The 2023 Florida Statutes (including Special Session C)

Title XXXVII
INSURANCE

Chapter 627
INSURANCE RATES AND CONTRACTS

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F.S. 627.507

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.

F.S. 627.507 on Google Scholar

F.S. 627.507 on Casetext

Amendments to 627.507

Arrestable Offenses / Crimes under Fla. Stat. 627.507

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 627.507.

Annotations, Discussions, Cases:

Cases from cite.case.law:

STATE FARM FLORIDA INSURANCE COMPANY, v. PHILLIPS, 134 So. 3d 505 (Fla. Dist. Ct. App. 2014)

. . . their policy did not incorporate the separate sinkhole loss settlement clause authorized by section 627.507 . . .

MASSACHUSETTS CASUALTY INSURANCE COMPANY, a v. B. FORMAN,, 516 F.2d 425 (5th Cir. 1975)

. . . insured has been misstated, § 627.456 (life insurance), § 627.468 (annuity and endowment contracts), § 627.507 . . .