3357769, 69O-149.002 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 3357769

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

FILING OF FORMS AND RATES FOR LIFE/HEALTH INSURANCE

Overview

RULE:

69O-149.002

Scope and Applicability

PURPOSE:

The purpose is to define the manner for a company to determine compliance with the incidental standard for accelerated death benefit riders and exemption from certain health filing requirements.  The amended language is consistent with the NAIC interstate compact standard for defining incidental for accelerated death benefits.

SUBJECT:

Waiver of required annual health filings for accelerated death benefit riders.

RULEMAKING AUTHORITY:

624.308(1), 627.410(6)(b) , FS.

LAW:

624.307(1), 627.402, 627.410(1), (2), (6), (7), 627.411(1)(e), (2), 627.6515(2)(a), 627.6699, FS.

PRINT PUBLISH DATE:

1/12/2007 Vol. 33/02

RELATED STATUTES
AND LAWS:

624.308(1), 627.410(6)(b) , FS., 624.307(1), 627.402, 627.410(1), (2), (6), (7), 627.411(1)(e), (2), 627.6515(2)(a), 627.6699, FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://www.flrules.org/gateway/ruleno.asp?id=69O-149.002&PDate=1/12/2007&Section=1

REFERENCE MATERIALS:

No reference(s).

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