Florida Statutes, Rules, and Regulations Common to All Lines
From what date does the five-year unclaimed period run for proceeds of a Florida life policy?
Answer and explanation
Answer: B. Section 717.107 measures the period as more than 5 years after the date of death for funds held or owing under a matured or terminated life or endowment policy or annuity contract. Issue date, last contact, and file closure are not the statutory starting point.Source: Fla. Stat. § 717.107 — 717.107 read with the death of the insured
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