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Florida Statute 627.4615 - Full Text and Legal Analysis
Florida Statute 627.4615 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
F.S. 627.4615 Case Law from Google Scholar Google Search for Amendments to 627.4615

The 2025 Florida Statutes

Title XXXVII
INSURANCE
Chapter 627
INSURANCE RATES AND CONTRACTS
View Entire Chapter
F.S. 627.4615
627.4615 Interest payable on death claim payments.—When a policy provides for payment of its proceeds in a lump sum upon the death of the insured, the payment must include interest, at an annual rate equal to or greater than the Moody’s Corporate Bond Yield Average-Monthly Average Corporate as of the day the claim was received, from the date the insurer receives written due proof of death of the insured. If the method of calculating such index is substantially changed from the method of calculation in use on January 1, 1993, the rate must not be less than 8 percent.
History.—s. 15, ch. 83-288; s. 3, ch. 84-94; ss. 43, 114, ch. 92-318.

F.S. 627.4615 on Google Scholar

F.S. 627.4615 on CourtListener

Amendments to 627.4615


Annotations, Discussions, Cases:

Cases Citing Statute 627.4615

Total Results: 3

Stone v. Jackson National Life Insurance Co.

934 So. 2d 532, 2006 Fla. App. LEXIS 3236, 2006 WL 544542

District Court of Appeal of Florida | Filed: Mar 8, 2006 | Docket: 64845841

Published

alleging a breach of contract and violation of section 627.4615, Florida Statutes (1999), on the ground that

Best Meridian Ins. Co. v. Tuaty

811 So. 2d 777, 2002 WL 384962

District Court of Appeal of Florida | Filed: Mar 13, 2002 | Docket: 1725947

Published

also argues that the trial court misapplied section 627.4615, Florida Statutes in calculating the amount

Great West Life Assurance Co. v. Greene

678 So. 2d 385, 1996 Fla. App. LEXIS 6879, 1996 WL 365711

District Court of Appeal of Florida | Filed: Jul 3, 1996 | Docket: 64766707

Published

although made, was not legally required as section 627.4615, Florida Statutes (1993), states that interest