(1) No policy of industrial life insurance shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions as required in s. 627.476 and ss. 627.504-627.521, or provisions which in the opinion of the office are more favorable to the policyholder.
(2) Any such provisions or portions not applicable to single-premium or term policies shall to that extent not be incorporated therein.
History.—s. 509, ch. 59-205; ss. 13, 35, ch. 69-106; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 406, 420, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318; s. 1136, ch. 2003-261.
Structure Florida Statutes
Chapter 627 - Insurance Rates and Contracts
Part IV - Industrial Life Insurance Policies (Ss. 627.501-627.522)
627.503 - Required provisions.
627.505 - Entire contract; statements in application.
627.507 - Misstatement of age or sex.
627.510 - Settlement on proof of death.
627.511 - Authority to alter contract.
627.513 - Facility of payment.
627.514 - Nonforfeiture benefits; certain interim policies.
627.515 - Title of industrial life insurance policy.
627.516 - Advance payment of premiums.