Florida Statute 627.517 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 627
INSURANCE RATES AND CONTRACTS

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F.S. 627.517

627.517 Conversion.—Each industrial life insurance policy delivered or issued for delivery on or after January 1, 1981, shall provide that if, upon the sale of any new industrial life insurance policy, the combined face value of all industrial life insurance policies, including the new policy, issued by any one insurer, insuring any one life and owned by any one person, would exceed $3,000, then the owner shall have the option of merging and converting such industrial life insurance policies into one regularly offered ordinary life insurance policy with the same insurer with no further evidence of insurability required.

History.—s. 523, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; s. 3, ch. 80-156; ss. 2, 3, ch. 81-318; ss. 418, 420, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.

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Amendments to 627.517

Arrestable Offenses / Crimes under Fla. Stat. 627.517

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 627.517.

Annotations, Discussions, Cases:

Cases Citing Statute 627.517

Total Results: 1

Rivers v. Conger Life Insurance Company

Court: District Court of Appeal of Florida | Date Filed: 1969-12-12

Citation: 229 So. 2d 625, 1969 Fla. App. LEXIS 6507

Snippet: Florida Statutes, F.S.A. Sections 627.0501(5), 627.0517 and 627.0528, Florida Statutes, F.S.A. considered