1151.003 – APPLICABILITY OF CHAPTER TO POLICY PROVIDING
Texas Insurance Code § 1151.003
Summary
This law clarifies that if an industrial life insurance policy includes accident and health benefits, the regulations apply only to the life insurance aspect. It affects insurers and policyholders regarding the scope of coverage under such policies.
Applies to industrial life insurance policies with additional benefits.
Regulations focus solely on life insurance benefits.
Excludes accident and health benefits from this chapter's provisions.
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In simple terms: Learn about Texas's APPLICABILITY OF CHAPTER TO POLICY PROVIDING 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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