Florida Statutes 627.6651 – Replacement or termination of group, blanket, or franchise health policy or contract; liability of prior insurer
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 627.6651
- Contract: A legal written agreement that becomes binding when signed.
- insurance: include the benefits provided under a plan of self-insurance. See Florida Statutes 627.652
- insurer: includes any person or governmental unit providing a plan of self-insurance. See Florida Statutes 627.652
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
When a purchaser of insurance terminates or replaces an existing group, blanket, or franchise health insurance policy or contract with another such policy, the prior insurer shall remain liable only to the extent of its accrued liabilities and extensions of benefits as required by s. 627.667.