Tex. Ins. Code § 1201.058 · Subchapter B. POLICY TERMS
NOTIFICATION THAT POLICY IS RETURNABLE; EFFECT OF RETURN.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An individual accident and health insurance policy must include a notice that states in substance that the individual to whom the policy is issued is entitled to have the premium paid refunded if, after the individual examines the policy, the individual is not satisfied with the policy for any reason and returns the policy not later than the 10th day after the date the policy is delivered to the individual.
(b) An individual accident and health insurance policy returned to the insurer at the insurer's home or branch office or to the agent through whom the policy was purchased within the time provided by the notice is void from the date the policy was issued, and the parties are in the same position as if the policy had not been issued.
(c) The notice required by this section may be printed on the policy or attached to the policy.
(d) This section does not apply to a single premium nonrenewable policy.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1201.htm
- Text hash
- sha256 89685bb1776e59c8b91505780077deeb849086fac534257fe96aaa2e804916c2
- 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.