Section 4.1103 - 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 a long-term care illness, specified disease, or terminal illness, must 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 Insurance Code § 1111.052, concerning Authority to Pay Accelerated Term Life Benefits, and §1201.003, concerning Applicability of Chapter, and § 4.1102 of this title (relating to Acceleration-of-Life-Insurance: Scope of Benefits).28 Tex. Admin. Code § 4.1103
Adopted by Texas Register, Volume 49, Number 03, January 19, 2024, TexReg 0258, eff. 1/24/2024