Where replacement is or may be involved, the agent shall:
(1) Present to the applicant, not later than at the time of taking the application, a Form OIR-B2-312 "Notice to Applicant Regarding Replacement of Life Insurance" rev. 1-91 as described in Exhibit A adopted in rule 69B-151.010, F.A.C. The Notice must be signed by the applicant and the agent and left with the applicant.(2) Leave with the applicant the original or a copy of all Sales Proposals used for presentation to the applicant.(3) Submit to the replacing insurer with the application, a completed copy of the Form OIR-B2-312 "Notice to Applicant Regarding Replacement of Life Insurance" rev. 1-91 (Exhibit A), adopted in rule 69B-151.010, F.A.C., and a copy of all Sales Proposals used for presentation to the applicant.Fla. Admin. Code Ann. R. 69B-151.006
Rulemaking Authority 624.308, 626.9611, 626.9641 FS. Law Implemented 624.307(1), 626.9521, 626.9541, 626.9641 FS.
New 7-9-81, Formerly 4-24.04, Amended 2-2-83, Formerly 4-24.15, 4-24.015, 4-151.006, Amended by Florida Register Volume 41, Number 241, December 15, 2015 effective 12/31/2015.New 7-9-81, Formerly 4-24.04, Amended 2-2-83, Formerly 4-24.15, 4-24.015, 4-151.006, Amended 12-31-15.