Tex. Insurance Code § 1106.003: MENTAL INCAPACITY DEFINED.
Where this section sits in the code
- INSURANCE CODE
- TITLE 7. LIFE INSURANCE AND ANNUITIES
- SUBTITLE A. LIFE INSURANCE IN GENERAL
- CHAPTER 1106. REINSTATEMENT OF CERTAIN LIFE INSURANCE POLICIES
In this chapter, "mental incapacity" means a lack of the ability to:
(1) understand and appreciate the nature and consequences of a decision regarding the failure to pay a premium when due; and
(2) reach an informed decision in the matter.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Collected 2026-08-27T01:47:21Z. Source file · JSON