Tex. Insurance Code § 1101.008: ADJUSTMENT OF AMOUNT PAYABLE IF AGE OF INSURED IS UNDERSTATED.
Where this section sits in the code
- INSURANCE CODE
- TITLE 7. LIFE INSURANCE AND ANNUITIES
- SUBTITLE A. LIFE INSURANCE IN GENERAL
- CHAPTER 1101. LIFE INSURANCE
- SUBCHAPTER A. REQUIRED POLICY PROVISIONS
A life insurance policy must provide that if the age of an insured has been understated, the amount payable under the policy is the amount that the premium paid would have purchased if the insured's age had been stated correctly.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Collected 2026-08-27T01:47:21Z. Source file · JSON