Florida Statutes
Fla. Stat. § 627.507 (2025)
Misstatement of age or sex.
✓ 2025 Florida Statutes — current through the 2025 Regular Session
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627.507 Misstatement of age or sex.—The policy shall provide that if it is found that the age or sex of the insured, or of any other individual considered in determining the premium, has been misstated, any amount payable or benefit accruing under the policy shall be such as the premium would have purchased according to the correct sex or age. The calculations shall be in accordance with the insurer’s rate at the date of issue, and at the insurer’s option this may be so specified in the policy.
History.—s. 513, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 410, 420, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.
Notes of Decisions
Cited in 1
case, 2014–2014 · leading case: State Farm Florida Ins. Co. v. Phillips, 134 So. 3d 505 (Fla. 5th DCA 2014).
State Farm Florida Ins. Co. v. Phillips, 134 So. 3d 505 (Fla. 5th DCA 2014). “However, their policy did not incorporate the separate sinkhole loss settlement clause authorized by section 627.507(5)(b), and found in the Phillipses’ policy.”
— 627.507(5)(b) — 1 case
State Farm Florida Ins. Co. v. Phillips, 134 So. 3d 505 (Fla. 5th DCA 2014). “However, their policy did not incorporate the separate sinkhole loss settlement clause authorized by section 627.507(5)(b), and found in the Phillipses’ policy.”
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