Florida Statutes, Rules, and Regulations Pertinent to Life and Annuity Insurance, Including Variable Products
An employer's group life contract omits several provisions Florida requires. Which sections are engaged?
Answer and explanation
Answer: D. Section 627.558 carries the provisions required in group contracts, and is the section a contract missing required terms fails against. Section 627.552 defines who may make up an employee group, section 627.566 supplies the conversion right, and section 627.559 supplies the grace period, each a specific requirement rather than the general list.Source: Fla. Stat. §§ 627.552-627.5575 — 627.552 read with 627.558
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