Sec. 1201.002. PURPOSE  


Latest version.
  • The purpose of this chapter is to:

    (1) provide for reasonable standardization, readability, and simplification of terms and coverages in individual accident and health insurance policies;

    (2) promote public understanding of coverages;

    (3) eliminate provisions in individual accident and health insurance policies that may be unjust, unfair, misleading, or unreasonably confusing in connection with:

    (A) the purchase of coverage; or

    (B) the settlement of claims; and

    (4) provide for full and fair disclosure in sales of accident and health coverage.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.