Tex. Ins. Code § 541.057

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 541.057 - Unfair Discrimination in Life Insurance and Annuity Contracts

Subject to Section 541.058, it is an unfair method of competition or an unfair or deceptive act or practice in the business of insurance to make or permit with respect to a life insurance or life annuity contract an unfair discrimination between individuals of the same class and equal life expectancy regarding:

(1) the rates charged;

(2) the dividends or other benefits payable; or

(3) any of the other terms and conditions of the contract.

Tex. Ins. Code § 541.057

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. 4/1/2005.