Tex. Ins. Code § 1153.152

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1153.152 - Forms of Credit Accident and Health Insurance

Credit accident and health insurance may be issued only as:

(1) an individual policy of accident and health insurance issued to a debtor on a term plan;

(2) a disability benefit provision in an individual policy of credit life insurance;

(3) a group policy of accident and health insurance issued to a creditor on a term plan insuring debtors; or

(4) a disability benefit provision in a group policy of credit life insurance.

Tex. Ins. Code § 1153.152

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