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Florida Statutes § 627.573 — Replacement or termination of group life insurance; liability of prior insurer.

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From the Legislature's 2026 edition, which includes changes effective through January 1, 2027. Later effective dates are retained in each section's source notes.

2026 edition · Chapter 627 — INSURANCE RATES AND CONTRACTS

Part V — GROUP LIFE INSURANCE POLICIES

When an insurance purchaser replaces or terminates an existing group life contract, the prior insurer remains liable only to the extent of its accrued liabilities and extensions of benefits as required by s. 627.575.

History

History.—s. 1, ch. 74-72; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 1, 3, ch. 79-179; ss. 2, 3, ch. 81-318; ss. 448, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.

Source captured on 2026-10-10. Read the official chapter.

Chapter 627 · Collection coverage

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