The Business of Life Insurance is hereby declared to be a public trust in which service all agents of all companies have a common obligation to work together in serving the best interests of the insuring public, by understanding and observing the laws governing Life Insurance in letter and in spirit by presenting accurately and completely every fact essential to a client’s decision, and by being fair in all relations with colleagues and competitors always placing the policyholder’s interests first.
Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 626.797 FS. History-New 12-24-74, Formerly 4-9.01, 4-9.001, 4-215.210.

Terms Used In Florida Regulations 69B-215.210

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.