Tex. Ins. Code § 1106.008

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1106.008 - Reduction in Benefits

If there is an uncontroverted claim for benefits in an amount that exceeds the amount of premiums and interest owed and unpaid under a policy that is eligible for reinstatement under this chapter, the insurer shall pay the amount of benefits owed reduced by the amount of premiums and interest owed and unpaid on the date the benefits are paid.

Tex. Ins. Code § 1106.008

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