{"data":{"id":"us-tx/tex.-insurance-code-1101.203","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1101.203","heading":"APPLICABILITY.","body":"(a) This subchapter applies to a life insurance policy issued by an insurer, as defined by Section 1102.001, that contains non-guaranteed charges that may change at the discretion of the insurer.\n(b) This subchapter does not apply to:\n(1) group life insurance without separately identifiable accounts for insureds;\n(2) a life insurance policy in which the insurer assumes all risk and contractually guarantees a death benefit in exchange for a guaranteed premium set at the time of the policy's issuance;\n(3) an individual or group annuity contract;\n(4) credit life insurance;\n(5) a life insurance policy with no illustrated death benefits on any individual exceeding $10,000;\n(6) a bank-owned or corporate-owned life insurance policy; or\n(7) a life insurance policy that does not provide for cash values or nonforfeiture values.\nAdded by Acts 2019, 86th Leg., R.S., Ch. 1026 (H.B. 207), Sec. 1, eff. September 1, 2019.","path":["INSURANCE CODE","TITLE 7. LIFE INSURANCE AND ANNUITIES","SUBTITLE A. LIFE INSURANCE IN GENERAL","CHAPTER 1101. LIFE INSURANCE","SUBCHAPTER E. DISCLOSURES AND NOTICES RELATING TO LIFE INSURANCE POLICIES WITH NON-GUARANTEED CHARGES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1101.htm#1101.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"ad0b96fccf07e5017105270765d3bbb886d304e3227086610dfe75505d66db68","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1101.202","next":"us-tx/tex.-insurance-code-1101.204"},"notice":"GroundRules: Original legal text. Not legal advice."}