1131.402 – ELIGIBLE AGENTS. Agents who are under contract
Texas Insurance Code § 1131.402
Summary
This law outlines the eligibility of agents under contract to receive insurance coverage based on their services and compensation structure. It specifically applies to agents who provide personal services for a commission or fixed compensation.
Eligibility based on contractual relationship with the principal.
Applies to agents providing personal services.
Coverage determined by compensation structure and service conditions.
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In simple terms: Learn about Texas's ELIGIBLE AGENTS. Agents who are under contract 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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