Florida Regulations 69O-156.116: Group or Quasi-Group Implications
Current as of: 2024 | Check for updates
|
Other versions
(1) An advertisement of a particular policy shall not state or imply that prospective insureds become group or quasi-group members covered under a group policy and as such enjoy special rates or underwriting privileges, unless such is the fact.
(2) No solicitation of a particular class, such as governmental employees, shall state or imply that the occupational status of group members entitles them to reduced rates on a group or other basis when, in fact, the policy being advertised is sold only on an individual basis at regular rates.
Rulemaking Authority 624.308(1), 626.9611 FS. Law Implemented 624.307(1), 626.9541(1)(a), (b), (e), (k), (l) 626.9641(1) FS. History-New 6-12-88, Formerly 4-46.015, 4-156.116.
(2) No solicitation of a particular class, such as governmental employees, shall state or imply that the occupational status of group members entitles them to reduced rates on a group or other basis when, in fact, the policy being advertised is sold only on an individual basis at regular rates.
Rulemaking Authority 624.308(1), 626.9611 FS. Law Implemented 624.307(1), 626.9541(1)(a), (b), (e), (k), (l) 626.9641(1) FS. History-New 6-12-88, Formerly 4-46.015, 4-156.116.