Florida Regulations 69O-163.0076: Provisions Required in Group Contracts
Current as of: 2024 | Check for updates
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All Group Credit Disability contracts shall conform to Florida Statutes § 627.558, and shall contain the substance of the following statutory provisions (as appropriate):
(1) 627.559 – Grace period.
(2) 627.560 – Incontestability.
(3) 627.561 – Application: statements deemed representations.
(4) 627.562 – Insurability.
(5) 627.563 – Misstatement of age.
Rulemaking Authority 624.308(1), 627.678 FS. Law Implemented 624.307(1), 627.558(1) FS. History-New 2-11-03, Formerly 4-163.0076.
Terms Used In Florida Regulations 69O-163.0076
- Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
(2) 627.560 – Incontestability.
(3) 627.561 – Application: statements deemed representations.
(4) 627.562 – Insurability.
(5) 627.563 – Misstatement of age.
Rulemaking Authority 624.308(1), 627.678 FS. Law Implemented 624.307(1), 627.558(1) FS. History-New 2-11-03, Formerly 4-163.0076.