Each contract, policy, certificate and handbook must contain a Notice of Occurrence of a Qualifying Event provision. This provision must include the information required by Section 627.6692(5)(d)1., F.S. The beneficiary shall notify the carrier in writing within sixty-three (63) days, as evidenced by postmark, after the occurrence of the qualifying event or the termination of coverage whichever is later.
Rulemaking Authority Florida Statutes § 624.308(1), 627.6692(9) FS. Law Implemented 624.307(1), 627.6692(5) FS. History-New 4-24-97, Formerly 4-154.304, Amended 5-4-06.

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Terms Used In Florida Regulations 69O-154.304

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.