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Texas Statutes (Last Updated: January 4, 2014) |
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INSURANCE CODE |
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Title 7. LIFE INSURANCE AND ANNUITIES |
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Subtitle A. LIFE INSURANCE IN GENERAL |
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Chapter 1110. INTEREST RATES ON CERTAIN POLICY LOANS |
Sec. 1110.006. INFORMATION TO BE INCLUDED IN POLICY
Latest version.
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(a) A life insurance policy must include the substance of the provisions of Section 1110.004(b) that are applicable to the policy.
(b) A life insurance policy that provides for an adjustable interest rate under Section 1110.004(b)(2) must state the frequency at which the rate is to be determined.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.