Florida Statutes
§ 625.321 — Policy loans
Florida § 625.321
This text of Florida § 625.321 (Policy loans) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Fla. Stat. § 625.321 (2026).
Text
A life insurer may lend to its policyholder, upon pledge of the policy as collateral security, any sum not exceeding the cash loan value of the policy; or may lend against pledge or assignment of any of its supplementary contracts or other contracts or obligations, so long as the loan is adequately secured by such pledge or assignment. Loans so made are eligible investments of the insurer.
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Legislative History
s. 146, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 122, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.
Nearby Sections
15
§ 625.01115
Definitions§ 625.012
“Assets” defined§ 625.031
Assets not allowed§ 625.041
Liabilities, in general§ 625.051
Unearned premium reserve§ 625.081
Reserve for health insurance§ 625.091
Losses and loss adjustment expense reserves; liability insurance and workers’ compensation insurance§ 625.101
Increase of inadequate loss reserves§ 625.111
Title insurance reserve§ 625.1212
Valuation of policies and contracts issued on or after the operative date of the valuation manual§ 625.1214
Use of confidential information§ 625.141
Valuation of bondsCite This Page — Counsel Stack
Bluebook (online)
Florida § 625.321, Counsel Stack Legal Research, https://law.counselstack.com/statute/fl/625.321.