Tex. Ins. Code § 884.354 · Subchapter H. CONTENTS OF APPLICATIONS AND POLICIES
LIFE INSURANCE POLICY FORMS; INCONTESTABILITY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Each life insurance policy issued by a stipulated premium company must state on the front page:
(1) the amount of death benefit to be paid; and
(2) the circumstances or conditions under which the benefit is to be paid.
(b) Each condition of a life insurance policy must be stated in the policy.
(c) A life insurance policy must provide that a policy in force for two years becomes incontestable, except for nonpayment of premiums, on the second anniversary of the date of issuance, if the insured does not die before that date.
(d) A life insurance policy must provide that if the age of the insured is misstated, the amount of insurance is the amount that the premium paid would have purchased if the age had been stated correctly, based on premium rates in effect when the insured dies.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, 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.884.htm
- Text hash
- sha256 06240ddafd768c17a90e302251f6934017f130f954f5ebfe9b3ddd492f504343
- 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.