1131.758 – CERTAIN POLICIES AND PLANS UNAFFECTED. This
Texas Insurance Code § 1131.758
Summary
This law clarifies that certain insurance policies and plans established before August 28, 1961, remain unaffected by changes in the subchapter. It specifically protects policies issued prior to this date and certain employee life insurance plans that were legal at the time of issuance.
Protects policies issued before August 28, 1961.
Covers specific employee life insurance plans in effect before this date.
Ensures certain premium collection plans remain valid.
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In simple terms: Learn about Texas's CERTAIN POLICIES AND PLANS UNAFFECTED. This 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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