This subchapter applies to all individual life policies that do not provide nonforfeiture benefits issued to Texas residents by insurers licensed in this state, including stipulated premium companies and fraternal benefit societies, that lapse due to the mental incapacity of the insured and that qualify for reinstatement under the eligibility requirements set forth in § 4.1605 of this title (relating to Eligibility Requirements).
28 Tex. Admin. Code § 4.1602