Section 3.3019 - Policy Definition of Noncancellable(a) The term "noncancellable" may be used only in a policy which the insured has the right to continue by the timely payment of premiums set forth in the policy until at least age 50, or in the case of a policy issued after age 44, for at least five years. The insurer may not unilaterally make any change in any provision of the policy while the policy is in force. Except in the limited circumstances delineated in subsection (b) of this section, an insurer shall not use the phrase "noncancellable and guaranteed renewable" in relation to coverage that meets the above definition, unless it also meets the definition of "guaranteed renewable" set forth in § 3.3020(a) of this title (relating to Policy Definition of Guaranteed Renewable and Limited Guarantee of Renewability) and § 3.3038 of this title (relating to Mandatory Guaranteed Renewability Provisions for Individual Hospital, Medical or Surgical Coverage; Exceptions) of this subchapter.(b) In regards to policies offering excepted benefits, an insurer may continue to issue through May 31, 1998, policies from printed stock existing on the day before the effective date of this subchapter that are noncancellable, as defined in subsection (a) of this section, and that refer to the policy as "noncancellable and guaranteed renewable," as was allowed by rule before the effective date of this subchapter. An insurer may not print any new noncancellable policies on or after the effective date of this subchapter which use policy language describing the policy as "noncancellable and guaranteed renewable," unless such policy also meets the definition of guaranteed renewable set forth in § 3.3020(a) of this title (relating to Policy Definition of Guaranteed Renewable and Limited Guarantee of Renewability) and § 3.3038 of this title (relating to Mandatory Guaranteed Renewability Provisions for Individual Hospital, Medical or Surgical Coverage; Exceptions) of this subchapter.28 Tex. Admin. Code § 3.3019
The provisions of this §3.3019 adopted to be effective January 26, 1977, 2 TexReg 159; amended to be effective December 22, 1997, 22 TexReg 12503.