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Current as of January 01, 2024 | Updated by Findlaw Staff
Notwithstanding any other provision of this chapter, on a life insurance certificate issued after May 21, 1965, an association may not during any consecutive five-year period increase the rate to more than double the rate charged the insured at the time of the rate increase.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 887.304. Limit on Rate Increases - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-887-304/
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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