Florida § 627.8015 “Indeterminate value contracts” and “variable contracts” defined

Florida Statutes

§ 627.8015 — “Indeterminate value contracts” and “variable contracts” defined

Florida § 627.8015

TitleXXXVII

Ch. 627INSURANCE RATES AND CONTRACTS

This text of Florida § 627.8015 (“Indeterminate value contracts” and “variable contracts” defined) 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. § 627.8015 (2026).

Text

For the purposes of this part:

(1)“Indeterminate value contracts” means annuity contracts, life insurance contracts, and contracts upon the lives of beneficiaries under life insurance contracts when such annuities or contracts provide variable or indeterminate benefits, values, or premiums.

(2)“Variable contracts” means indeterminate value contracts for which assets are held in a separate account.

Free access — add to your briefcase to read the full text and ask questions with AI

For the purposes of this part:

(1) “Indeterminate value contracts” means annuity contracts, life insurance contracts, and contracts upon the lives of beneficiaries under life insurance contracts when such annuities or contracts provide variable or indeterminate benefits, values, or premiums.

(2) “Variable contracts” means indeterminate value contracts for which assets are held in a separate account.