Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69O - OIR - Insurance Regulation
Chapter 69O-184 - INSURANCE IN CONNECTION WITH INSTALLMENT SALES
Section 69O-184.014 - Effective Date and Terms of Policy
Universal Citation: FL Admin Code R 69O-184.014
Current through Reg. 50, No. 187; September 24, 2024
All policies of insurance shall be effective the moment a purchaser takes delivery of the property insured, or loan transaction is consummated. Policies or certificates of insurance must be written for the full term for which a premium is charged the purchaser or borrower, in connection with the financing of a purchase, or effecting of a loan.
Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 627.413 FS.
Repromulgated 12-24-74, Formerly 4-4.13, 4-4.013, 4-184.014.
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