Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Insurance Code § 1153.156: LIMITS ON AMOUNT OF CREDIT ACCIDENT AND HEALTH INSURANCE.

Where this section sits in the code

INSURANCE CODE
TITLE 7. LIFE INSURANCE AND ANNUITIES
SUBTITLE C. SPECIALIZED COVERAGES
CHAPTER 1153. CREDIT LIFE INSURANCE AND CREDIT ACCIDENT AND HEALTH INSURANCE
SUBCHAPTER D. CREDIT INSURANCE REQUIREMENTS

(a) The total amount of indemnity payable by credit accident and health insurance may not exceed the total amount of debt repayable under the contract that evidences the credit transaction.

(b) The amount of a periodic indemnity payment may not exceed the scheduled periodic installment payment on the debt.

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

Collected 2026-08-27T01:47:21Z. Source file · JSON

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