Current through Reg. 49, No. 44; November 1, 2024
Section 3.127 - Certain Prohibited Provisions(a) Any policy which contains a title, heading, or other indication of its provisions which is misleading will be disapproved. For example, a title, heading, etc., will be misleading if it contradicts the provisions of the policy. A life insurance policy may not be described or referred to as a "bond," nor may premiums be described or referred to as "deposits."(b) The policy may not contain the words "Approved by the Texas Department of Insurance," "Approved by TDI," "Approved by the commissioner of insurance," or words of a similar import or nature.28 Tex. Admin. Code § 3.127
The provisions of this §3.127 adopted to be effective January 1, 1976; amended to be effective September 20, 1982, 7 TexReg 3244; Amended by Texas Register, Volume 47, Number 18, May 6, 2022, TexReg 2759, eff. 5/11/2022