This law requires insurers to deliver insurance policies or certificates to debtors within 45 days after the debt is incurred. If the insurer does not accept the risk, the debtor must receive a policy or certificate that clearly states this. It primarily affects debtors who are obtaining insurance in conjunction with a loan or credit agreement.
Insurers must deliver policies within 45 days of debt incurrence.
Debtors receive a notice if the insurer does not accept the risk.
Applies to individual policies and group certificates of insurance.
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 shall be delivered to the debtor. 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.