Florida Regulations 69O-149.020: Purpose and Scope
Current as of: 2024 | Check for updates
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The purpose of this part is to establish filing procedures to assist insurers and the Office in preparing and processing life, annuity, accident, and health insurance form filings. This part shall apply to all form filings of policies and applications for accident and health insurance, including outlines of coverage, and of all form filings for life insurance and annuities submitted to the Office for review. Except for subparagraphs 69O-149.021(1)(b)1., 2., and 6.-8., F.A.C., this part shall not apply to any filings of amendments, endorsements, or riders, or to any medicare supplement filings.
Rulemaking Authority 624.308 FS. Law Implemented Florida Statutes § 627.410. History-New 10-29-91, Amended 4-18-94, 5-15-96, Formerly 4-149.020.
Rulemaking Authority 624.308 FS. Law Implemented Florida Statutes § 627.410. History-New 10-29-91, Amended 4-18-94, 5-15-96, Formerly 4-149.020.
Terms Used In Florida Regulations 69O-149.020
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.