CopyCited 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....
CopyCited 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....