 |
Florida Administrative Code (Last Updated: October 28, 2024) |
 |
69. Department of Financial Services |
|
69O. OIR – Insurance Regulation |
|
69O-149. Filing Of Forms And Rates For Life/Health Insurance |
1(1) Filings will be reviewed for compliance with applicable statutes and rules as stated on the forms adopted in Rule 2169O-149.022, 22F.A.C., and will be disapproved for failure to comply. Filings will be disapproved for inconsistencies or ambiguities which are misleading.
42(2) The policy may not reserve the right to change contractual provisions without the written consent of the policyholder unless the nature and parameters of such changes are clearly expressed in the contract.
75(3) A group life or annuity policy may not reserve the right to change contractual provisions which will adversely affect the annuitization benefit for a certificateholder which is attributable to premiums or contributions already made to the contract.
113(4) The insurer shall submit a description of distribution systems (e.g. direct marketing, marketing through agents, marketing through financial or other institutions, etc.), and the intended target population for all product filings.
145Specific Authority 147624.308, 148627.805, 149626.9611 FS. 151Law Implemented 153624.307, 154625.121, 155626.9541, 156626.9641, 157626.99, 158627.410, 159627.411, 160627.474, 161627.476 FS. 163History–New 5-15-96, Formerly 4-149.023, Amended 5-18-04.
