§ 627.551 Group contracts and plans of self-insurance must meet group requirements
§ 627.5515 Out-of-state groups
§ 627.552 Employee groups
§ 627.553 Debtor groups
§ 627.554 Labor union groups
§ 627.555 Trustee groups
§ 627.556 Credit union groups
§ 627.5565 Additional groups
§ 627.5567 Group life insurance; association groups
§ 627.5575 Group life insurance for dependents
§ 627.558 Provisions required in group contracts
§ 627.559 Grace period
§ 627.560 Incontestability
§ 627.561 Application; statements deemed representations
§ 627.562 Insurability
§ 627.563 Misstatement of age
§ 627.564 Payment of benefits
§ 627.565 Certificate
§ 627.566 Conversion on termination of eligibility
§ 627.567 Conversion on termination of policy
§ 627.568 Death pending conversion
§ 627.5685 Continuance of coverage during disability
§ 627.5686 Waiver of premium for disabled insured
§ 627.569 Use of dividends, refunds, rate reductions, commissions, service fees
§ 627.570 Premium rates
§ 627.571 Assignment of incidents of ownership in group life insurance policies, including conversion privileges
§ 627.5725 Notification to insureds of cancellation or expiration
§ 627.573 Replacement or termination of group life insurance; liability of prior insurer
§ 627.574 Liability of succeeding insurer on replacement of group policy
§ 627.575 Extension of benefits

Terms Used In Florida Statutes > Chapter 627 > Part V - Group Life Insurance Policies

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • 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.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Bequest: Property gifted by will.
  • Commissioner: means the Commissioner of Agriculture. See Florida Statutes 582.01
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Council: means the Soil and Water Conservation Council. See Florida Statutes 582.01
  • Department: means the Department of Agriculture and Consumer Services. See Florida Statutes 582.01
  • Dependent: A person dependent for support upon another.
  • Devise: To gift property by will.
  • district: when used in this chapter means and includes a "soil and water conservation district. See Florida Statutes 582.01
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • 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
  • group life insurance policy: include plans of self-insurance providing death benefits. See Florida Statutes 627.551
  • insurance: include the death benefits provided under a plan of self-insurance. See Florida Statutes 627.551
  • Insurer: includes any person or governmental unit providing a plan of self-insurance. See Florida Statutes 627.551
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: includes individuals, children, firms, associations, joint adventures, partnerships, estates, trusts, business trusts, syndicates, fiduciaries, corporations, and all other groups or combinations. See Florida Statutes 1.01
  • Personal property: All property that is not real property.
  • Quorum: The number of legislators that must be present to do business.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • soil and water conservation district: means a governmental subdivision of this state and a body corporate and politic, organized in accordance with the provisions of this chapter for the purpose, with the powers, and subject to the provisions set forth in this chapter. See Florida Statutes 582.01
  • Supervisor: means a member of the governing body of a district who is elected in accordance with the provisions of this chapter. See Florida Statutes 582.01
  • Trustee: A person or institution holding and administering property in trust.
  • writing: includes handwriting, printing, typewriting, and all other methods and means of forming letters and characters upon paper, stone, wood, or other materials. See Florida Statutes 1.01