(1) “Gross written premiums” means the total amount of premiums paid by the consumer for the entire period of the legal expense insurance contract, including commissions.
(2) “Insurer” means any person authorized to conduct a life or casualty insurance business in this state or a legal expense insurance corporation authorized under ss. 642.011-642.049.
(3) “Legal expense insurance” means a contractual obligation to provide specific legal services, or to reimburse for specific legal expenses, in consideration of a specified payment for an interval of time, regardless of whether the payment is made by the beneficiaries individually or by a third person for them, but does not include the provision of, or reimbursement for, legal services incidental to other insurance coverages.
History.—s. 1, ch. 79-103; s. 2, ch. 81-318; ss. 1, 20, 21, ch. 83-278; ss. 1, 6, 7, ch. 93-147; s. 1634, ch. 2003-261.
Structure Florida Statutes
Chapter 642 - Legal Expense Insurance
642.016 - Chapter Exclusive; Applicability of Other Laws.
642.019 - Organization of Legal Expense Insurance Corporations.
642.021 - Certificate of Authority.
642.022 - Insurance Business Not Authorized.
642.023 - Required Deposit or Bond.
642.025 - Policy and Certificate Forms.
642.0261 - Net Worth Required of Applicants.
642.0262 - Net Worth Required to Maintain Certificate of Authority.
642.029 - Contracts by Insurers.
642.0301 - Filing, License, Statement, and Miscellaneous Fees.
642.032 - Provisions of General Insurance Law Applicable to Legal Expense Insurance Corporations.
642.0331 - Grounds for Suspension or Revocation of Certificate.
642.0334 - Order; Notice of Suspension or Revocation of Certificate; Effect; Publication.
642.0336 - Duration of Suspension; Obligations During Suspension; Reinstatement.
642.0338 - Administrative Fine in Lieu of Suspension or Revocation.
642.034 - License and Appointment Required.
642.036 - Sales Representatives to Be Licensed and Appointed.
642.038 - Reporting and Accounting for Funds.
642.047 - Administrative Fine in Lieu of Suspension or Revocation of License or Appointment.