{"data":{"id":"us-fl/fla.-stat.-627.480","jurisdiction":"us-fl","citation":"Fla. Stat. § 627.480","heading":"Cash payments of single-premium life policies.","body":"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.\nHistory.—s. 1, ch. 70-66; s. 1, ch. 70-439; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 402, 404, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318; s. 1132, ch. 2003-261.","path":["CHAPTER 627 INSURANCE RATES AND CONTRACTS"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0627/0627.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:10:50Z","sha256":"76986e0fe3812515f5680c98c1fb21dcddb440f51a2f09182eb492b1df47c7d6","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-627.479","next":"us-fl/fla.-stat.-627.481"},"notice":"GroundRules: Original legal text. Not legal advice."}