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The Florida Senate

2010 Florida Statutes

F.S. 632.617
632.617

Benefits.

(1)

A society may provide the following contractual benefits:

(a)

Death benefits;

(b)

Endowment benefits;

(c)

Annuity benefits;

(d)

Temporary or permanent disability benefits;

(e)

Hospital, medical, or nursing benefits;

(f)

Monument or tombstone benefits to the memory of deceased members; and

(g)

Such other benefits as authorized for life insurers and which are not inconsistent with this chapter.

(2)

A society shall specify in its rules those members and their dependents or persons in whom a member has an insurable interest who may be issued, or covered by, the contractual benefits set forth in subsection (1). A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.

History.

ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.