SECTION 627.0665. Automatic bank withdrawal agreements; notification required.

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1Any insurer licensed to issue insurance in the state who has an automatic bank withdrawal agreement with an insured party for the payment of insurance premiums for any type of insurance shall give the named insured at least 15 days advance written notice of any increase in policy premiums prior to any automatic bank withdrawal of an increased premium.

History.-ss. 1, 2, ch. 88-320; s. 114, ch. 92-318.

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Cited by Court Cases:

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