1201.051 – ENTIRE CONSIDERATION. An individual accident
Texas Insurance Code § 1201.051
Summary
This law requires that individual accident and health insurance policies clearly state all monetary and non-monetary considerations involved. It ensures transparency for policyholders by mandating that this information be included in the policy or application.
Requires full disclosure of policy considerations.
Applies to individual accident and health insurance policies.
Information must be in the policy or application.
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In simple terms: Learn about Texas's ENTIRE CONSIDERATION. An individual accident 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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