The 2023 Florida Statutes (including Special Session C)

Title XXXVII
INSURANCE

Chapter 627
INSURANCE RATES AND CONTRACTS

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F.S. 627.802

627.802 Establishment and maintenance of separate accounts.—A domestic life insurance company may establish one or more separate accounts and allocate thereto amounts, including without limitation proceeds applied under optional modes of settlement or under dividend options, to provide for life insurance or annuities, and benefits incidental thereto, payable in fixed or variable amounts or both. All amounts received by the company which are required by contract to be applied to provide variable benefits or values shall be added to the appropriate separate account. If so provided under applicable contracts, that portion of the assets of any such separate account equal to the reserves and other contract liabilities with respect to the account shall not be chargeable with liabilities arising out of any other business the company may conduct. Any deficit from mortality experience which may arise in any such separate account shall be adjusted by additions to the account by the company so that the assets of the account are always at least equal to the assets required to satisfy the obligations of the company.

History.—s. 2, ch. 61-441; ss. 13, 35, ch. 69-106; s. 1, ch. 73-30; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 587, 593, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.

F.S. 627.802 on Google Scholar

F.S. 627.802 on Casetext

Amendments to 627.802

Arrestable Offenses / Crimes under Fla. Stat. 627.802

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 627.802.

Annotations, Discussions, Cases:

Cases from cite.case.law:

C. EDMONDS, MA v. L. CHAO,, 449 F.3d 51 (1st Cir. 2006)

. . . Section 627.802(e) in the Code of Federal Regulations specifies that, where a determination under the . . .

FLORIDA AGENCY FOR WORKFORCE INNOVATION, v. UNITED STATES DEPARTMENT OF LABOR,, 176 F. App'x 85 (11th Cir. 2006)

. . . . § 627.802(e); Tex. Dep’t of Commerce, 137 F.3d at 332. . . . relevant framework regarding the parties' evidentiary burdens in this case,” as set forth in 20 C.F.R. § 627.802 . . . See 20 C.F.R. § 627.802(e); Tex. Dep’t of Commerce v. U.S. . . . See 20 C.F.R. § 627.802(e). . . .