1131.405 – AMOUNTS OF INSURANCE. (a) The amounts of
Texas Insurance Code § 1131.405
Summary
This law mandates that insurance amounts under certain policies must be determined by a standardized plan, preventing agents or principals from individually selecting coverage amounts. It primarily affects group life insurance policies issued to creditors.
Insurance amounts must follow a standardized plan.
Prevents individual selection by agents or principals.
Applies specifically to group life insurance policies.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's AMOUNTS OF INSURANCE. (a) The amounts of law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.