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2010 Florida Statutes
SECTION 4605
Replacement notice.
Replacement notice.
627.4605
Replacement notice.
—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 1that is being replaced by the same insurer pursuant to a program filed with and approved by the office; or
(3)
A term conversion privilege 1that is being exercised among corporate affiliates.
History.
—s. 2, ch. 2010-61.