1101.155 – CASH VALUE TABLE. A life insurance policy to
Texas Insurance Code § 1101.155
Summary
This law requires life insurance policies to include a cash value table detailing the policy's cash value and options for policyholders who default on premium payments. It affects life insurance providers and their policyholders by ensuring transparency regarding cash values for the first 20 years of the policy.
Requires cash value table for life insurance policies.
Details options for policyholders who default on payments.
Applies for the first 20 years of the policy.
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In simple terms: Learn about Texas's CASH VALUE TABLE. A life insurance policy to law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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