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Texas Insurance Code - INS § 1202.001. Continuous Policies

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A guaranteed renewable insurance policy or a noncancellable insurance policy is considered to be a continuous policy, subject only to the policy terms and conditions, including payment of the policy premium.

(b) A guaranteed renewable insurance policy or a noncancellable insurance policy:

(1) is continued in effect by the payment of the policy premium in accordance with the policy terms and conditions;  and

(2) may not be considered or treated as a renewed policy by the payment of the policy premium.

(c) This section does not apply to a small employer health benefit plan adopted in accordance with Chapter 1501.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 1202.001. Continuous Policies - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1202-001/

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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