Tex. Ins. Code § 1106.008 · Chapter 1106. REINSTATEMENT OF CERTAIN LIFE INSURANCE POLICIES
REDUCTION IN BENEFITS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
If there is an uncontroverted claim for benefits in an amount that exceeds the amount of premiums and interest owed and unpaid under a policy that is eligible for reinstatement under this chapter, the insurer shall pay the amount of benefits owed reduced by the amount of premiums and interest owed and unpaid on the date the benefits are paid.
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 66f1bec3fbdf478f4166ab8b5764e90d1e7bc99a2e46e17dfd242bfc86a082f2
- 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.