Florida § 627.4605 Replacement notice

Florida Statutes

§ 627.4605 — Replacement notice

Florida § 627.4605

TitleXXXVII

Ch. 627INSURANCE RATES AND CONTRACTS

This text of Florida § 627.4605 (Replacement notice) 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. § 627.4605 (2026).

Text

A notice to a current insurer of a replacement of a current life insurance policy is not required in a transaction involving:

(1)An application to the current insurer that issued the current policy or contract when a contractual change or conversion privilege is being exercised;

(2)A current policy or contract that is being replaced by the same insurer pursuant to a program filed with and approved by the office; or

(3)A term conversion privilege that is being exercised among corporate affiliates.

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A notice to a current insurer of a replacement of a current life insurance policy is not required in a transaction involving:

(1) An application to the current insurer that issued the current policy or contract when a contractual change or conversion privilege is being exercised;

(2) A current policy or contract that is being replaced by the same insurer pursuant to a program filed with and approved by the office; or

(3) A term conversion privilege that is being exercised among corporate affiliates.