Texas Insurance Code 1201.102 – Prohibition of Policy Provisions
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Insurance Code 1201.102
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Statute: A law passed by a legislature.
The commissioner may adopt rules prohibiting specific individual accident and health insurance policy provisions not specifically authorized by statute that the commissioner determines are unjust, unfair, or unfairly discriminatory to:
(1) the policyholder;
(2) an insured under the policy; or
(3) a beneficiary.