Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69B - Division of Insurance Agent and Agency Services
Chapter 69B-151 - REQUIREMENTS FOR REPLACEMENT OF LIFE AND HEALTH COVERAGE
Section 69B-151.005 - Duties of Agent
Universal Citation: FL Admin Code R 69B-151.005
Current through Reg. 50, No. 187; September 24, 2024
Each agent shall submit to the insurer with or as a part of each application for life insurance:
(1) A statement signed by the applicant as to whether or not such insurance will replace existing life insurance; and,
(2) A signed statement as to whether or not the agent knows replacement is or may be involved in the transactions.
Rulemaking Authority 624.308, 626.9611, 626.9641 FS. Law Implemented 624.307(1), 626.9521, 626.9541, 626.9641 FS.
New 7-8-81, Formerly 4-24.04, 4-24.14, 4-24.014, 4-151.005.
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