Cash payments of single-premium life policies.

F.S. 627.480
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Premiums for single-premium life insurance policies shall be paid in cash. This section is not applicable to the use of dividends to purchase paid-up additional insurance or to such other usual and customary methods of paying for life insurance as may be permitted by rule of the commission.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter627/AllFetched: 7/8/2026

Starting a business in Florida? Florida LLC guide: costs and requirements