State statute · Florida
Florida Statutes s. 626.99: Life insurance solicitation
Edition and licensing notes
Publisher. Florida Legislature (flsenate.gov)
Status. Florida Statutes, public domain (state government work).
What this document is
Florida Statutes s. 626.99 - Life insurance solicitation is a state statute published by Florida Legislature (flsenate.gov). It is one of the Florida documents that insurance license exam questions are written from, including florida life & health practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- Fla. Stat. § 626.99 (Disclosure Requirements)
“The insurer shall provide to each prospective purchaser a buyer’s guide and a policy summary prior to accepting the applicant’s initial premium or premium deposit, unless the policy for which application is made provides an unconditional refund for at least 14 days, or unless the policy summary...”
- Fla. Stat. § 626.99(2) (Scope; exemptions)
“(a) Except as hereafter exempted, this section shall apply to any solicitation, negotiation, or procurement of life insurance occurring within this state. This section shall apply to any issuer of life insurance contracts, including a fraternal benefit society. (b) Unless they are otherwise...”
- Fla. Stat. § 626.99 (Purpose)
“The purpose of this section is to require insurers to deliver to purchasers of life insurance information which will improve the buyer’s ability to select the most appropriate plan of life insurance for his or her needs, improve the buyer’s understanding of the basic features of the policy which...”
- Fla. Stat. § 626.99(4)(a) (Disclosure Requirements)
“The insurer shall provide to each prospective purchaser a buyer’s guide and a policy summary prior to accepting the applicant’s initial premium or premium deposit, unless the policy for which application is made provides an unconditional refund for at least 14 days, or unless the policy summary...”
- Fla. Stat. § 626.99(7) (Failure to Comply)
“The failure of an insurer to provide or deliver a buyer’s guide or a policy summary as provided in subsection (4) shall constitute an omission which misrepresents the benefits, advantages, conditions, or terms of an insurance policy within the meaning of this part.”
- Fla. Stat. § 626.99(1) (Purpose)
“The purpose of this section is to require insurers to deliver to purchasers of life insurance information which will improve the buyer’s ability to select the most appropriate plan of life insurance for his or her needs, improve the buyer’s understanding of the basic features of the policy which...”
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Questions about this source
More Florida sources
- Florida Administrative Code, Division 69O: chs. 69O-123 (Civil Remedy), 69O-124 (Anti-Coercion), 69O-125 (Unfair Discrimination), 69O-142 (Insurer Conduct), 69O-153 (Deceptive Insurance Practices), 69O-189 (Workers' Compensation), 69O-196 (Premium Finance Companies), 69O-215 (Agents), 69O-220 (Adjusters), 69O-228 (Continuing Education), 69O-230 (General Ethics and Disclosure Requirements) and 69O-231 (Penalty Guidelines for Insurance Representatives) (98 rules, 69O-123.001-69O-231.160)Regulation
- Florida Administrative Code, Division 69O (Office of Insurance Regulation): chs. 69O-166 (Property and Casualty Insurer Practices), 69O-167 (Property and Casualty Insurance Contracts), 69O-170 (Property and Casualty Insurance Rating), 69O-175 (Motor Vehicle Insurance) and 69O-176 (Motor Vehicle Insurance Requirements), 87 of the 89 rules the publisher lists (the two omitted are 69O-170.021 and 69O-170.022, transferred stubs whose .doc file holds a title and nothing else) (87 rules, 69O-166.021-69O-176.022)Regulation
- Florida Statutes s. 626.112 - License and appointment requiredState statute
- Florida Statutes s. 626.2815 - Continuing education requirementsState statute
- Florida Statutes s. 626.611 - Grounds for compulsory refusal, suspension, or revocation of licenseState statute
- Florida Statutes s. 626.621 - Grounds for discretionary refusal, suspension, or revocation of licenseState statute
- Florida Statutes s. 626.641 - Duration of suspension or revocation of licenseState statute
- Florida Statutes s. 626.7451 - Managing general agents; required contract provisionsState statute