Florida Statutes, Rules, and Regulations Pertinent to Life and Annuity Insurance, Including Variable Products
Which rule governs what the insurer whose policy may be replaced must do?
Answer and explanation
Answer: B. Rule 69O-151.008 is titled Duties of the Existing Insurer and governs the insurer whose contract is at risk of replacement. Rule 69O-151.007 covers the replacing insurer, rule 69O-151.201 states purpose and scope, and rule 69O-151.202 carries the disclosure form and churning procedure requirements.Source: Fla. Admin. Code ch. 69O-151 — 69O-151.008, Duties of the Existing Insurer
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