Florida Life InsuranceFlorida, like most states, does not regulate life insurance on the policy level the way that states Departments of Insurance regulate other insurance such as health or auto. Purchasing Florida Life Insurance today is the smartest move you can make to be sure that your loved ones will always be protected, even if you are not there to take care of them. As you shop for Florida Life Insurance you should be aware of the state specific regulations that are in place to protect your rights as a Florida Life Insurance consumer. Why Do I Need Florida Life Insurance?You may wonder why do I even need Florida Life Insurance? Take a look at these figures. Florida is ranked 21st out of 51 States and The District of Columbia in Life expectancy with a life expectancy of 77.6 years. For every 100,000 people in Florida, over 900 between the ages of 55 and 64 pass away every year. Between the ages of 65 and 74, that more than doubles to around 1900, and at 75 to 84 well over 4000 Floridians die for every 100,000 residing in the state. More on mortality by age, sex and race, and the leading causes of death in Florida can be found at: http://www.cdc.gov/nchs/pressroom/data/Florida09.pdf For more reasons why you should apply for Florida Life Insurance, and for help in finding the best kind of life insurance for your needs, at the best value, take a look at our Family Guide to Life Insurance. Florida Life Insurance SpecificsThe insurance industry in Florida is regulated by specified Title of The State Insurance Code of Florida. The state uses this code to regulate claims and provide certain provisions to protect Florida Life Insurance consumers. Such as: Florida Life Insurance State ResourcesFlorida Department of Insurance - The purpose of the Department of Insurance is to faithfully execute the state insurance laws in a manner that protects insurance consumers and the Florida Life Insurance industry. Florida Life & Disability Insurance Guaranty Association - State guaranty associations are there to provide protection and continuing Florida Life Insurance coverage, even in the event that a life insurance company becomes insolvent. Florida Life Insurance Company Ratings - These companies provide ratings for Florida Life Insurance Companies based on financial strength and past performance |
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