Texas Insurance Code 4054.157 – Limit On Agent’s Authority
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Insurance Code 4054.157
- Contract: A legal written agreement that becomes binding when signed.
Except as provided by Section 154.2021, Finance Code, a funeral prearrangement life insurance agent licensed under this subchapter may not write any coverage or combination of coverages with an initial guaranteed death benefit on any life that exceeds the total cost of the prepaid funeral benefits purchased under the prepaid funeral contract.