{"data":{"id":"us-tx/tex.-insurance-code-1131.001","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1131.001","heading":"DEFINITION.","body":"In this chapter, \"wholesale, franchise, or employee life insurance\" means a term life insurance plan under which a number of individual term life insurance policies are issued to a selected group at a rate that is lower than the rate shown in the issuing insurer's manual for an individually issued policy of the same type issued to an insured of the same class.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 7. LIFE INSURANCE AND ANNUITIES","SUBTITLE B. GROUP LIFE INSURANCE","CHAPTER 1131. GROUP LIFE INSURANCE AND WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1131.htm#1131.001","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"daa9459d16b3806e3201a032af74fc87d461c547931633b549e66c4bbcd72bd7","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1117.052","next":"us-tx/tex.-insurance-code-1131.002"},"notice":"GroundRules: Original legal text. Not legal advice."}