Tex. Ins. Code § 1106.002 · Chapter 1106. REINSTATEMENT OF CERTAIN LIFE INSURANCE POLICIES
REINSTATEMENT REQUIRED; EXCEPTION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) On the lapse of an individual life insurance policy following the unintentional default in the payment of premiums caused by the mental incapacity of the insured, a person is entitled to have the policy reinstated under this chapter if:
(1) the policy had been in effect continuously for at least five years immediately preceding the lapse; and
(2) there was not a default in the payment of premiums on the policy during the period described by Subdivision (1).
(b) The insurer is not required to reinstate a policy or pay benefits under this chapter if the insured first became mentally incapacitated after the expiration of an applicable grace period contained in the policy.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1106.htm
- Text hash
- sha256 8c3531606b967580a153337f742ac8e1c77c890016c124ba06db3e249d289540
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.