There Is a Newer Version
of
the Florida Statutes
2002 Florida Code
TITLE XXXVII INSURANCE
Chapter 627 INSURANCE RATES AND CONTRACTS
PART IV INDUSTRIAL LIFE INSURANCE POLICIES (ss. 627.501-627.522)
627.507 Misstatement of age or sex.
627.507 Misstatement of age or sex.--The policy shall provide that if it is found that the age or sex of the insured, or of any other individual considered in determining the premium, has been misstated, any amount payable or benefit accruing under the policy shall be such as the premium would have purchased according to the correct sex or age. The calculations shall be in accordance with the insurer's rate at the date of issue, and at the insurer's option this may be so specified in the policy.
History.--s. 513, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 410, 420, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.
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