In Florida, what is mandated for a title insurance policy to be considered valid?

For a title insurance policy to be considered valid in Florida, it is essential that it is issued by a licensed insurer. Title insurance provides protection against losses related to title defects, liens, and other issues that may arise related to ownership of property. Florida law requires that the insurer providing this coverage be properly licensed through the state to ensure compliance with regulatory standards and financial stability. This licensing guarantees that the insurer is authorized to conduct business in Florida and meets the necessary security and operational requirements established by the Florida Office of Insurance Regulation.

While the other elements mentioned in the options, such as the policy being in writing, including heirs and assigns, and stating the policy amount, may be important for clarity and completeness, they are not mandated for the policy's validity in the same way that being issued by a licensed insurer is. The licensed insurer is crucial to ensure that the policy holder is adequately protected and that the title insurance operates within the legal framework established by the state.