{"data":{"id":"us-tx/tex.-insurance-code-1131.005","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1131.005","heading":"GUARANTEEING ISSUANCE OF LIFE INSURANCE POLICY WITHOUT EVIDENCE OF INSURABILITY.","body":"(a) In this section, \"qualified pension or profit-sharing plan\" means a plan that meets the requirements of:\n(1) Section 401 or 403, Internal Revenue Code of 1986, and their subsequent amendments; or\n(2) any corresponding provisions of prior or subsequent United States revenue laws.\n(b) This code does not prohibit a life insurance company authorized to engage in the business of insurance in this state from guaranteeing to issue individual life insurance policies insuring participants in a qualified pension or profit-sharing plan on other than the term plan without evidence of insurability.\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#1131.005","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"aa434a4c6130c1d5e6813bc2e8853f6d768404f9feb97d3884242f81845fb2cd","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1131.004","next":"us-tx/tex.-insurance-code-1131.006"},"notice":"GroundRules: Original legal text. Not legal advice."}