The 2023 Florida Statutes (including Special Session C)

Title XXXVII
INSURANCE

Chapter 624
INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONS

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F.S. 624.602

624.602 “Life insurance,” “life insurer” defined.—

(1) “Life insurance” is insurance of human lives. The transaction of life insurance includes also the granting of annuity contracts, including, but not limited to, fixed or variable annuity contracts; the granting of endowment benefits, additional benefits in event of death or dismemberment by accident or accidental means, additional benefits in event of the insured’s disability; and optional modes of settlement of proceeds of life insurance. Life insurance does not include workers’ compensation coverages.

(2) A “life insurer” or “life insurance company” is an insurer engaged in the business of issuing life insurance contracts, including contracts of combined life and health and accident insurance.

History.—s. 100, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-295; s. 1, ch. 77-457; s. 82, ch. 79-40; ss. 2, 3, ch. 81-318; ss. 79(1st), 86, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.

F.S. 624.602 on Google Scholar

F.S. 624.602 on Casetext

Amendments to 624.602

Arrestable Offenses / Crimes under Fla. Stat. 624.602

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 624.602.

Annotations, Discussions, Cases:

Cases from cite.case.law:

F. NEGRETE, E. Ow, v. ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA, B. v., 927 F. Supp. 2d 870 (C.D. Cal. 2013)

. . . . § 624.602(1). . . . Stat. § 624.602(1). . . . .

LIBERTY CARE PLAN, v. DEPARTMENT OF INSURANCE,, 710 So. 2d 202 (Fla. Dist. Ct. App. 1998)

. . . See §§ 624.602-624.608. . . .

STATE, DEPARTMENT OF INSURANCE v. GREAT NORTHERN INSURED ANNUITY CORPORATION,, 667 So. 2d 796 (Fla. Dist. Ct. App. 1995)

. . . authority “to regulate the annuity products included in the definition of ‘life insurance’ in section 624.602 . . .

VARIABLE ANNUITY LIFE INSURANCE CO. v. L. CLARKE, NCNB, 998 F.2d 1295 (5th Cir. 1993)

. . . . § 624.602(1) (1990); Ga.Code Ann. § 33-7-4 (1990); Haw.Rev.Stat. § 431:1-204 (1985); Idaho Code §§ . . .