Florida Statutes, Rules, and Regulations Pertinent to Life and Annuity Insurance, Including Variable Products
Which Florida section is devoted to group life insurance for dependants?
Answer and explanation
Answer: A. Section 627.5575 governs group life insurance for dependants. Section 627.5565 covers additional groups, section 627.5567 covers association groups, and section 627.556 covers credit union groups, each concerning who may form an eligible group rather than dependent coverage.Source: Fla. Stat. §§ 627.551-627.5575 — 627.5575, Dependants as a distinct subject
More florida statutes, rules, and regulations pertinent to life and annuity insurance, including variable products questions
- An employer's group life contract omits several provisions Florida requires. Which sections are engaged?
- An employer's group life plan covers employees and wishes to add their spouses and children. Which sections are engaged?
- An insured aged 68 misses a Florida individual life premium. In what order do the grace period and the lapse notice operate?
- An insured aged 70 misses a premium and the grace period expires. Before the policy may lapse, what must the insurer do under section 627.4555?
- An insurer agrees a settlement in writing and then withholds payment for months without explanation. Which two Florida provisions bear on that?
- An insurer wishes to contest coverage on a group member after two years, relying on what the member said about eligibility. What does section 627.560 require?
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