This law requires that individual accident and health insurance policies fully state any incorporated documents, such as the insurer's charter or bylaws. It also allows for the inclusion of certain external documents like rate statements or short-rate tables, provided they are referenced in the policy.
Policies must fully state incorporated documents.
Allows reference to rate statements and classification of risks.
Short-rate tables can be included if filed with the department.
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In simple terms: Learn about Texas's INCORPORATION OF OR REFERENCE TO OTHER 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.