Tex. Ins. Code § 1101.013

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

Section 1101.013 - Statement of Maximum Amount Payable Under Family Group Life Insurance Policy

A family group life insurance policy must clearly state:

(1) the maximum amount that is payable to the payee in the policy on the death of an insured or insureds; and

(2) any terms under which an amount other than the maximum amount of the policy is payable.

Tex. Ins. Code § 1101.013

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. 6/1/2003.