| 1 | Representative Ritter offered the following: |
| 2 |
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| 3 | Amendment (with title amendment) |
| 4 | On page 209, between lines 5 and 6, insert: |
| 5 | Section 167. Subsection (3) of section 626.785, Florida |
| 6 | Statutes, is amended to read: |
| 7 | 626.785 Qualifications for license.-- |
| 8 | (3) Notwithstanding any other provisions of this chapter, |
| 9 | a funeral director, a direct disposer, or an employee of a |
| 10 | funeral establishment which holds a certificate of authority |
| 11 | pursuant to s. 497.405 may obtain an agent's license to sell |
| 12 | only policies of life insurance covering the expense of a |
| 13 | prearrangement for funeral services or merchandise so as to |
| 14 | provide funds at the time the services and merchandise are |
| 15 | needed. The face amount of insurance covered by any such policy |
| 16 | shall not exceed $12,500 plus an annual percentage increase |
| 17 | based on the Annual Consumer Price Index compiled by the U.S. |
| 18 | Department of Labor, beginning with the Annual Consumer Price |
| 19 | Index announced by the U.S. Department of Labor for the year |
| 20 | 2004 $7,500. |
| 21 |
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| 22 | ================= T I T L E A M E N D M E N T ================= |
| 23 | On page 16, line(s) 1, after the semicolon, insert: |
| 24 | amending s. 626.785, F.S.; revising a required insurance amount |
| 25 | for certain agent's licenses; |