Tex. Ins. Code § 1151.056

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1151.056 - Adjustment of Amount Payable If Age of Insured Is Misstated

An industrial life insurance policy must provide that, if the age of the insured is misstated, the amount payable under the policy is the amount of insurance that the premium paid would have purchased if the insured's age had been stated correctly.

Tex. Ins. Code § 1151.056

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. 6/1/2003.