28 Tex. Admin. Code § 3.4303

Current through Reg. 49, No. 44; November 1, 2024
Section 3.4303 - Required Policy Definitions; Evidence of Total and Permanent Disability
(a) Acceleration-of-life-insurance benefits, and the illness, condition, care or confinement necessary to evidence that the insured has either a long-term care illness, specified disease or terminal illness, shall be clearly defined in the life insurance contract consistently with this subchapter.
(b) Such illness, condition, care, or confinement is evidence of total and permanent disability for purposes of meeting the standards for providing acceleration-of-life-insurance benefits set forth in the Insurance Code, § 1111.052 and § 1201.003, and § 3.4302 of this title (relating to Acceleration-of-Life-Insurance: Scope of Benefits).

28 Tex. Admin. Code § 3.4303

The provisions of this §3.4303 adopted to be effective March 1, 1998, 23 TexReg 1585; transferred effective April 16, 1999, 24 TexReg 3092; amended to be effective June 23, 2008, 33 TexReg 4884