{"data":{"id":"us-tx/tex.-insurance-code-1153.156","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1153.156","heading":"LIMITS ON AMOUNT OF CREDIT ACCIDENT AND HEALTH INSURANCE.","body":"(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.\n(b) The amount of a periodic indemnity payment may not exceed the scheduled periodic installment payment on the debt.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.","path":["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"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1153.htm#1153.156","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"72bfe3cae273c118d1a84631f9393bf5f95b3c9ea8e8df665e92a3c291299e12","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1153.155","next":"us-tx/tex.-insurance-code-1153.157"},"notice":"GroundRules: Original legal text. Not legal advice."}