{"data":{"id":"us-tx/tex.-insurance-code-841.302","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 841.302","heading":"LIMITS ON LIFE OR ACCIDENTAL DEATH INSURANCE.","body":"(a) Until the amount of the capital and surplus of a domestic insurance company is at least $100,000, the company may not insure any one life for more than $20,000 in the event of death from natural causes or more than $40,000 in the event of death from accidental causes.\n(b) If the net capital and surplus of a domestic insurance company is at least $75,001 but less than $100,000, the company, for any policy issued by the company, shall reinsure the amount of the benefit that exceeds $4,000 in the event of death from natural causes and the amount of the benefit that exceeds $8,000 in the event of death from accidental causes.\n(c) If the net capital and surplus of a domestic insurance company is at least $50,001 but less than $75,001, the company, for any policy issued by the company, shall reinsure the amount of the benefit that exceeds $3,000 in the event of death from natural causes and the amount of the benefit that exceeds $6,000 in the event of death from accidental causes.\n(d) If the net capital and surplus of a domestic insurance company is at least $35,001 but less than $50,001, the company, for any policy issued by the company, shall reinsure the amount of the benefit that exceeds $2,000 in the event of death from natural causes and the amount of the benefit that exceeds $4,000 in the event of death from accidental causes.\n(e) If the net capital and surplus of a domestic insurance company is $35,000 or less, the company, for any policy issued by the company, shall reinsure the amount of the benefit that exceeds $1,000 in the event of death from natural causes and the amount of the benefit that exceeds $2,000 in the event of death from accidental causes.\n(f) Benefits under this section must be reinsured with a legal reserve company that is authorized to engage in the business of insurance in this state.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES","CHAPTER 841. LIFE, HEALTH, OR ACCIDENT INSURANCE COMPANIES","SUBCHAPTER G. ISSUANCE OF POLICIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.841.htm#841.302","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"1d4a9a2e7ee5e51a877ce908fe3cc9d557d8e0d54c30a74fa8e333551591440c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-841.301","next":"us-tx/tex.-insurance-code-841.303"},"notice":"GroundRules: Original legal text. Not legal advice."}