(a) In this section, a “combination company” means an insurer that writes weekly premium life insurance or monthly ordinary life insurance on a debit basis.
(b) A person may not act as a combination life insurance agent for a combination company unless the person holds a general life, accident, and health license or a life agent license.

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Terms Used In Texas Insurance Code 4054.052

  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005

(c) A combination company and a combination life insurance agent may also write ordinary life insurance contracts.

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