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Florida Statute 627.631 - Full Text and Legal Analysis Florida Statute 627.631 | Lawyer Caselaw & Research
Fla. Stat. § 627.631 (2026) Copy Cite Official Site Syfertize CourtListener Amendments
627.631 Third-party ownership.The word “insured,” as used in this part, shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits, and rights provided therein.
History.s. 574, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 481, 497, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.

Cases Citing F.S. 627.631

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·Life Ins. Co. of Georgia v. Lopez, 443 So. 2d 947 (Fla. 1983).

Cited 15 times | Published | Supreme Court of Florida | 1983 Fla. LEXIS 3150

...43 Am.Jur.2d Insurance § 242 (1969); 44 C.J.S. Insurance § 241 (1945). However, respondent has cited no Florida decisional or statutory law establishing such a rule. Indeed, the Florida Insurance Code seems to indicate that there is no such requirement. Section 627.631, Florida Statutes (1979), provides: The word "Insured," as used in this chapter, shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy cov...
...place. [2] Contrary to what the majority finds, there was no allegation that the monthly premiums were actually paid from Mr. Lopez's earnings of about $750.00 per month. [3] Subsequent to the events giving rise to this case, the legislature amended section 627.631 to apply only to Part VI of chapter 627, dealing with disability insurance policies....
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Cited as authority(citing case) (2020)
phrase: "rule_authority"
Cited as authority(citing case) (1990)
phrase: "rule_authority"
Cited as authorityBacon (1987)
phrase: "rule_authority"
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·Brockton v. S. Life & Health Ins. Co., 556 So. 2d 1138 (Fla. 3d DCA 1989).

Cited 1 times | Published | Florida 3rd District Court of Appeal | 14 Fla. L. Weekly 2898, 1989 Fla. App. LEXIS 6995, 1989 WL 149617

...We reverse on the directly contrary holding that the record conclusively established the existence of such an interest as a matter of law. It is well established in Florida that the "insurable interest" which is universally regarded as indispensable to the enforceability of an insurance contract, see § 627.631, Fla....
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Cited as authority(citing case) (2009)
phrase: "rule_authority"
Cited as authority(citing case) (2008)
phrase: "rule_authority"

This Florida statute resource is curated by an Orange Park personal injury and workers' comp lawyer, a Jacksonville, Florida personal injury and workers' compensation attorney (Florida Bar No. 39104). Attorney Syfert regularly works with Chapter 627 in the context of insurance coverage law and represents clients throughout Northeast Florida. For legal consultation, call 904-383-7448.