{"data":{"id":"us-tx/tex.-insurance-code-1103.002","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1103.002","heading":"INSURABLE INTEREST OF BENEFICIARY.","body":"A beneficiary described by this subchapter who is designated in a life insurance policy has an insurable interest for the face amount of the policy and is entitled to collect that amount.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 7. LIFE INSURANCE AND ANNUITIES","SUBTITLE A. LIFE INSURANCE IN GENERAL","CHAPTER 1103. LIFE INSURANCE POLICY BENEFICIARIES","SUBCHAPTER A. STATUTORY LIFE INSURANCE BENEFICIARIES; INSURABLE INTEREST"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1103.htm#1103.002","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"029c5e563b50fc02decd559ae8c13040daf4f90ffca826e5769fffd4809a7091","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1103.001","next":"us-tx/tex.-insurance-code-1103.003"},"notice":"GroundRules: Original legal text. Not legal advice."}