Florida Regulations 69O-162.001: Scope
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The following Rules and Regulations shall govern the issuance and delivery of Variable Annuity Contracts pursuant to the authority set forth in Chapter 627, Part XIV, Florida Statutes.
Specific Authority 627.805 FS. Law Implemented Florida Statutes § 627.801. History-Repromulgated 12-24-74, Formerly 4-10.01, 4-10.001, 4-162.001.
Specific Authority 627.805 FS. Law Implemented Florida Statutes § 627.801. History-Repromulgated 12-24-74, Formerly 4-10.01, 4-10.001, 4-162.001.
Terms Used In Florida Regulations 69O-162.001
- 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.