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FL S1386
Bill
AI Summary
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Expands the prohibition on insurance agents receiving fees or commissions for examining health insurance plans to include all health insurance and health benefit plans, not just group plans
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Increases the maximum face amount for burial/final disposition insurance policies that funeral-related personnel can sell from $12,500 to $21,000
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Updates the baseline year for calculating annual Consumer Price Index adjustments on burial insurance policy limits from 2003 to 2016
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Allows funeral directors, direct disposers, and funeral establishment employees with proper licensing to sell life insurance policies for prearranged funeral services up to the new $21,000 limit plus CPI adjustments
Legislative Description
Insurance Agents
Last Action
Chapter No. 2016-202
4/8/2016
Committee Referrals
Rules2/9/2016
Commerce And Tourism1/28/2016
Banking and Insurance1/14/2016
Full Bill Text
No bill text available