Florida Statutes
§ 627.4556 — Life insurance automatic policy loan provision
Florida § 627.4556
This text of Florida § 627.4556 (Life insurance automatic policy loan provision) 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. § 627.4556 (2026).
Text
If an application for an individual life insurance policy provides an option to the applicant for an automatic policy loan against the cash value of the policy to pay the premium on the policy in the event of nonpayment of premium, such option shall be deemed to be elected by the applicant unless the applicant makes an affirmative election not to include this provision in the policy.
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Legislative History
s. 2, ch. 95-142.
Nearby Sections
15
§ 627.011
Short title§ 627.021
Scope of this part§ 627.041
Definitions§ 627.0613
Consumer advocate§ 627.062
Rate standards§ 627.0621
Transparency in rate regulation§ 627.0645
Annual filingsCite This Page — Counsel Stack
Bluebook (online)
Florida § 627.4556, Counsel Stack Legal Research, https://law.counselstack.com/statute/fl/627.4556.