1131.804 – AMOUNTS OF INSURANCE. (a) The amounts of
Texas Insurance Code § 1131.804
Summary
This law mandates that insurance amounts must be determined by a predefined plan, preventing individual selection by policyholders. Additionally, it restricts the insurance amount on a spouse or child to not exceed the insured's eligible amount under the policy.
Insurance amounts must follow a set plan without individual selection.
Spousal or child insurance amounts are limited to the insured's eligibility.
Ensures uniformity in insurance coverage amounts.
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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.
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