Florida Administrative Code (Last Updated: April 18, 2024) |
69. Department of Financial Services |
69B. Division of Insurance Agent and Agency Services |
69B-151. Requirements For Replacement Of Life And Health Coverage |
Effective on Wednesday, July 8, 1981
1Each agent shall submit to the insurer with or as a part of each application for life insurance:
19(1) A statement signed by the applicant as to whether or not such insurance will replace existing life insurance; and,
39(2) A signed statement as to whether or not the agent knows replacement is or may be involved in the transactions.
60Rulemaking Authority 62624.308, 63626.9611, 64626.9641 FS. 66Law Implemented 68624.307(1), 69626.9521, 70626.9541, 71626.9641 FS. 73History–New 7-8-81, Formerly 4-24.04, 4-24.14, 4-24.014, 4-151.005.