(1) A life insurer shall provide an individual life insurance policyholder with a statement informing him or her that if he or she is considering making changes in the status of his or her policy, he or she should consult with a licensed insurance or financial advisor. The statement may accompany or be included in notices or mailings otherwise provided to the policyholder.
(2) The statement must also advise the policyholder that he or she may contact the department for more information and include a website address or other location or manner by which the policyholder may contact the department.
History.—s. 12, ch. 2017-178.
Structure Florida Statutes
Chapter 626 - Insurance Field Representatives and Operations
Part X - Viatical Settlements (Ss. 626.991-626.99295)
626.9912 - Viatical settlement provider license required; application for license.
626.9913 - Viatical settlement provider license continuance; annual report; fees; deposit.
626.9916 - Viatical settlement broker license required.
626.99175 - Life expectancy providers; registration required; denial, suspension, revocation.
626.99181 - Viatical settlement broker’s compensation.
626.9919 - Notice of change of licensee or registrant’s address or name.
626.9921 - Filing of forms; required procedures; approval.
626.9923 - Viatical settlement contracts; required disclosures.
626.9924 - Viatical settlement contracts; procedures; rescission.
626.99245 - Conflict of regulation of viaticals.
626.9926 - Rate regulation not authorized.
626.9927 - Unfair trade practices; cease and desist; injunctions; civil remedy.
626.99272 - Cease and desist orders and fines.
626.99275 - Prohibited practices; penalties.
626.99278 - Viatical provider anti-fraud plan.
626.99285 - Applicability of insurance code.
626.99287 - Contestability of viaticated policies.
626.99289 - Void and unenforceable contracts, agreements, arrangements, and transactions.
626.99291 - Contestability of life insurance policies.