Tex. Ins. Code § 884.402 · Subchapter I. AUTHORITY TO ISSUE OTHER COVERAGE
ADDITIONAL COVERAGE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A stipulated premium company that, at the time it begins to issue coverages under this subchapter, possesses the amounts of capital and unencumbered surplus equal to or greater than the corresponding amounts required for organization of a life and health company under Sections 841.052, 841.054, 841.204, 841.205, 841.301, and 841.302 may, subject to Section 884.403:
(1) issue any kind of life insurance coverage authorized by Chapter 3, 841, or 1701 or Title 7;
(2) issue any kind of health or accident insurance coverage authorized by:
(A) Title 7;
(B) Chapter 3, 704, 841, 846, 982, 1201, 1202, 1203, 1210, 1251, 1252, 1253, 1254, 1301, 1351, 1354, 1359, 1364, 1368, 1501, 1504, 1505, 1552, 1575, 1576, 1579, 1581, 1625, 1651, 1652, or 1701;
(C) Chapter 493, other than Section 493.051(b);
(D) Subchapter B, Chapter 38, Subchapter D, Chapter 425, Subchapter A or F, Chapter 1204, Subchapter A, Chapter 1273, Subchapter A, B, or D, Chapter 1355, Subchapter A, Chapter 1366, or Subchapter A, Chapter 1507;
(E) Section 1204.151, 1204.153, 1204.154, or 1451.051; or
(F) Chapter 177, Local Government Code; or
(3) issue life insurance coverage through policies without cash surrender values or nonforfeiture values and that exceed $10,000 on one life.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2E.086, eff. April 1, 2009.
Acts 2017, 85th Leg., R.S., Ch. 594 (S.B. 1070), Sec. 3.11, eff. September 1, 2017.
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 6da012bed06e2a7532f7853699290ac4176840307b31b77d6fd570ae2156c3cc
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Insurance Code
- Tex. Ins. Code ch. 38, subch. BHEALTH BENEFIT PLAN PROVIDER REPORTINGPrinted as Subchapter B, Chapter 38
- Tex. Ins. Code ch. 425, subch. DAUTHORIZED INVESTMENTS AND TRANSACTIONS FOR OTHER LIFE, HEALTH, AND ACCIDENT INSURERSPrinted as Subchapter D, Chapter 425
- Tex. Ins. Code ch. 493AUTHORIZED REINSURANCE; CREDIT AND ACCOUNTINGPrinted as Chapter 493
- Tex. Ins. Code § 493.051REINSURANCE AUTHORIZED.Printed as Section 493.051(b)
- Tex. Ins. Code § 841.052ARTICLES OF INCORPORATION.Printed as Sections 841.052, 841.054, 841.204, 841.205, 841.301, and 841.302
- Tex. Ins. Code § 841.054CAPITAL STOCK AND SURPLUS REQUIREMENTS.Printed as Sections 841.052, 841.054, 841.204, 841.205, 841.301, and 841.302
- Tex. Ins. Code § 841.204EXEMPTION FROM REQUIRED INCREASE OF CAPITAL AND SURPLUS.Printed as Sections 841.052, 841.054, 841.204, 841.205, 841.301, and 841.302
- Tex. Ins. Code § 841.205COMMISSIONER MAY REQUIRE LARGER CAPITAL AND SURPLUS AMOUNTS.Printed as Sections 841.052, 841.054, 841.204, 841.205, 841.301, and 841.302
- Tex. Ins. Code § 841.301LIMITS ON AMOUNT OF ACCIDENT AND HEALTH INSURANCE POLICIES.Printed as Sections 841.052, 841.054, 841.204, 841.205, 841.301, and 841.302
- Tex. Ins. Code § 841.302LIMITS ON LIFE OR ACCIDENTAL DEATH INSURANCE.Printed as Sections 841.052, 841.054, 841.204, 841.205, 841.301, and 841.302
- Tex. Ins. Code § 884.403POLICY REQUIREMENTS.Printed as Section 884.403
- Tex. Ins. Code tit. 7LIFE INSURANCE AND ANNUITIESPrinted as Title 7
- Tex. Ins. Code ch. 1204PROCEDURES FOR PAYMENT OF CERTAIN HEALTH AND ACCIDENT INSURANCE POLICY OR PLAN BENEFITSPrinted as Chapter 1204
- Tex. Ins. Code § 1204.151DEFINITION.Printed as Section 1204.151, 1204.153, 1204.154, or 1451.051
- Tex. Ins. Code § 1204.153PAYMENTS TO TEXAS DEPARTMENT OF HUMAN SERVICES FOR CERTAIN CHILDREN.Printed as Section 1204.151, 1204.153, 1204.154, or 1451.051
- Tex. Ins. Code § 1204.154UNIFORM PROVISIONS.Printed as Section 1204.151, 1204.153, 1204.154, or 1451.051
- Tex. Ins. Code ch. 1273, subch. ABLENDED CONTRACTSPrinted as Subchapter A, Chapter 1273
- Tex. Ins. Code ch. 1355BENEFITS FOR CERTAIN MENTAL DISORDERSPrinted as Chapter 1355
- Tex. Ins. Code ch. 1366, subch. ACOVERAGE FOR IN VITRO FERTILIZATION PROCEDURESPrinted as Subchapter A, Chapter 1366
- Tex. Ins. Code § 1451.051APPLICABILITY OF SUBCHAPTER.Printed as Section 1204.151, 1204.153, 1204.154, or 1451.051
- Tex. Ins. Code ch. 1507, subch. ACONSUMER CHOICE OF BENEFITS HEALTH INSURANCE PLANSPrinted as Subchapter A, Chapter 1507
Cited by 2 provisions
Provisions in this library whose text cites Tex. Ins. Code § 884.402. Each shows the citation as that text prints it.
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