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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Sections 1101.051 and 1101.052 do not apply to this section.
(b) This section does not apply to a life insurance policy issued on or after the date determined under Section 1105.002(a) or (b), as applicable.
(c) A level premium life insurance policy may not be issued or sold in this state by any company if the policy provides for more than one year of preliminary term insurance.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1101.056. Preliminary Term Insurance of More Than One Year in Level Premium Policy - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1101-056/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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