Statutes, codes, and regulations
Texas Administrative Code
Title 28 - INSURANCEPart 1 - TEXAS DEPARTMENT OF INSURANCEChapter 3 - LIFE, ACCIDENT, AND HEALTH INSURANCE AND ANNUITIES
Subchapter CC - STANDARDS FOR ACCELERATION-OF-LIFE-INSURANCE BENEFITS FOR INDIVIDUAL AND GROUP POLICIES AND RIDERS
Section 3.4305 - Termination of Benefit upon Exercise of Nonforfeiture Option

28 Tex. Admin. Code § 3.4305

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Current through Reg. 50, No. 1; January 3, 2025
Section 3.4305 - Termination of Benefit upon Exercise of Nonforfeiture Option

The life insurance contract may contain a provision terminating the acceleration-of-life-insurance benefit if the contract is continued under a nonforfeiture option.

28 Tex. Admin. Code § 3.4305

The provisions of this §3.4305 adopted to be effective March 1, 1998, 23 TexReg 1585; transferred effective April 16, 1999, 24 TexReg 3092.