1106.001 – APPLICABILITY OF CHAPTER. (a) This chapter
Texas Insurance Code § 1106.001
Summary
This law governs individual life insurance policies issued to Texas residents by authorized insurers, effective for policies lapsing after September 1, 1995. It excludes policies that offer nonforfeiture benefits as defined by the code.
Applies to individual life insurance policies for Texas residents.
Covers policies issued by authorized insurers since September 1, 1995.
Excludes policies with nonforfeiture benefits.
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In simple terms: Learn about Texas's APPLICABILITY OF CHAPTER. (a) This chapter 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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