Florida § 627.558 - Provisions required in group contracts.
Full text of Florida Florida Statutes § 627.558 — Provisions required in group contracts., with citation guidance and answers to common questions.
§ 627.558. Provisions required in group contracts.
No policy of group life insurance shall be delivered in this state unless it contains in substance the provisions set forth in ss. 627.559-627.568 or provisions which in the opinion of the office are more favorable to the persons insured, or at least as favorable to the persons insured and more favorable to the policyholder; except that: (1) Sections 627.564-627.568 inclusive do not apply to policies issued to a creditor to insure debtors of such creditor; (2) The standard provisions required for individual life insurance policies do not apply to group life insurance policies; and (3) If the group life insurance policy is on a plan of insurance other than the term plan, it shall contain a nonforfeiture provision or provisions which in the opinion of the office is or are equitable to the insured persons and to the policyholder, but nothing in this section shall be construed to require that group life insurance policies contain the same nonforfeiture provisions as are required for individual life insurance policies.
Frequently Asked Questions About Florida § 627.558
What does Florida Statutes § 627.558 cover?
Section 627.558 ("Provisions required in group contracts.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 627.558?
A common citation format is "Florida Statutes § 627.558" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 627.558 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.