing about it, then collects the combined premium. Which practice does Florida law say this is?
Answer and explanation
Answer: C. Section 626.9541(1)(z) defines sliding as charging an applicant for a specific ancillary coverage without the informed consent of the applicant, which is exactly what happened here. Twisting under (1)(l) requires misleading a person into lapsing or surrendering existing coverage, and none existed. Churning under (1)(aa) requires using values from an existing policy to buy another. Rebating under (1)(h) involves giving the insured something of value not specified in the contract.Source: Fla. Stat. § 626.9541 — (1)(z), Sliding
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